Luckin Coffee boosted 2020 revenues 33.3%, restructuring continues

September 23, 2021

Luckin Coffee, a pioneer in coffee vending and a competitor to Starbucks in China, which filed for bankruptcy protection in February, reported strong financial…

Future of ghost kitchens not just smarter, it’s tastier

by Buck Jordan

Ghost kitchens allow brands to test innovations without risk. Buck Jordan, founder & CEO of Wavemaker Labs, believes ghost kitchens provide 24/7 opportunities…

Rave Restaurant sales, earnings stay on growth path

September 21, 2021

Rave Restaurant Group posted its fifth consecutive quarter of positive sales and earnings for Q4 ended June 27, 2021, according to a earnings report.

U.S. restaurants continue gradual recovery, dine-in still down

September 21, 2021

Despite inclement weather and the delta variant spread, consumer online and physical restaurant visits continue to recover from last year's steep declines.

Global food service industry to reach $4.1T by 2026

September 20, 2021

Amid the COVID-19 crisis, the global market for food service industry, which was $3.5 trillion in 2020, is hit $4.1 trillion by 2026, according to a Global…

Need to renegotiate your lease? Expert weighs in

The restaurant industry continues to face significant challenges as states and regions continue with restrictions to address the coronavirus pandemic. In…

How top brands are tackling kitchen design, third-party delivery challenges

by Mandy Wolf Detwiler — Editor, Networld Media Group

Two panel discussions at the recent Restaurant Franchising and Innovation Summit focused on modern kitchen design and third-party delivery services. Experts…

Smokey Bones, Nathan’s Famous execs to discuss ghost kitchens at 1-day virtual event

Two industry executives will discuss the rise of ghost kitchens at the #QSRNext event Nov. 9. The one-day workshop is free for restaurant executives.

Why operators should plan now for lease accounting compliance

by Taj Adhav

After a one-year pandemic deferral, ASC 842 goes into effect for private companies at the end of this year.  Yes, there's another deadline, essential for you…

Burger King most popular drive-thru in U.S.

September 15, 2021

Burger King is the favorite when it comes to the most popular fast food drive-thru in the U.S.

Workers are serving themselves: Restaurants should as well

by Victoria Avery — Marketing Specialist, GRUBBRR

The pandemic has turned the restaurant industry on its head, with employees realizing that restaurants need them more than they need restaurants. This newfound…

TalentReef Introduces Integrated Conversational AI Chatbot

Leading talent management platform delivers innovation to help solve today’s hourly workforce hiring crisis

Savory Fund invests in expanding Pincho concept

September 10, 2021

Savory Fund, an investment entity focused on delivering outsized returns through strategic investments in the food and beverage industry, has invested in the…

Sweeping vaccine mandates to affect American employers

September 10, 2021

President Joe Biden has directed the Labor Department to mandate employers with more than 100 workers require the COVID-19 vaccine for their employees or…

DoorDash, Uber, GrubHub sue NYC over fee caps

September 10, 2021

Third-party delivery services DoorDash, Uber and GrubHub are suing New York City over fee caps, according to a Fox Business report.

JPMorgan buys restaurant review platform

September 10, 2021

JPMorgan Chase is buying The Infatuation, a restaurant review and recommendation platform, according to a CNN Business report.

2 Panera VIPs keynoting Fast Casual Executive Summit 2021

by Cherryh Cansler — Editor, FastCasual.com

Very few fast casual brands have been as successful as Panera Bread over the years, and that success is directly linked to its willingness to take risks when…

Feds expand Economic Injury Disaster Loan cap, usage options

September 9, 2021

The White House and the U.S. Small Business Administration have overhauled the Economic Injury Disaster Loan program, increasing the loan cap and expanding…

BarSight Releases Free Employee Scheduling Software for Restaurants

New free subscription plan from BarSight Restaurant Systems offers unlimited scheduling for restaurants, with automatic labor forecasting and sales…

Munchie Magic revenues hit record high in August

September 7, 2021

Baristas Coffee Company/Munchie Magic revenues in August, from its Munchie Magic restaurants offering Ben & Jerry's ice cream, beer, wine, hard alcohol…