Slowed spending and transaction growth combined with continued decreases in restaurants' average checks suggests consumers will continue to pull back restaurant spending if economic anxiety persists, according to card payment processor First Data...
Paul Carbone replaces Moses as chief financial officer
Restaurants must move past current negative and flat averages to rebuild and grow
Restaurant industry experts have mixed thoughts on whether the pending acquisition is the right move for Starbucks
The capital investment will aid the gourmet sandwich chain's growth
The operator of the Bob Evans and Mimi’s Café brands says value offerings and refurbishing efforts are key to sales growth
The company will also hire La Boulange founder and French baker Pascal Rigo in an attempt to expand its food platform
Michael Greenberg aims to accelerate growth for the Los Angeles-based chain