In a 10-Q SEC filing, the restaurant company acknowledged ‘significant adverse developments with respect to the business and liquidity’
Fund previously exacted changes at Shake Shack and Del Frisco’s Restaurant Group
The agreement comes shortly after the company settled a lawsuit with a shareholder and announced it is undergoing a ‘strategic review process’
Should operators build their tech stacks or partner with tech vendors, how can they keep their data safe, and more questions answered at FSTEC 2024
Niccol will also be earning an annual salary of $1.6 million, with the possibility of up to $7.2 million in cash, and possible annual equity awards of $23 million
Shake Shack customers in Los Angeles who order through Uber Eats may have their burgers delivered by a robot
Fast-casual sandwich restaurant addresses uneasiness among consumers
Traffic was up both for dinner dayparts and on the weekends in Q2 as Sweetgreen’s revenues hit double digits
Shambura previously served as CMO of Papa Johns, MOD Pizza, and more
Same-store sales rose 2% as guest satisfaction improves