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Restaurant Industry News
318 posts
Empire Steak House is coming to Delray Beach, but the former CUT 432 location presents a different challenge
Empire Steak House is preparing to enter South Florida at 432 East Atlantic Avenue, replacing the former CUT 432 restaurant and bringing its New York steakhouse model into a competitive downtown dining market.
Salad and Go is coming back after bankruptcy, but competitors bought most of its old drive-thru network
Salad and Go’s intellectual property has been acquired by a founder-linked group planning an Arizona comeback, even as competitors take control of most former locations.
KFC drops Pepsi for Coca-Cola across 3,600 U.S. restaurants as cola rivalry shifts again
KFC will replace PepsiCo beverages with Coca-Cola across roughly 3,600 U.S. restaurants from 2027, adding a high-profile win to Coca-Cola’s foodservice network.
Tortilla Mexican Grill (AIM: MEX) seeks ÂŁ2.5m financing despite 19.4% UK sales growth
Tortilla Mexican Grill has launched a discounted share placing to repay short-term borrowing and strengthen financial covenant headroom, revealing a tension between improving restaurant sales and limited balance-sheet flexibility.
DP Poland (AIM: DPP) sales rise 10.4%, but falling order volumes expose growth challenge
DP Poland has reported stronger system sales across Poland and Croatia, but declining like-for-like order volumes highlight the challenge of translating higher ticket values into sustained consumer demand.
Chubby Group lands $50m from Prysm Capital, plans acquisition of 47 GEN Korean BBQ restaurants
Prysm Capital's investment gives Chubby Group fresh capital to expand its vertically integrated Asian restaurant business, while a proposed takeover of 47 GEN Korean BBQ locations could transform its US footprint. The transaction also offers publicly traded GEN Restaurant Group a potential exit from most restaurant operations, but the deferred payment structure and $1.5 billion equity conversion valuation introduce important financial considerations.
Premier Inn is growing, so why is Whitbread exiting 197 restaurants and restructuring thousands of jobs?
Whitbread plc is pushing ahead with its hotel-focused transformation, including the proposed removal of around 3,800 roles as it exits branded restaurants, while activist investor Corvex Management seeks a board seat. The governance fight now turns a major workforce restructuring into a wider debate over whether Premier Inn's owner is moving fast enough to unlock value.
Crystal Jade has cut roughly a third of its Singapore workforce. What happens to the restaurant group now?
Crystal Jade has closed four restaurants and terminated about 120 employees in Singapore as receivers restructure the well-known Asian dining group ahead of a proposed sale, leaving nine outlets and around 210 workers operating locally.
Does AI set McDonald’s prices? A new lawsuit could force an uncomfortable answer
McDonald’s is fighting a proposed nationwide class action alleging its AI-enhanced pricing recommendations unlawfully coordinate prices across independently operated restaurants, opening a wider test of how franchise systems can use shared data without crossing antitrust boundaries.
Starbucks reportedly explored Chipotle takeover as CMG jumps 6%, but would a $50bn deal make sense?
Starbucks has reportedly explored acquiring Chipotle Mexican Grill, potentially creating the largest restaurant transaction on record. The strategic logic exists, but so do major questions around financing, integration and management distraction.