Nation’s Restaurant News Intelligence has published its second annual Technology Market Leader Report. Hear from 550+ restaurant operators on what’s driving their technology investments.
SEATTLE In a continuation of this year’s “transformation agenda,” Starbucks Corp. on Tuesday announced plans to eliminate another 1,000 positions, as well as a realignment of the executive team. Among the top-level changes is the departure...
New government economic data pointing to additional erosion in consumers’ discretionary spending and more inflation in operating costs could prompt further fine-tuning of menu strategies and commodity outlooks by restaurant operators.While many...
Jeff Levine founded Margate, Fla.-based Salad Creations in 2003. The 50-unit franchise company is a “create your own salad” fast-casual concept and also offers more than 10 featured salads and a variety of daily soup specials and...
HUNTINGTON BEACH Calif. Blaming the economy and higher costs, BJ's Restaurants Inc. on Thursday reported a 12-percent drop in net profit for the second quarter ended July 1 to $2.9 million, or 11 cents a share, though revenues rose 16 percent to ...
CALABASAS HILLS Calif. After reporting a 19-percent drop in second-quarter profit and warning of further declines in same-store sales for its two main brands, The Cheesecake Factory Inc. said Thursday that it would try to shake the downturn in...
DENVER New stores, increased customer traffic and higher menu prices helped propel a 22.5-percent surge in Chipotle Mexican Grill Inc.'s second quarter profit, company officials said Wednesday. For the quarter ended June 30, Chipotle...
EMERYVILLE Calif. Jamba Inc. blamed tightened consumer spending for a drop in second quarter same-store sales at its Jamba Juice chain. Systemwide same-store sales fell 6.8 percent, which reflected decreases of 7.3 percent at company stores...
SCOTTSDALE Ariz. P.F. Chang’s China Bistro Inc. reported today a second-quarter profit increase of 1.3 percent despite lower-than-expected revenue gains and negative same-store sales at both the P.F. Chang’s China Bistro and Pei Wei Asian Diner...
OAK BROOK Ill. McDonald’s Dollar Menu will look different a year from now because of volatility in commodity costs, executives of brand parent McDonald’s Corp. told financial analysts during the company’s quarterly conference call Wednesday. They...
ST. LOUIS Panera Bread Co. credited cost cuts and an increase in menu prices for a 24-percent jump in net income for the second quarter ended June 24. Revenues rose 27 percent, reflecting same-store sales gains of 6.5 percent for company units and...