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per share for the online ordering and payment company just four years after Olo went public. per share for the online ordering and payment company just four years after Olo went public. per share in cash, a 65% premium on the company’s share price as of April 30, before media reports suggested the company was for sale.
The forecast factors in ongoing macroeconomic uncertainty as well as the fact that the company will be lapping a strong performance a year from now. And he said the effort is important far beyond the company. But they are keeping a rather conservative outlook for the next 12 months. 31 after 33 years with Darden.
“We’re thrilled to collaborate with Dylan, who is the perfect partner for us because she also combines a bunch of amazing things – she’s a talented and successful artist, basketball star, entrepreneur, activist, fashionista, and social media influencer. JA: Social media is huge for us.
Companies like Miso Robotics, Lab2Fab, and Hyper Robotics are making adoption easier with scalable, plug-and-play models designed for restaurant environments ( Middleby, 2024 ). However, there are hurdles to navigate. Goliath Consulting Group is a restaurant consultancy group based in Atlanta, Georgia. Naviarobotics.com , 2025.
His company, Magic Johnson Enterprises, has owned numerous Burger King and Starbucks franchises, and he played a key role in bringing high-end dining options to underserved communities. Shaqs hands-on involvement in branding and expansion has made Big Chicken a rising player in the competitive fast-casual market.
A 2025 report by ConAgra , a North American packaged food company, states that consumers’are increasingly drawn to foods that promote gut health, viewing a healthy digestive system as essential for overall wellness. Since Ozempic slows gastric emptying, some users experience bloating or discomfort when consuming large meals.
Premium Financing So much for the consolidation trend The Bottom Line: Companies operating more than one restaurant chain are more likely to be selling than they are buying right now.
Acqui-hire “To acquire a company in order to use its employees skills or knowledge, rather than for its products or services.” But restaurant delivery companies are coming awfully close. Add these six terms to your vocabulary. Super app “A mobile or web application that combines multiple services into one platform.”
The Atlanta-based company is hoping that more modern food and restaurants will help its brands break through with younger consumers. When we spoke to younger customers, we found that Perkins is just not as relevant,” said Ascent CEO James O’Reilly, who joined the company in 2023. The problem, in part, has been a generational divide.
And it turned out to be Justin Wetherill, the founder of the uBreakiFix tech repair chain, who had built that company to more than 500 units before selling it in 2019. We just weren’t ready.” But eventually they met with the mystery man. Wetherill was looking for another opportunity. And he loved bagels. They struck a deal.
Tamarind Takes the Spotlight Tamarind, named the flavor of the year by McCormick & Company, is poised to become a star ingredient in 2025. Known for its distinctive sweet-and-sour profile, tamarind is expanding beyond its traditional use in Asian and Latin American cuisines.
All are company owned and there are no plans to franchise. Premium Technology DoorDash wants to be everywhere Tech Check: The delivery company is gobbling up more of the restaurant tech ecosystem. But Tampa-based Greenlane is among a growing number of fast-casual concepts making freshly prepared salads a drive-thru option.
Copeland, who served previously as senior vice president, business services domain lead at global energy company World Kinect, is tasked with managing the strategic execution of Panera’s three-year growth plan, driving “business model clarity” that the company said will be instrumental as the brand transforms. Nikka Copeland.
That outsider has now left, leaving the company with more uncertainty. deals this week as fast-food pizza chains work to reverse stubbornly weak sales.
He’s always been a tough-but-fair kind of guy, and his response — without even making eye contact with me — was short, direct, and impactful. New me, same us Now, every year that I return home with my family for the holiday, I’m designated the oyster sourcing chairman. See, I keep telling you to slow down.
That outsider has now left, leaving the company with more uncertainty. Zero-waste, high-fiber snack bars Exclusive Content Premium Financing Wendys faces more upheaval that it doesnt deserve The Bottom Line: The fast-food chain early last year decided to replace a successful CEO with a restaurant industry outsider.
This partnership shows how a brand can boost its reach by aligning with a company that shares similar values and has an engaged following. How to Know If Its the Right Fit Ask yourself: Does our audience overlap? Will this add value or just noise? Can we both promote it well?
In the US alone, the consumption of specialty coffee has increased by 18% between 2020 and 2025 , indicating the rising interest in quality, traceable coffee. The company will exhibit at WoC Geneva at booth no. The transition to using larger roasters has its challenges. 2264 from 26 to 28 June.
Customers were chosen at random and contacted via email between April 2024 and March 2025. According to respondents, one of the more emerging examples is the use of voice AI in drive-thrus to automate the order-taking process. Shopping Behaviors Are Shifting A new GS1 US consumer survey found that 33 percent of U.S.
CapitalSpring is the owner of restaurant companies including Newk’s and Beef O’Brady’s. The firm has taken a 5.2% stake in the chain as an activist investor and has entered into a confidentiality agreement with El Pollo Loco. Have you heard of zebra striping ?
Companies like Seedlip and Ritual Zero Proof are leading the charge, creating premium alternatives that appeal to the sophisticated palates of Gen Z consumers. The market for alcohol-free products has expanded rapidly. NielsenIQ reports that sales of non-alcoholic beverages, including beers, wines, and spirits, have surged in recent years.
In fact, companies that blog receive 55% more website visitors than those that don’t. Offer small incentives, such as a chance to win a gift card or a free dessert, for those who tag your restaurant or use a designated hashtag. Blogging is an effective way to market your restaurant. will prompt customers to participate.
Premium Technology DoorDash wants to be everywhere Tech Check: The delivery company is gobbling up more of the restaurant tech ecosystem. Salad is rising as the next drive-thru concept The fast-casual Greenlane is plotting growth across Florida with investor and NFL star Rob Gronkowski working the drive-thru window.
