Yelp: Guests' Concern with Inflation Reaches Record High
A new study shows consumers' concern with inflation is the highest on record, according to Yelp's Economic Average.
Finance
Plant-Based Company Black Sheep Foods Announces $5.25 Million Investment
Black Sheep Foods, the innovative plant-based company which launched the first plant-based lamb this fall, has announced a seed investment of $5.25 million from a group of investors: AgFunder; Bess ...
Angry Crab Shack Boosts AUVs by 33 Percent
Angry Crab Shack, a full-service franchise restaurant specializing in seafood and boils with bold Asian-Cajun flavors, is on pace to double its system-wide footprint in 2022 after closing out 2021 ...
World of Beer Finds Strength in Diverse Offerings
Paul Avery joined World of Beer as CEO in 2013, and back then, the chain was completely franchised, with a couple of cheap wines, craft beer, and no food program or spirits lineup.
Tech Solution Deliverect Reaches $1.4 Billion Valuation
Deliverect, a global scale-up that simplifies online ordering for more than 20,000 locations across 40 markets, announced Tuesday it secured more than $150 million (€130 million) in Series D fundin ...
Cooper's Hawk Looks into Potential IPO
Cooper's Hawk Winery & Restaurants is reportedly planning to go public this year, according to
Kura Sushi Sidesteps Growth Obstacles with Automation
In a cuisine category that’s proven difficult for brands looking to scale, Kura Sushi CEO Jimmy Uba said automation is what separates his brand.
Denny's Fuels Growth with Innovative Development Initiatives
Denny's turns 69 this year, but the family-dining chain is as innovative as ever, with eyes on new growth opportunities.
Danny Meyer's Enlightened Hospitality Investments Raises $332 Million
Danny Meyer's Enlightened Hospitality Investments closed its second investment fund with $332 million raised, well above its $300 million expectation.
TGI Fridays Develops To-Go Focused 'Fridays on the Fly' Concept
COVID’s acceleration of off-premises has pushed several casual-dining brands to rethink development strategies, namely a shift into the quick-service segment.
