Restaurant Business

Operations

With 2 new concepts coming, 50-year-old Golden Corral refuses to act its age

The buffet operation is commemorating its golden anniversary with initiatives aimed at keeping it around for the next 50 years. That includes the launch of fast-casual and steakhouse concepts.

Financing

Cava Group says it might go public

The fast-casual chain, which operates Cava Grill and Zoe's Kitchen, has confidentially filed SEC documents for an initial public offering.

The SEC said Steve Easterbrook made false statements regarding the nature of his firing and charged McDonald’s over public disclosure violations. Easterbrook was fined $400,000. The burger giant escaped financial penalties due to its cooperation.

As grazing boards continue to grow on menus, operators have the chance to earn incremental purchases and boost check averages.

The Bottom Line: The late-night treat chain wants to be able to deliver warm cookies to 95% of the U.S. and has the unit economics to justify expansion. But it must first navigate a competitive cookie market.

Flitman, who left the distributor's arch-rival in 2018, will assume the top job on Jan. 5.

Take a break from worrying about sales and staffing to indulge in some entertainment. Here are some viewing options with particular appeal for operators.

The five-unit chain hopes to more than quadruple its footprint over the next few years.

Reality Check: Technology's big payback isn't eliminating jobs, it's making current job holders happier.

When strategizing for fall and winter promotions, restaurants should be sure to include sports programming in their offerings. Happy hour deals may draw people in, but quality programming on televisions will encourage guests to indulge in more appetizers and another round (or two) and more.

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