Tag

Restaurant Chains

All articles tagged with #restaurant chains

business24 days ago•1 min saved

Inspire Brands readies IPO with roughly $20B valuation goal

Inspire Brands, the owner of Dunkin, Arby’s, Buffalo Wild Wings, Baskin Robbins, Sonic Drive-In and Jimmy John’s, confidentially filed to go public, with backer Roark Capital reportedly aiming for about a $20 billion valuation. The group operates more than 33,300 restaurants and posts roughly $33.4 billion in annual sales, a result of its 2018 formation and a string of acquisitions including taking Dunkin and Baskin Robbins private in 2020. While the U.S. IPO market has been tepid, it could improve later this year, with Jersey Mike’s also pursuing a listing.

via CNBC|

#business #dunkin #inspire-brands

food7 months ago•3 min saved

Top Restaurant Chains for the Best Cheeseburgers, Chefs Say

Chefs highlight five restaurant chains—In-N-Out, Shake Shack, La Birra Bar, Bareburger, and McDonald's—that serve cheeseburgers rivaling gourmet quality, emphasizing ingredient quality, cooking techniques, and unique toppings.

via Eat This Not That|

#cheeseburgers #chef-recommendations #fast-food

business9 months ago•3 min saved

Bruce Willis and Sylvester Stallone Founded This Chain Restaurant

Planet Hollywood was founded in 1991 by Bruce Willis, Sylvester Stallone, and Arnold Schwarzenegger as a Hollywood-themed restaurant chain inspired by the '90s celebrity culture. Despite its initial success and expansion worldwide, the chain faced decline by the early 2000s, filing for bankruptcy twice, and now only a few locations remain. Willis and Stallone continue to hold stock in the company, which has become a symbol of celebrity-driven dining trends of the era.

via yahoo.com|

#bruce-willis #business #celebrity-restaurants

business9 months ago•0 min saved

US Fast-Food Industry Faces Challenges Amid Rising Costs and Consumer Spending Cuts

US consumers are tightening their belts, leading to financial challenges for restaurant chains, as highlighted by the Financial Times, which discusses the broader economic implications and subscription-based insights.

via Financial Times|

#business #consumer-spending #economic-impact

business11 months ago•2 min saved

In-N-Out Leads in Employee Happiness for the 10th Consecutive Year

Dutch Bros, an Oregon-founded coffee chain, ranked third in a study of employee satisfaction among major restaurant chains, with 78% of employees recommending their job. The company plans to move its headquarters from Grants Pass, Oregon, to Arizona, sparking mixed reactions among fans. The study highlights In-N-Out as the top-ranked chain for employee happiness for a decade.

via OregonLive.com|

#business #company-headquarters-move #dutch-bros

business1 year ago•1 min saved

Roark Capital Acquires Dave’s Hot Chicken in $1 Billion Deal for Rapid Expansion

Dave's Hot Chicken, a rapidly growing Nashville-style hot chicken chain founded in 2017, has been acquired by private equity firm Roark Capital in a deal valued at $1 billion. The company plans to continue its growth with 400 locations worldwide and will retain its leadership team, including CEO Bill Phelps, as it aims to expand further and innovate in menu offerings.

via OregonLive.com|

#acquisition #business #daves-hot-chicken

business1 year ago•10 min saved

Revived Restaurant Chains Make a 2024 Comeback

In 2024, several struggling restaurant chains, including Chi-Chi's, Fuddruckers, and Sweet Tomatoes, have made significant comebacks by implementing strategic changes and new leadership. Chi-Chi's plans to reopen locations after 20 years, while Fuddruckers and Sweet Tomatoes are expanding their footprints. Other chains like Burger King and Corner Bakery are also seeing improvements through investments and restructuring efforts. These revivals highlight the potential for struggling brands to recover and thrive with the right strategies.

via Eat This, Not That|

#bankruptcy #business #comeback

business2 years ago•2 min saved

California Fast Food Chains React to Minimum Wage Hike with Menu Price Increases

Several fast food chains in California, including Burger King and In-N-Out, have raised prices for menu items following the implementation of a new $20 minimum wage law for restaurants with at least 60 locations nationwide. The price hikes, ranging from 25 cents to $4, have been observed at various locations, while some chains like Chick-fil-A, Wendy’s, and McDonald’s have not increased prices despite potential impacts from the wage increase. The new law also establishes a "Fast Food Council" to oversee further pay raises and working conditions, with the minimum wage increase in California resulting in a minimum annual salary of $41,600 for workers.

via Fox Business|

#business #california #fast-food

food-and-dining2 years ago•2 min saved

"National Burrito Day 2024: Where to Score Free Burritos and Deals"

National Burrito Day is being celebrated with various deals and promotions at popular restaurant chains across the United States, including buy-one-get-one offers, free delivery, and discounts for rewards program members. Participating chains such as Baja Fresh, Chipotle, El Pollo Loco, Moe’s Southwest Grill, Qdoba, Sheetz, and Taco Bell are offering special deals on burritos to mark the occasion.

