Restaurant Business

TODAY’S TOP STORIES

Hawkers Asian Street Food declares bankruptcy

The 15-unit casual-dining chain was founded in 2011 and serves a varied menu of Asian dishes and cocktails.

Want your franchisees to get on board with discounts? Give them a break on remodels

The Bottom Line: Franchisors want their operators to cut prices and run deals. They’d get further along if they delayed remodel requirements or other costs. PREMIUM

Should you buy tech, or build it yourself? FSTEC offered some spirited answers

A panel on the topic opened with a divided group of presenters. But they eventually came around to the conclusion that a blend of the two approaches could be the best bet.

Forecasting Slow Growth & Positive Future for Food Away from Home

IFMA predicts the restaurant segment is expected to grow by 0.5% in 2024, with fast casual leading the way at 1.3%. Learn how inflation predictions have been adjusted, and find out how different restaurant categories are expected to perform. Get all the insights into the foodservice industry's future with IFMA's industry projections.

Sponsored content from our partner IFMA

Walk-On’s names yet another new CEO

The casual-dining chain promoted CFO Chris Porcelli to the top spot, its third CEO since 2023.

Americans' view of restaurants has tumbled this year

Americans’ opinion on restaurants hit the lowest point since 2008, according to an annual Gallup survey of their perspective on different industries.

Chipotle puts its 'cobots' to work in restaurants

The automated avocado peeler and an augmented makeline have moved to the next stage of testing. Can they handle a lunch rush?

Kamala Harris promises to kill the tip credit

Working Lunch: The Democratic presidential candidate has made it the first promise in her five-point economic plan.

Hooters, Graze Craze and Condado Tacos catch football fever

Taste Tracker: New burgers for Wayback and Hard Rock; veggies sprout at Sweetgreen and Habit; Perkins launches melts; and more fall menu news of the week.

BurgerFi gets funding to get through bankruptcy

Operations will continue at the 144 restaurants as the parent company works through restructuring. But the chairman of the board resigned.

Craveworthy Brands takes full ownership of Dirty Dough

After taking a smaller bite of the cookie chain earlier this year, the multi-brand Craveworthy will become sole owner with an equity swap.

Under David McKillips, the 'E' in Chuck E. Cheese might as well stand for 'experiment'

The former theme park and Mad magazine executive has left little unchanged since assuming responsibility for the family favorite at a low point in its history. PREMIUM

SPECIAL REPORT

Future 50 2024

The future of the restaurant industry is in quick-service concepts. This year's Future 50 ranking, published by Restaurant Business and sister company Technomic, illustrates the shift away from full-service dining.

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It's a buyer's market, but Andy Wiederhorn is (so far) staying on the sidelines
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Portillo's Salted Caramel Spice Cake is ready to take on chocolate fans this fall
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