Restaurant News | Restaurant Dive
WEBA court approved $3.5 million in funding from TREW Capital Management, giving the burger brand sufficient cash to operate without closing stores. Restaurant Dive has the latest news in the restaurant industry, covering topics like consumer trends, technology, marketing and branding, operations, mergers & acquisitions, and more.
KFC adds $4.99 meal deal through year’s end | Restaurant Dive
WEBApr 8, 2024 · Dive Brief: KFC on Monday announced it is offering a value menu through the end of 2024 featuring a $4.99 two-piece chicken meal for one; a variably priced four-piece, two-person chicken meal; and a $20 six-piece chicken family meal. The menu is called “Taste of KFC Deals.” The two-piece meal includes a chicken thigh, drumstick, a side of mashed potatoes and a biscuit.
Why Chipotlanes are Chipotle’s future | Restaurant Dive
WEBNov 21, 2022 · It is also targeting 255 to 285 restaurant openings in 2023, and 80% of new restaurants in 2022 and 2023 will feature Chipotlanes. This channel, which generates roughly 15% higher sales than a traditional Chipotle restaurant, led to a shift in real estate, construction and labor strategy, Zalotrawala said. “Our priority for development will ...
Domino’s boosts rewards points with new loyalty program
WEBSep 12, 2023 · Domino’s has halved the minimum spend required to earn loyalty points with the launch of its enhanced loyalty program, Domino’s Rewards, the chain announced Tuesday. Customers can now earn 10 points per order on every order of $5 or more. Under the chain’s previous Piece of the Pie rewards program, which …
Portillo’s targets 920 future units, up from 600 - Restaurant Dive
WEBSep 22, 2023 · Portillo’s, which has 77 full-scale restaurants in 10 states, increased the minimum number of stores it estimates it can open from 600 to 920, the company wrote in an email to Restaurant Dive. This estimated target store count includes 800 full-sized restaurants and 120 pickup units, walk-up stores for urban areas and other alternative ...
RBI to acquire Carrols Restaurant Group for $1B
WEBJan 16, 2024 · Dive Brief: Restaurant Brands International and Carrols Restaurant Group have entered into an agreement for RBI to acquire all shares of Carrols not currently owned by RBI in an all-cash transaction worth roughly $1 billion, or about $9.55 per share, the companies said Tuesday.; Carrols, Burger King’s largest U.S. franchisee, operates 1,022 Burger King units and 60 Popeyes restaurants across ...
How bad is restaurant inflation? Here’s what the data shows.
WEBNov 3, 2022 · Visits to full-service restaurants were down 18.2% during the last week of September compared to the same week in 2019, and down 6% in 2021, according to Placer.ai data emailed to Restaurant Dive. Comparatively, QSR and fast food chains saw visits decline 7.1% that same week compared to …
Inspire Brands changes its corporate structure - Restaurant Dive
WEBNov 30, 2023 · Dive Brief: Inspire Brands realigned its corporate structure earlier this month to focus on three areas of operations: brands, commercial and company restaurants and growth, according to a press release issued Thursday. To support the realignment, Inspire promoted two executives. Scott Murphy, who has served as …
An inside look at Red Robin’s menu revamp | Restaurant Dive
WEBOct 3, 2023 · Red Robin’s core menu additions. Release Date: Oct. 2. Crispy Parmesan Brussels Sprouts: Lightly fried brussels sprouts topped with parmesan cheese, starting at $8.49. Tsunami Shrimp: Panko-breaded shrimp are tossed in sweet and spicy sauce, served on top of a bed of Yukon Chips and finished with sesame seeds.
7 restaurant industry trends to watch in 2024
WEBJan 10, 2024 · Restaurant prices hikes are expected to soften in 2024 compared to the low double-digit increases of 2023, which have pushed diners to their limit, experts said. Lynne Collier, restaurant analyst at Water Tower Research, expects pricing to range between 3% and 5% this year given that commodity and labor costs have dropped.