via WGN TV Chicago|

#discounts #food-and-dining #food-deals

business2 years ago•2 min saved

"California Fast Food Workers Face Job Losses Amid Minimum Wage Hike"

Fast food workers in California are facing job losses as the state's minimum wage is set to increase to $20 on April 1. Chains like Pizza Hut and Round Table Pizza are announcing cuts, with hundreds of jobs being axed, hours reduced, and hiring frozen. The Fast Act, signed by Gov. Gavin Newsom, requires fast food chains with 60 or more locations nationwide to meet the wage increase, impacting 80% of the workforce. Some businesses are attempting to find exemptions, while others, like Chipotle and Starbucks, are evaluating the impact and considering price increases.

via USA TODAY|

#business #california #fast-food

businesseconomy2 years ago•3 min saved

"Rising Inflation Threatens Restaurant Chains as Dining Costs Soar"

Inflation data shows a 5.1% year-over-year increase in dining out costs, while grocery prices rose by 1.2%. Rising labor costs, minimum wage hikes, and impending wage increases in several states are expected to impact restaurant chains, leading to potential customer pullback and transaction size reduction. Brands like McDonald's, Wendy's, Domino's, Taco Bell, and Starbucks are already feeling the effects, with some adjusting their strategies to cater to changing consumer sentiments. Meanwhile, consumer staples companies supplying grocery stores, restaurants, and bars may be well positioned, with PepsiCo expecting to gain market share within the restaurant industry. However, moderating inflation is unlikely to result in lower grocery prices, as consumer staples companies are expected to hold higher prices and reinvest profits behind their brands.

via Yahoo Finance|

#businesseconomy #consumer-spending #grocery-pricing

food-and-dining2 years ago•2 min saved

"National Pizza Day 2024: Where to Score Free and Discounted Pizza Deals"

National Pizza Day is on February 9, and several restaurant chains are offering discounts and freebies to celebrate. Fazoli’s is offering a $9.99 whole pizza with breadsticks, Home Run Inn is giving a free 12-inch frozen pizza with the purchase of an extra large pizza, Marco’s Pizza has a $5.99 Pizzoli deal and $3 off specialty pizzas, Papa Murphy’s is offering 25% off online orders with code NPD24, and Round Table is offering a large Double Play Pepperoni Pizza for $22.99 with code DOUBLEPLAY. Toppers Pizza is also giving a free medium pizza to customers who spend $10 in the Toppers app from February 9-14.

via The Takeout|

#food-and-dining #food-discounts #national-pizza-day

food-and-drink2 years ago•2 min saved

Butter Chicken Battle: Court to Decide Inventor in India

Two Indian restaurant chains, Moti Mahal and Daryaganj, are embroiled in a legal battle over the origins of popular dishes butter chicken and dal makhani, with Moti Mahal claiming to have invented them in the 1930s and Daryaganj asserting a partnership with Moti Mahal's founder. The lawsuit, seeking damages and alleging website and restaurant design infringement, has captured public attention in India, raising concerns about court time allocation amid a significant backlog of cases. The Delhi High Court is expected to hear the case in May.

via CBS News|

#butter-chicken #delhi-high-court #food-and-drink

food-and-dining2 years ago•5 min saved

"Score Free Meals and Discounts: Veterans Day Deals 2023"

In honor of Veterans Day, several restaurant chains are offering free meals and deals for veterans and active-duty military members. Participating chains include Chili's, Applebee's, Red Robin, Bob Evans, Golden Corral, Outback Steakhouse, Logan's Roadhouse, Carrabba's Italian Grill, California Pizza Kitchen, Anthony's Coal Fired Pizza, Starbucks, Dunkin', Krispy Kreme, Wendy's, and White Castle. These offers typically require a valid military ID and are available for dine-in customers only.

via Eat This, Not That|

#deals #food-and-dining #free-food

health2 years ago•8 min saved

"Discover the Top 14 Healthiest Breakfasts at Popular Restaurant Chains"

Here are some of the healthiest breakfast options to order at major restaurant chains: First Watch's Power Wrap with veggies, lean turkey, and egg whites; Denny's Loaded Veggie Omelet with spinach, mushrooms, bell peppers, onions, tomatoes, and Swiss cheese; IHOP's plant-based meal with scrambled egg whites, fruit, and multigrain toast; Starbucks' Spinach, Feta, and Egg White Wrap for a low-sugar, high-protein option; Tim Hortons' avocado toast for a nutrient-rich choice; Another Broken Egg's Skinny Shrimp Benny with shrimp, mushrooms, and peppers; Marie Callender's oatmeal with raisins and a side of turkey sausage; Dunkin's Wake-Up Wrap with turkey sausage for portion control; Chick-fil-A's Greek Yogurt Parfait with granola for probiotics; Panera Bread's Avocado, Egg White, Spinach, and Cheese on Sprouted Grain Bagel Flat; and Waffle House's "Egg Breakfast" with tomatoes and wheat toast as healthier alternatives.

via Eat This, Not That|

#balanced-meals #breakfast #health