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Nation's Restaurant News
NRN Trending: Has the Papa Johns bubble of prosperity popped?
Nov 10, 2022

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NRN editors discuss restaurant earnings week plus ghost-kitchen players

Plus hear from Amir Mostafavi, CEO and founder of South Block. 

Cousins Subs and NFL legend Donald Driver announce joint partnership

The joint venture agreement will allow the restaurant chain and the Green Bay Packers player to share ownership of six locations in Wisconsin.

Parent to emerging restaurant Crisp & Green names Kelly C. Baltes CEO

Steele Brands founder and current CEO Steele Smiley to step down to an advisory role and serve as chairman of the board.

Restaurant kiosks are having a moment amid an ongoing labor shortage

Executives from Shake Shack, Yum Brands and BurgerFi have touted the benefits of kiosk deployments during their recent earnings calls.

Has the Papa Johns bubble of prosperity popped?

Papa Johns reported negative sales and revenue after 12 straight quarters of outperformance, while its competitors saw positive same-store sales growth. 

Wetzel’s Pretzels to be sold to Famous Dave's and Cold Stone Creamery parent company

MTY Food Group purchased the pretzel chain from CenterOak Partners LLC for $207 million.

The 11 restaurant chains with the best ambiance

Ten of the companies on this list are full service, showing that those segments — family dining and casual dining — are on the comeback from full pandemic shutdowns.

Cheesecake pushes new units into 2023 amid hurdles

Equipment supply chain and permitting slowed development in 2022, executives say on Q3 earnings call. 

Panera Bread is opening its first digital and to-go stores in New York

The new New York City store is one of two smaller store formats designed for urban neighborhoods that Panera will be rolling out.

The next generation of ghost kitchens is stepping out from the shadows

Ghost kitchens and virtual brands in a post-pandemic world will favor more flexible, transparent business models from industry veterans like Reef and Nextbite, to newcomers like Oomi and Meal Outpost.

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Trending this week: The next generation of ghost kitchens is stepping out from the shadows
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