Sweetgreen Grabs 200M in Funding: Eatery Pulse

Sweetgreen receives $200M in new funding led by Fidelity Investments

Sweetgreen, a health-oriented fast-casual chain, serving creative salads and bowls built around proteins, grains and vegetables, has raised $200M in its latest raise, following a $35M raise just three years ago. This new round was led by Fidelity Investments. Sweetgreen plans to use the investment to further advance its digital platform, it announced... allow the 90-unit chain to advance its supply chain platform through the use of blockchain.

Restaurant C-Suite Magazine

Bojangles accepts buyout offer from Durational Capital, The Jordan Company

Charlotte, N.C.-based Bojangles’ announced that it would be acquired by Durational Capital Management and The Jordan Company for $16.10 per share or about $594M... The buyout offer represents a 39-percent premium over the closing share price February 12, 2018, when there was initial speculation of a potential transaction, said the 766-unit chicken and biscuit chain.... a Bojangles’ sale culminated in a report by Reuters September 28 that the company was seeking strategic alternatives.

Building Safe, Inclusive Cultures in #MeToo Era: Eatery Pulse

Building training programs that foster inclusion, safety in the MeToo era

Creating a comfortable, professional, and respectful workplace is vital to fostering an environment that promotes productivity and idea generation in any industry. Today, particularly with the rise of the #MeToo Movement, employers and companies must consider the way in which an employee may feel threatened, anxious, or disrespected. Everyone with a leadership position should be well-equipped to deal with the challenges that come with running a multifaceted and diverse business.... Creating interactive and tailored training sessions that follow the Equal Employment Opportunity Commission guidelines...

Orange Leaf Veterans Day: Eatery Pulse Streem

Restaurant chains offer up free food on Veterans Day to active, retired military

Restaurant chains are showing goodwill as they look to attract veterans and their families the 2018 Veterans Day weekend. Orange Leaf Yogurt is providing free frozen yogurt to active and retired military at participating stores. The nearly-200-unit chain is providing a coupon online for this offer on its website. At Ruby Tuesday, all military personnel will enjoy a free appetizer... military personnel will receive a free entree at California Pizza Kitchen from a special Veterans Day menu November 11.

PARTY By Taco Bell Eatery Pulse Streem

Taco Bell introduces PARTY by Taco Bell group dining, party kits

Taco Bell has introduced its own group dining program at select restaurants, “PARTY by Taco Bell.” This program, which runs through December 22, seamingly as a test, will allow patrons to reserve tables that include a Taco Bell Party Decor Kit for up to 10 guests to celebrate special occasions.... Where are the PARTY by Taco Bell participating locations?

IHOP Adds Innovative Packaging: Eatery Pulse Streem

How restaurants can improve the 3rd party restaurant delivery experience

Consumers are enjoying restaurant food in the comfort of their own homes and their places of work. Restaurant chains have focused on delivery and takeout as a way to capture the upside of this trend. According to Melissa Wilson of restaurant consulting firm, Technomic, appearing in April at the Restaurant Leadership Conference in Phoenix, restaurant delivery is expected to grow by 12 percent. ..In fact, several high-profile announcements during the summer have highlighted the importance of delivery to restaurant chains. Chipotle, Naf Naf Grill, California Pizza Kitchen, Shake Shack, and Applebee’s...

IHOP Adds Innovative Packaging: Eatery Pulse Streem

Protecting a restaurant brand while engaging 3rd party delivery-service providers

Consumers are enjoying restaurant food in the comfort of their own homes and their places of work. Restaurant chains have focused on delivery and takeout as a way to capture the upside of this trend. According to Melissa Wilson of restaurant consulting firm, Technomic, appearing in April at the Restaurant Leadership Conference in Phoenix, restaurant delivery is expected to grow by 12 percent. ..In fact, several high-profile announcements during the summer have highlighted the importance of delivery to restaurant chains. Chipotle, Naf Naf Grill, California Pizza Kitchen, Shake Shack, and Applebee’s...

Outback Steakhouse: Eatery Pulse Streem

Delivery, offsite business, CRM deployment drive sales momentum for Bloomin’ Brands, Outback in Q3

More than 25 percent of sales for the combined chains of Bloomin’ Brands—Outback Steakhouse, Bonefish Grill, Carrabba’s Italian Grill and Fleming’s Prime Steakhouse and Wine Bar—in the very near future, said Elizabeth Smith, CEO for Bloomin’ Brands on a Q3 investor conference call September 29. The company benefited from having added 240 locations across the system thus far, and Bloomin’ Brands expects to add another 200 units by the end of this year... about 70 to 80 percent of Carrabba’s and Outback stores are “eligible” to be delivery restaurants (urban/suburban vs. rural).

Qdoba Restaurant News: Eatery Pulse

Qdoba adds Pulled Pork and Queso Burrito to U.S., Canadian stores

Qdoba has introduced a Pulled Pork and Queso Burrito. The 750-unit fast-casual says its pulled pork is the leanest protein on the menu. Inside the burrito, guests will find the pulled pork, slow braised with a seasoning blend infusing it with tomatoes, onion, garlic and mild chile flavors, nestled in a warm flour tortilla with a cilantro-lime white rice and seasoned with black beans, cilantro, and topped with pico de gallo, shredded cheese and Qdoba’s 3-Cheese Queso.

Corner Bakery Fall Menu 2018 Restaurant C-Suite: Eatery Pulse

Restaurant chains show off fall flavors

Keeping in par with those traditions, several restaurants are celebrating the season with news dishes that take these humble ingredients and add culinary expertise to it. Firebirds Wood Fired Grill takes bold American cuisine and adds a contemporary touch. Its fall menu features all its previous fall favorites. Its dishes showcase crispy brussel sprouts, wood-grilled cauliflower, sprinkles of pumpkin seed, and a dash of spice, rubbed into the meat for an added kick.... Corner Bakery is using fresh ingredients to create an autumnal breakfast menu. “We are excited to introduce our guests to Corner Bakery’s new harvest creations.

Sonic Drive-In: Eatery Pulse Streem

Sonic Corp. reports improved sales for its final fiscal 2018 quarter

Sonic Corp. announced its financial results for the fourth fiscal quarter of 2018 (Q4). Sonic agreed to a merger agreement in which it will be acquired by Inspire Brands, a wholly-owned subsidiary of Roark Capital as of September 2018. Comparable sales across the system of Sonic drive-ins increased... or its fiscal 2018 year, Sonic reported that comparable sales have decreased 0.3 percent, comprising a 0.3-percent decline at franchised drive-ins and a 0.8-percent decrease at company-owned stores.