Amidst industry-wide cost pressures, Darden Restaurants (DRI), the powerhouse behind Olive Garden and LongHorn Steakhouse, is leveraging its massive scale and operational discipline to defend margins and drive growth, making a compelling case for investors seeking stability in the casual dining sector.
Following the finalization of a joint venture with investment firm CPE, Burger King's parent company RBI has reaffirmed ambitious plans to more than triple its footprint in China over the next decade, backed by a $350 million investment.
From Denny's to Outback Steakhouse, a wave of closures is sweeping through America's familiar dining landscape. Experts point to a perfect storm of inflation, shifting consumer habits, and financial pressures reshaping where we eat.
Facing soaring business rates and cautious consumers, UK restaurant chains are deploying deep discounts and creative promotions to attract diners, as the sector grapples with post-pandemic recovery and a cost-of-living squeeze.
The Southern comfort food chain, still reeling from a failed rebrand and customer discontent, now requires traveling staff to eat primarily at its own locations—a move seen as an effort to bolster internal revenue.
Panera Bread is closing its Franklin, Mass., fresh dough production plant next month, eliminating 92 positions, as the company shifts to a centralized 'bakery-operating model' that will change how bread is prepared in its restaurants nationwide.
After a tumultuous period of bankruptcy and closures, TGI Fridays CEO Ray Blanchette is steering a deeply personal turnaround. Early results from holiday pop-ups and a revamped brand voice show promise, but the road to 1,000 restaurants remains steep.
Restaurant Brands International (RBI) has formed a joint venture with private equity firm CPE, ceding majority control of Burger King's China operations in a deal aimed at turbocharging growth. The partnership targets a more than tripling of restaurants to over 4,000 by 2035, leveraging local expertise and capital.
Kuwait mandates sweeping regulations on food delivery platforms, capping commissions and banning exclusivity deals after uncovering anti-competitive practices that hurt restaurants and consumers.
Amid Chapter 11 proceedings, FAT Brands and its affiliate Twin Hospitality are shuttering an additional 14 Smokey Bones BBQ restaurants nationwide. The move follows earlier closures and conversions, highlighting a strategic pivot toward the more profitable Twin Peaks sports bar concept as the parent company restructures.
MTF Enterprises, a major operator of 43 Subway restaurants across four states, has filed for Chapter 11 bankruptcy, citing unsustainable debt burdens from merchant cash advance loans. The move highlights ongoing pressures within the franchise sector.
The parent company of Fatburger, Johnny Rockets, and Twin Peaks files for bankruptcy in Texas, citing inflationary pressures and shifting consumer demand, while vowing to keep restaurants open.
As McDonald's stock hovers near $315, a closer look reveals a business less about burgers and more about a high-margin global franchise machine. With robust cash flow, aggressive expansion, and a digital ecosystem driving loyalty, analysts see a defensive compounder—if the price is right.
McDonald's is launching a high-end caviar pairing for Valentine's Day and introducing spicy menu items in Canada, signaling a dual strategy to engage customers through both luxury experiences and bold flavors.
While the fried chicken segment continues to dominate fast-food traffic, Buffalo-based Hen House Nashville Hot Chicken has filed for bankruptcy protection, highlighting the uneven fortunes within the popular sector.
Starbucks accelerates its 'Back to Starbucks' turnaround plan by removing 13 underperforming and complex drinks from its permanent menu, a move aimed at streamlining operations and reducing waste, despite risking the ire of loyal fans of discontinued items.
As inflation persists, Baby Boomers are leveraging decades of financial experience to cut costs strategically. We examine the key spending categories they avoid and the generational mindset behind their money choices.
The surge in popularity of weight-loss drugs like Ozempic and Wegovy is sending shockwaves far beyond the pharmacy, fundamentally altering consumer spending, challenging major corporations, and forcing a broad economic recalibration.
In a strategic shift to regain ground against DoorDash and Uber Eats, Grubhub announces a permanent elimination of delivery and service fees for all restaurant orders exceeding $50, a move highlighted in its new Super Bowl ad featuring George Clooney.
Despite lagging the S&P 500 over the past year, DoorDash retains overwhelming 'Strong Buy' ratings from analysts who see significant upside potential, even after a volatile post-earnings sell-off.
