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A panel of restaurant operators discussed tactics like testing different cuts of meat at different price points, lowering prices on high margin items, and promoting combos to navigate the current environment.
The big tech news comes on the heels of a quarter of massive growth for the restaurant brand including 10% same-store sales and positive traffic trends
Dine Brands CEO John Peyton said more consumers are trading down for lower-priced items, but he remains confident in the restaurant brands’ promotional strategy.
During the first quarter of 2024, FAT Brands continued its journey toward profitability and revenue growth through continued acquisition and physical expansion. The company reported skyrocketing revenues of 43.8%, primarily attributable to the...