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In Red Lobster, a symbol of the challenges with casual dining

 By Jonathan Maze on Apr. 17, 2024

The Bottom Line: Consumers have shifted dining toward convenience or occasions, and that has created havoc for full-service restaurant chains. How can these companies get customers back?

Financing

California restaurant operators raise prices, look for solutions and try to remain optimistic

 By Jonathan Maze on Apr. 17, 2024

Restaurant companies have raised prices to offset the $20 wage. But how much depends on the concept. And brands like McDonald’s are also working to get customers excited about coming in.

Financing

Guernsey Holdings buys 20 Zaxby's restaurants

By Jonathan Maze on Apr. 17, 2024

The operator of franchised brands like Sonic Drive-In and Little Caesars is working with the franchisee’s management to acquire the locations in South Carolina.

Operations

Martha Stewart: ‘Restaurants are one of the hardest businesses on earth’

By Heather Lalley on Apr. 17, 2024

The legendary businesswoman and multimedia maven discussed her career reinventions and plans for the future in a wide-ranging chat at Restaurant Leadership Conference.

Financing

A look at the future of virtual restaurant brands

By Jonathan Maze on Apr. 17, 2024

A Deeper Dive: Robbie Earl, co-founder of MrBeast Burger operator Virtual Dining Concepts, joins the podcast to discuss the digital-only brands.

Financing

The 10 largest restaurant chains in the U.S.

By Jonathan Maze on Apr. 16, 2024

Technomic Top 500: Here are the country's 10 largest restaurant chains by sales, according to the Technomic Top 500 Chain Restaurant Report.

Emerging Brands

P.F. Chang's opens a fast-casual Asian bowl concept

By Peter Romeo on Apr. 16, 2024

A Pagoda by P.F. Chang's is operating in a suburban New York shopping mall. It's the chain's third crack at a fast-casual spinoff.

Financing

Higher prices and more locations drove chain restaurant sales last year

By Jonathan Maze on Apr. 16, 2024

Technomic Top 500: Chain restaurants continued to record strong growth last year, but mostly without higher traffic. And there were wide variations in performance throughout the ranking.

Financing

TGI Fridays to be acquired by U.K. franchisee Hostmore for $220M

By Joe Guszkowski on Apr. 16, 2024

The merger will create a 600-unit global company and take Fridays public on the London Stock Exchange.

Operations

These are the rising stars of the eatertainment space

By Lisa Jennings on Apr. 16, 2024

At the Restaurant Leadership Conference in Scottsdale, Arizona, leaders of Puttshack, Pinstripes, Alamo Drafthouse and the new Joy Trade platform shared their plans for growth.

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