Premium Financing So much for the consolidation trend The Bottom Line: Companies operating more than one restaurant chain are more likely to be selling than they are buying right now.
In early February 2025, arabica futures surged to US $4.41/lb, lb, their highest-ever levels , and have remained above US $3.50/lb This helps us plan ahead and not have to buy spot coffees that suddenly become more expensive because they’re more closely related to the C market. lb in the weeks since.
And then the company reported its first negative same-store sales quarter in five years. The company’s stock is down 14% over the past year and more than 9% so far in 2025. By Jonathan Maze on Jun. 24, 2025 Facebook Twitter LinkedIn The flexibility of the menu remains a key strength for Chipotle. Photo: Shutterstock.
Instead of bringing in a red pizza sauce, we used our house-made roja sauce as the base and tried several different hot sauces to spice it up.” By Patricia Cobe on Jul. 16, 2025 Facebook Twitter LinkedIn Lime Fresh Mexican Grill launched two limited-time pizzas at the beginning of July.
Educate Diners About Direct Ordering Most diners have no idea that third-party companies take a big bite of profits every time they order takeoutto them, it feels the same as ordering directly from your restaurant. Use engaging visuals, behind-the-scenes videos, or customer testimonials to make it personal.
The New Jersey-based fast-casual chain has been acquired by private-equity firm Thompson Street Capital Partners, the company announced Wednesday. The company has built a strong foundation, and our team is eager to help accelerate growth while maintaining the culture and values that have made Bubbakoo’s a success,” St. Geme added.
The company plans to expand into more markets and expects to have thousands of bots on the ground by the end of the year, which it says will give it the largest autonomous vehicle fleet in the world. The company integrates with DoorDash and Uber Eats, and restaurants can opt in to having Coco bots deliver orders placed through those apps.
Listening to customer feedback and resolving issues on the floor helps us adapt in real-time. Our team is the face of the brand; they are the first point of contact customers have with us,” says Sameer Godara , the co-founder of Half Light Coffee Roasters in Jaipur, India. “We
Private-equity firms will often stack boards with current and former chain executives, along with their own principals, to provide expertise to emerging companies. He has been CEO of Fogo since 2019 and had been company president since 2013. These and other questions abound as companies start reporting earnings.
Hart joins food-and-games investment company Emerging The Chicago-based company is behind Puttshack, F1 Arcade, Flight Club and the upcoming Poolhouse. Hart, the former CEO of Red Robin, has joined the firm Emerging as managing partner, the company said Tuesday. Continue to Site >>> Menu Former Red Robin CEO G.J.
SpotOn worked with Penta to conduct a nationwide survey of 200 independent and chain restaurant operators to better understand the state of financial literacy among US operators in major markets including including Seattle, San Francisco, Los Angeles, Dallas, St. Media Contact: Megan Palmer MPalmer@spoton.com 410-262-7349
CoastAL Orange Beach (Pensacola, Florida): Pensacola area bar named one of the best bars in the US by USA Today for its live music, loyal patrons, cold Bushwackers, and fresh seafood. With exciting developments on the horizon, the company is poised for even greater success in 2025. For more information, visit www.spoton.com.
Restaurants less so Premium OPINION Financing So much for the consolidation trend The Bottom Line: Companies operating more than one restaurant chain are more likely to be selling than they are buying right now. JAB Holding kept buying coffee-focused brands and then used those brands to buy other brands. By Jonathan Maze on Jun.
Both the SevenRooms and Symbiosys purchases are part of DoorDash’s transformation from a delivery company into an all-around technology supplier for restaurants. By Timothy Inklebarger and Joe Guszkowski on Jun. 13, 2025 Facebook Twitter LinkedIn It was one of three DoorDash acquisitions announced this year. The pending deal for U.K.-based
New to 7-Eleven’s roller grill offerings are a Spicy Hot Link Sausage, which the company calls “a slow-smoked, paprika-packed sausage that delivers a flavorful kick with just the right amount of spice.” The c-store chain is also selling any variety of Red Bull for three for $8, for a limited time. With more than 13,000 stores in the U.S.
Powered by an integration with Otter , thousands of restaurants will eliminate the chaos of managing online orders separately, and will allow them to use their time delivering great guest experiences and growing their businesses. New and existing customers can learn more at lavu.com or contact Lavu Customer Success.
I was impressed that hed nabbed us a table Zuni had recently been named Outstanding Restaurant by the James Beard Foundation. We ordered a bunch of starters to keep us busy while we waited the hour for our chicken to be blasted in Zunis famed wood-fire oven. Over aperitifs at the crowded zinc bar, I decided that I liked the guy.
The company is consolidating those functions to improve efficiency and collaboration. Dawn Hooper , a longtime veteran of Jack in the Box, was named CFO of the burger chain after 25 years with the company. She will now oversee human resources, culture, legal, risk safety and security, internal audit, and facilities.
Corey Rapp, Karl Strauss Brewing Company Corey Rapp is the new executive chef for the Karl Strauss Brewing Company, based in San Diego, which operates nine Southern California brewpubs. And he said the effort is important far beyond the company. By Restaurant Business Staff on Jun.
The lockdown encouraged us to be smarter about using our resources, to save both money and planet earth. We’ve found ways to use less plastic and recycle more. For us, it's all about menu optionality and community connection. For us, it's all about menu optionality and community connection.
According to the company, 54% of Americans research a restaurant before booking and spend an average of 21 minutes doing so. These and other questions abound as companies start reporting earnings. It is powered by software from Perplexity and OpenAI, the maker of ChatGPT. Can McDonald’s and Starbucks turn it around?
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