Rubio’s sold to its lender, The Original Fish Taco, affiliate of TREW Capital Management, for $40 million

Aug 01, 2024

TREW Capital had acquired Rubio’s debt, reportedly over $72 million, in March, two months before the California-based brand declared bankruptcy

Starbucks confirms activist investor Elliott Management’s involvement with the chain

Aug 01, 2024

Starbucks CEO Laxman Narasimhan says Elliott is a shareholder and that ‘their conversations to date have been constructive’

Cheesecake leans into rewards program in promotional environment

Aug 01, 2024

Casual-dining company taps its year-old platform to communicate with customers

Shake Shack moves to improve throughput

Aug 01, 2024

New CEO Rob Lynch lays out his priorities for the restaurant chain

Why Todd Penegor came out of retirement to lead Papa Johns

Aug 01, 2024

The former Wendy’s CEO has embarked upon an ‘aggressive 100-day plan to get fully immersed’ and learn what the pizza chain’s priorities should be

Unprecedented sales at Wingstop, traffic declines at Starbucks, acquisitions for SPB Hospitality

Aug 01, 2024

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Papa Johns names former Wendy’s CEO Todd Penegor as its new CEO

Aug 01, 2024

Penegor’s appointment comes about five months after his predecessor Rob Lynch left for the same role at Shake Shack

Aug 01, 2024

This week on Nation's Restaurant News the top story was Red Lobster to be purchased by an affiliate of SPB owner Fortress Investment Group. Red Lobster will almost certainly be bought out of bankruptcy by its creditors, led by Fortress...

Wingstop ups target AUV to $3M after 28.7% same-store sales bump in Q2

Jul 31, 2024

Chicken chain passes $2M goal in average unit volume 2 years after making pledge

In addition to value, McDonald’s is betting on a bigger burger to win back customers

Jul 31, 2024

The chain’s ‘Big Arch’ burger is currently in test in three international markets and could be scaled globally to meet consumer demand