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The restaurant chain will overhaul its menu, redesign stores, and invest in more digital tech as the brand seeks to ‘gain relevance again’
Nate Hybl, founder/CEO of gusto, called employee investments ‘sneaky capitalistic’ because happier employees lead to happier customers and more revenue.
The casual-dining seafood chain is seeking to sell to its current lenders.
Plus innovation from Buddy’s bar-b-q, Corner Bakery Cafe, Gong Cha, Jamba, Krispy Kreme, Mellow Mushroom, Pincho, Salad and Go, Seven Brothers, Shuckin’ Shack, Teriyaki Experience, Tous Les Jours, Urban Plates, Velvet Taco, and Wing Snob.
Consumer perception of value has not changed as much as we think it has; people have shallower pockets but still want to eat at their favorite restaurants.
Investment is franchise portfolio’s third international investment since 2023.
About 53% of consumers in households below $50,000 said they would like to dine out more frequently, but many brands have lost traffic among those consumers as menu prices remain high.
To support the Grandma McFlurry launch, McDonald’s is donating to a national organization that supports older adults experiencing isolation and loneliness.
The Wall Street Journal reported that a $5 meal will launch for four weeks this summer. The company only shared ‘how much it means to our customers’ to offer meaningful value.
At an education session at the National Restaurant Association Show, panelists discussed the challenges behind the AI and robotics revolution.
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