Quick-service restaurant chains, which represent the bulk of industry transactions, had four consecutive weeks of transaction increases in the retail month of December (December 1 through January 5
Restaurants felt the impact of the shortened 2019 holiday sales season in their gift card sales, according to data from Paytronix Systems, Inc., the most advanced digital guest experience platform.
Rocky Mountain Chocolate Factory, Inc.
The company will explore an initial public offering.
The move comes about a year after its $300 million Zoës Kitchen deal.
The 19-unit chain also counts Shake Shack founder Danny Meyer as an investor.
The industry has added 308,700 jobs over the past year.
Boathouse Capital, a Philadelphia-based private equity firm, announced that it has partnered with Green Shoot Partners to acquire Fresh Dining Concepts.
The surging chain has no shortage of runway ahead.
The multi-concept company's sales and traffic continue to decline.
Franchising will be part of the renewed effort.
The Mexican fast casual was last dealt in March 2018.
The brand appears to have closed all locations.
The sandwich fast casual is considering refranchising as well.
Off-premises innovation and labor are going to separate the winning brands.
The company is actively looking for franchise operators.
A new CFO and CMO hope to point the company forward.
New CEO Rob Lynch restructures the management team as company announces first quarterly sales increase in two years.
Smaller, more agile restaurants are on deck for 2020 and beyond.
Brentwood Associates, an investor in Blaze Pizza and Veggie Grill, picks up the chicken-salad fast casual for an undisclosed amount.
The fast-food chain also revealed that it's paying CEO Steve Easterbrook 26 weeks severance.
The surging brand saw its same-store sales jump double-digits in the third quarter.
Chicken Salad Chick announced its continued success during the third quarter, marking its 15th consecutive quarter of positive same-store sales growth.
Store closures, overly leveraged franchisees, are part of the company's short-term future.
Starbucks Coffee Company announced its plans to invest $10 million in four community lenders to drive economic opportunity in Chicago.
More than half of Chipotle's 150–165 planned new restaurants for 2020 will have a drive thru. But that's just the beginning of this story.
Rising costs challenged the brand in the third quarter.
Inspire Brands, Inc. announced October 18 the completion of its acquisition of Jimmy John’s Sandwiches.
This likely won't be the last major move for the country's fourth-largest restaurant company.
The post-summer back to business and school as usual kept U.S. restaurant transactions flat in September compared to year ago, reports The NPD Group.