It was another unprecedented quarter for Wingstop, which reported domestic same-store sales up nearly 29% for the second quarter.
Starbucks’ traffic continued to decline last quarter. The coffee shop giant’s U.S. same-store sales declined 2% in the company’s fiscal third quarter, with transaction count down 6%.
Speaking of Starbucks, the company wants more locations in smaller cities. The chain plans to speed the pace of unit growth this year largely by focusing more on tier 2 and tier 3 cities with population growth.
The owner of Logan’s Roadhouse acquired a pair of concepts created by celebrity chef Jose Garces. SPB Hospitality is the new owner of Amada Tapas y Vino and Village Whiskey.
The Supreme Court of Michigan has cleared the way for eliminating the state’s tip credit by 2029 and raising the minimum wage for all workers to $15 an hour by 2028.
Denny’s Corp. in a few weeks will officially relaunch its $2-$4-$6-$8 value menu, with an added $10 category, to help drive traffic at the family-dining chain.
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