Operations News
Mercato Partners launches $90M investment fund to fuel up-and-coming brands
June 4, 2020
Mercato Partners, an investor for growth-stage companies, has developed Savory, a $90 million fund to help scale up-and-coming restaurant concepts. To create…
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Consumers leaning into order pickup
June 3, 2020
When it comes to digital restaurant orders, consumers prefer picking them up compared to delivery and are ordering more meals online than ever primarily due to…
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Judge requiring Panera franchisee to pay $4.6M to managers
June 3, 2020
Panera Bread's largest franchisee, Covelli Enterprises, must pay $4.6 million to more than 900 assistant managers who alleged Fair Labor Standards Act and Ohio…
read nowLouisville police fatally shoot restaurant owner amid protests
June 2, 2020
Police shot and killed David McAtee, the owner of YaYa's BBQ in Louisville, early Monday, according to Kentucky Governor Andy Beshear. State and local police…
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Fat Brands reports wider Q1 loss amid COVID-19
June 1, 2020
Fat Brands Inc., the owner of eight fast casual restaurant brands, including Fatburger and Elevation Burger, reported a wider loss in the first quarter as the…
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House approves bill to loosen PPP loan requirements
May 29, 2020
The U.S. House of Representatives approved a bill designed to loosen requirements on hundreds of billions of dollars in small-business loans to help companies…
read nowPeet's Coffee reopens 13 stores
May 28, 2020
Peet's Coffee has fully reopened 13 more locations as of today in California, Colorado, Maryland, and Virginia. Aside from those stores, other locations are…
read nowLe Pain Quotidien selling for $3M
May 28, 2020
Le Pain Quotidien in the U.S. has filed for bankruptcy in Delaware, but Aurify Brands LLC is hoping to buy it for $3 million, pending court approval, according…
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Tork pledges $100K to help restaurants provide meals to pandemic workers
May 26, 2020
Tork, a global professional hygiene brand of Essity, is donating 100,000 to restaurants and hospitals in Philadelphia, the headquarters for Essity's global…
read nowReopening of dine-in service helping restaurants make small progress
May 26, 2020
Customer transactions at major U.S. restaurant chains declined by -21% in the week ending May 17 compared to the same period last year, a slight gain from last…
read nowMenuDrive platform helping restaurants launch online ordering in 1 hour
May 26, 2020
MenuDrive, a white-labeled online ordering platform, has launched MenuDrive Self Sign-up for restaurants, which allows them to launch online ordering and…
read nowMVP Group introduces touchless hand sanitizer dispenser
May 26, 2020
MVP Group, a Miami based foodservice equipment supplier that has a medical supply division that provides personal protective equipment, has introduced a…
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Starbucks CEO doubling down on off-premise business
May 22, 2020
Although Starbucks CEO Kevin Johnson said Thursday in a letter to employees that he was happy with the chain's progress over the past two weeks, he warned that…
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Just Salad taps Kenneth Cole for creating, designing employee facemasks
May 22, 2020
Just Sald is teaming up with fashion icon Kenneth Cole to design and create thousands of protective face masks for the restaurant brand's employees across…
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DoorDash unveils location-tracking feature for to-go orders
May 20, 2020
DoorDash, one of the nation's largest mobile delivery platforms, has launched a feature to make restaurant to-go orders more efficient for merchants and…
read nowSaladworks expanding via mobile ecosystems with Reef tech help
May 20, 2020
The create-you-own salad concept Saladworks is partnering with Reef Technology to create mobile ecosystems and now has its footprint in 17 Reef hubs throughout…
read nowBoston Market names new president
May 18, 2020
Randy Miller is Boston Market Corporation's new president, and Eric Wyatt, who had filled the role since February, will transition back to COO, the title he…
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Dog Haus adding Wow Bao to the menu
May 18, 2020
Chicago's Wow Bao is teaming up with Dog Haus to provide Wow Bao's Asian food to the Pasadena community through delivery, according to a press release.
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Can Starbucks get some rent money?
May 14, 2020
Starbucks Corp. is asking for a break in rent from landlords of its nearly 9,000 U.S. company-owned stores, according to Eater, which reported that the chain…
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Lefty's posts 50% growth amid COVID-19
May 14, 2020
Lefty's Famous Cheesesteaks Hoagies & Grill, which has 15 units, added locations to five communities in the Michigan market this year and will add about 2…
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