finance
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.
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.
Starbucks sales rise after store upgrades
Starbucks sales surge 7.9% after store upgrades and service model changes, boosting full-year forecasts. Discover how improvements drive growth.
Wingstop sales drop for fifth straight quarter
Wingstop sales have declined for the fifth consecutive quarter, signaling ongoing challenges for the chicken chain despite systemwide revenue growth.
Chipotle sales growth beats expectations
Chipotle sales growth beats expectations with a 2.2% increase in same-store sales, driven by higher average ticket size and transaction count.
Whataburger names Taco Bell executive as new CFO
Whataburger appoints Taco Bell executive Ryan Moore as new CFO to drive expansion and financial strategy beyond Texas.
Restaurant Chains Post Mixed Quarterly Results
Restaurant chains post mixed quarterly results with new leadership and strategic direction changes ahead for companies like Cracker Barrel.
Gas prices rise above $4 per gallon
Gas prices rise above $4 per gallon, reaching $4.09. Learn how rising fuel costs impact the restaurant industry and what it means…
Noodles & Company lifts outlook after strong quarter
Noodles & Company boosts its annual outlook after a strong quarter with 10.3% same-store sales growth and higher traffic.