Joe Guszkowski

Senior Editor

Articles by
Joe Guszkowski

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Financing

TGI Fridays sells licensing rights to Kraft Heinz to pay off debt, report says

The deal gives Kraft Heinz the right to use Fridays’ brand name on retail products in perpetuity.

Operations

BJ's margins make a leap, with help from AI

A new AI-powered scheduling tool, among other initiatives, helped make the casual-dining chain's restaurants more profitable in the first quarter.

The chain reported another quarter of impressive sales and traffic growth, and its margins increased, too.

The data breach last month affected Panda Restaurant Group's corporate systems and exposed employees' personal data.

The deal nearly triples One Group's footprint and brings its total annual revenue to more than $1 billion.

Guests feel more rushed and order less food when others queue up behind them, according to new research from Temple University.

A focus on value and operations is helping both sales and profits at the casual-dining chain.

Cannabis users are far more likely to order delivery and fast food than those who don’t indulge, survey results from Numerator show.

The burger mirrors McDonald’s signature sandwich in almost every way and continues Chili’s efforts to steal share from fast-food chains.

Nothing will change under new owner TEI Hospitality, Ray’s namesake Ray Schoenbaum said.

Data from Placer.ai shows that full-service traffic perked up in March after a difficult end to the year.

Macroeconomic challenges and corporate missteps have landed a number of companies in financial crisis this year.

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