business
Bonchon US arm acquired by private equity firm
Bonchon's US arm acquired by private equity to expand in North America, marking a major restaurant sector deal.
Dual-Brand Strategy Helps Dine Avoid Restaurant Closures
Dual brand strategy helps Dine Brands keep restaurants open by pairing Applebee’s with IHOP, preventing closures across 45 U.S. sites.
Cava Thrives in Fast Casual With Lean Marketing
Cava fast casual thrives with lean marketing, delivering a 9% sales rise and 5.3% traffic boost in Q2 2026, proving steady growth…
Moe’s Owner Files for Bankruptcy Protection
Moe's Southwest Grill franchisee files for Chapter 11 bankruptcy due to inflation and shifting consumer habits. Learn how rising costs impacted 38…
Restaurants turn to artificial intelligence solutions
Restaurants turn to artificial intelligence solutions to improve decision making with limited time and data.
Portillo’s lays off nearly a fifth of corporate staff
Portillo’s cuts 18% of corporate staff to streamline operations and refocus on growth amid sales decline. Learn how this strategy impacts business.
Sweetgreen Says Turnaround Working Despite Soft Sales
Sweetgreen turnaround efforts appear effective as the salad chain reports improving sales trends despite a continued decline in same-store quarterly revenue.
Wendy’s CEO moves with urgency to revamp brand
Wendy's turnaround plan aims to halt sales decline and revitalize traffic with aggressive leadership moves, promising a fresh growth trajectory for the…
Salad Go Files Chapter 11 Shuts 70 Stores
Salad Go bankruptcy forces the fast‑casual chain to shut 70 restaurants, ending a decade‑long presence and highlighting financial strain on the business.
Bain Capital acquires Gong Cha bubble tea chain
Bain Capital's bubble tea acquisition of Gong Cha adds 2,200 stores worldwide, including 240 U.S. locations, expanding the global brand before year‑end.