real estate

Operations

Raising Cane's readies 1,000th unit, which is in heart of Hollywood

This unit will be another flagship in one of the highest-volume tourist areas of Los Angeles. The chicken finger chain expects to open nine more this year in the market, which will soon host the 2026 World Cup.

Operations

Jean-Georges Vongerichten restaurants in New York's Tin Building have shuttered

The $200 million project on the Manhattan waterfront is to be converted into the Balloon Museum, ending an attempt to turn the Seaport into a dining destination.

The fast-casual salad chain slowed its pace of growth significantly this year. Now the company is reviewing its portfolio. Is shrinkage in Sweetgreen's future?

Nick Schorsch Sr.'s Heritage Restaurant Group in Newport, Rhode Island, is buying up historic restaurants. His goal is to raise the bar for the resort town's food scene.

A Deeper Dive: Stephen Cohen, a real estate attorney, joins the restaurant finance podcast to talk about mall real estate and how the retailer’s bankruptcy could affect that.

The move follows another six closures late last year as the fast-casual chain evaluates performance across the portfolio. But growth is also planned, officials say.

Chipotle, Raising Cane's and Wingstop are gung ho on growth this year. Other brands, however, are slowing their roll or closing units.

The Columbus, Ohio-based fast casual won a minority investment last year from Chipotle's Cultivate Next fund. Now Brassica is readying a jump to three new markets.

Sales at the fast-casual chain in the once-hot market slowed in the second quarter, prompting a revenue downgrade and questions about the company's expansion plans.

It was more collegial executive exchange than smack down, but the leaders of the drive-thru coffee concept and fast-casual Italian beef concept shared notes on growth, menu innovation and digital tech at the Restaurant Leadership Conference in Phoenix.

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