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.
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
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.
The Ground Round plots nostalgia-fueled comeback
Nov 14, 2024 · Soon, however, relative newcomers Chili’s and Applebee’s began stealing the Ground Round’s market share. In 1997, the chain was acquired by Boston Ventures Management, and a brand relaunch was attempted with a slimmed down menu in 2000.
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 ...
Shake Shack wants to convince guests it's worth it
Oct 1, 2024 · “At Shake Shack, a lot of what we do is hard—from the time and effort put into sourcing top-notch ingredients to elevating the guest experience,” Jay Livingston, Shake Shack’s chief marketing officer, said in a statement.
Texas Roadhouse to acquire 13 restaurants from a franchisee
Oct 25, 2024 · Texas Roadhouse is buying 13 restaurants from one of its largest U.S. franchisees as it continues its efforts to operate more of its own stores.
Sodexo mulls acquiring Aramark
Sep 27, 2024 · Food services company Sodexo is considering acquiring fellow food service rival Aramark, Bloomberg News reported earlier this week. If a deal were to come about, it would be big news indeed, as the two companies are giants in the foodservice industry, serving millions every day around the globe in colleges, schools, hospitals, sports venues and more.
FUTURE 50 2024 IN VIDEO - restaurantbusinessonline.com
The future of the restaurant industry is in quick-service concepts. This year’s Future 50 ranking, published by Restaurant Business and sister company Technomic, illustrates the shift away from full-service dining. Read on for the full list of the country’s fastest-growing small restaurants chains, as well as the trends fueling their growth.
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.