News

First Watch's traffic slides in Q1, but don't expect price-off specials to follow

By Peter Romeo on May 07, 2024

Management at the daytime dining chain said it will focus instead on bringing back strong customer lures from the past.

Dutch Bros sales and profits took off last quarter

By Jonathan Maze on May 07, 2024

Same-store sales increased 10% in the company’s first quarter as boba, protein coffee and more awareness drove traffic to its shops.

Premium

Financing

Franchisors who want faster remodels should reach into their pocketbooks

By Jonathan Maze on May 07, 2024

The Bottom Line: Burger King is spending $550 million to get more of its restaurants remodeled, not counting its own upgraded restaurants. More brands should do this.

Financing

Outback Steakhouse parent considers selling its restaurants in Brazil

By Joe Guszkowski on May 07, 2024

Refranchising is also on the table for Bloomin' Brands' nearly 200 locations in the country, where Outback is very popular.

Beverage

Say goodbye to Panera's Charged Lemonades

By Lisa Jennings on May 07, 2024

The fast-casual chain confirmed the caffeinated drinks will be phased out, but did not specify the timing. The energy drinks have been blamed for two deaths.

Food

Sweetgreen's Caramelized Garlic Steak earns a spot on the permanent menu

By Patricia Cobe on May 07, 2024

In test, the new protein option made up 20% of dinnertime orders, the daypart the fast casual is targeting for growth.

Operations

Portillo's sees consumers reaching boiling point on pricing

By Lisa Jennings on May 07, 2024

When lower-income diners are feeling budget strain, the fast-casual Portillo's feels it most in the drive-thru. To address that, the restaurant chain is working to get orders through car windows faster.

Food