The 12% reduction compares with layoffs of 1.7% for limited-service places, according to federal data.
The chicken sandwich chain will serve chicken that hasn’t been treated with human antibiotics, saying it was necessary to maintain supplies for the company's restaurants.
The Bottom Line: Growth that came so easy to pizza delivery chains like Domino’s, Pizza Hut and Papa Johns is now much harder to come by. And now two of them are looking for new leadership.
The Bottom Line: The venerable Japanese steakhouse chain fetched a modest multiple in its sale to The One Group. But that’s where values have fallen these days.
New research shows that less than half expect a $20-an-hour pay floor to actually boost income.
Taste Tracker: Taco Bell goes all in on chicken; Culver’s gets a bacon upgrade; shrimp comes to Zaxby’s; and pastels trend at Krispy Kreme and Baskin-Robbins.
While the focus on restaurant menu price inflation has centered on premium items like the Big Mac, it’s in the smaller items, with fewer deals available, where prices have increased most.
Taste Tracker: Island flavors make waves at First Watch; Wendy’s and Rita’s get fruity; it’s all about lavender for Caribou Coffee; and more menu news of the week.
Drivers for third-party delivery apps like DoorDash and Uber Eats say their earnings have plummeted since the $26.40 hourly minimum wage went into effect.
Restaurant Rewind: Some ploys were crafty enough to make you drop your Micro Macs and Kale Shake. And about that offer to buy the Liberty Bell...
Panera cafes are open, but digital ordering systems are down, including kiosks in stores. Workers say they have been given no explanation.
Jordan Qsar, Grant Witherspoon, Chase Lambert and Austin Bernard were accused of trading stocks after learning that the Mexican restaurant chain would be sold to Jack in the Box.
The state said that the fast-casual restaurant chain of customizable macaroni and cheese bowls failed to provide proper disclosures on its franchise documents. It’s the second state to take action against the business.
Julia Zhu was born and raised in the Hangzhou region of China, south of the...
Marketing is vital for restaurant chains. But when a key strategy fails, the result can sometimes spell disaster. Here are six ideas over the past decade that failed.