The Technomic Top 500 - Restaurant Business
The 2024 Technomic Top 500 Chain Restaurant Report is out. Check out the annual ranking of the 500 largest restaurant chains in the U.S. by
Restaurant Business Magazine - Trends, Ideas and News
A Deeper Dive "A Deeper Dive" is a weekly podcast from Restaurant Business dedicated to going in-depth on the most pressing challenges and opportunities restaurant operators face today, hosted by Editor-in-Chief Jonathan Maze.
How customers' dining preferences and spending habits are …
Oct 8, 2024 · While fast-casual restaurants are outperforming other sectors in the industry, the survey finds that casual dining continues to be the most popular restaurant choice when dining out, climbing up to 69% in 2024 from 63% in 2023.. US Foods concludes that the in-restaurant customer experience continues to play a key role in driving profitability and customer loyalty.
Olive Garden owner Darden completes acquisition of Chuy's for …
Oct 11, 2024 · Chuy’s shareholders overwhelmingly approved the acquisition during a meeting Thursday. Earlier, some shareholders had raised concerns about whether Darden was paying enough for the chain. Chuy’s responded last week by sharing additional details about how it came to the price of $37.50 per share, which represents a 10.9x multiple of Chuy’s estimated EBITDA, or earnings before interest ...
Jaggers | 2024
Created by casual-dining giant Texas Roadhouse in 2014, Jaggers is finally beginning to spread its wings. The fast-casual burger chain doubled its footprint last year from five to 10 locations and expects to open another three franchised outlets this year.
Tacombi | 2024
Restaurant Business' Future 50 is a list of the fastest-growing small restaurant chains in the U.S. according to Technomic Ignite Company
TGI Fridays closes more U.S. restaurants as troubles continue
Oct 11, 2024 · TGI Fridays had not responded to a request for comment as of publication time. The reason for the recent wave of closures was unclear. Signs posted to the doors of closed restaurants said only that it was a “difficult decision” and directed customers to nearby locations, according to local media reports.
Sweetgreen's robotic Infinite Kitchen is finally open - Restaurant …
May 10, 2023 · Promising a faster and more convenient experience, Sweetgreen’s long-awaited, fully automated Infinite Kitchen restaurant made its debut on Wednesday in Naperville, Ill.
10 restaurant chains that closed the most locations last year
May 6, 2024 · Some have closed more than others, however. Several perpetually struggling brands closed large swaths of restaurants in 2023. Here are the 10 chains that pulled back the most last year, based on percentage of total U.S. unit count, according to data from the Technomic Top 500 Chain Restaurant Report.. The chains …
TGI Fridays is preparing for possible bankruptcy, reports say
Oct 21, 2024 · TGI Fridays is making preparations for a bankruptcy filing, according to two reports. The casual-dining chain was talking with advisers late last week about next steps, including bankruptcy, after the company was terminated as the manager of its whole business securitization last month, according to a Debtwire report. And on Saturday, Bloomberg reported that the chain was huddling with lenders ...