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Business Strategy and Profitability News & Media

U.S. on same COVID-19 path as China, says Starbucks chief

March 25, 2020

Starbucks CEO Kevin Johnson, whose company saw the coronavirus hit China back in December, believes the U.S. is on a "very similar" track with COVID-19.

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Revention launches order/delivery bundle providing no-contact delivery

March 25, 2020

Revention, a restaurant order management provider, is offering an online ordering and delivery starter bundle, at a reduced price, as restaurants grapple with…

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National Restaurant Show canceled due to COVID-19 safety concerns

March 24, 2020

The National Restaurant Association is canceling this year's show citing concerns regarding the ongoing COVID-19 coronavirus pandemic.

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Sales falling at 70% of US restaurants

by S.A. Whitehead — Food Editor, Net World Media Group

The restaurant industry is reeling, according to the most recent data collected by Black Box Intelligence, and unfortunately, that's expected to increase.

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Breakfast 'war' pushes restaurant sales up despite COVID-19

March 16, 2020

The breakfast war between QSRs drove U.S. customer transactions up at quick service restaurants despite all the negative impact on the restaurant industry due…

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From bento boxes, to boozy breakfasts, K2 bakes up offbeat brands

by S.A. Whitehead — Food Editor, Net World Media Group

California born and bred restaurant brand innovator, K2, is on a mission to wake up limited service, among other dining categories. In today's podcast, K2 CEO…

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Slim Chickens arrives in Colorado, launches food truck

March 12, 2020

It's been a busy month for Slim Chickens as the brand opened its first Colorado location, in Aurora, and also launched its first food truck.

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7shifts debuts 7tasks to track tasks, boost accountability

March 10, 2020

Restaurant software platform 7shifts is launching a platform called 7tasks that lets restaurant managers create and delegate task lists for workers that also…

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Raising Cane launches new partner program

March 10, 2020

Raising Cane's Chicken Fingers is launching a new partner program focused on training, wellness, and financial support.

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FAT Brands completes $40M whole business securitization

March 9, 2020

FAT Brands Inc., the parent company of Fatburger, has completed a $40 million whole business securitization, a move that will significantly lower the company's…

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Postmates offers 'contact-less' delivery amid coronavirus concerns

March 9, 2020

Postmates has introduced a feature it has dubbed Dropoff Options, where customers can specify how they choose to receive their deliveries, according to Medium. 

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Ells steps down as Chipotle revamps board

March 6, 2020

Brian Niccol, Chipotle Mexican Grill Inc.'s CEO, is now also chairman of the board of directors for the fast casual brand.

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'Gourmet' pizza vending machines roll out after $10M funding round

March 6, 2020

A new edition to the pizza vending machine market is being launched this week, this one emphasizing that the machine provides consumers with "truly gourmet…

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The solo diner ranks tops in U.S. restaurant visits

March 3, 2020

When it comes to who's dining out the single diner is tops when it comes to U.S. restaurant visits.

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Yogurtland debuts dairy-free, vegan smoothie bowl

March 3, 2020

Frozen yogurt brand Yogurtland is now offering a self-serve mixed berry smoothie bowl, which is a dairy-free, vegan option.

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Oracle tech aims to help restaurants, food trucks boost agility, reliability

March 3, 2020

Oracle's new Micros Workstation 625 and 655 POS systems aim to help eateries and food trucks speed up the ordering process and reduce customer wait times.

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I Heart Mac & Cheese to open with a splash in California

February 26, 2020

I Heart Mac & Cheese will debut in California in big style after signing a four-store franchise development deal with Jason Mejia.

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Ike's Love & Sandwiches inks multi-unit Denver deal

February 21, 2020

Father and daughter franchisees Blair and Camille Woodfield have signed a multi-unit franchise deal with Ike's Love & Sandwiches for five locations in the…

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Mamoun's Falafel opening 4th Jersey store

February 21, 2020

Middle Eastern fast casual Mamoun's Falafel is opening another New Jersey location, this time in Paramus.

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Brendan Mauri tapped as Rusty Taco president

February 20, 2020

Inspire Brands has named Brendan Mauri president of Rusty Taco.

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