Benihana to open in Addison Walk, Texas, continue strategic expansion
New restaurant will span 10,000 square feet, feature sushi bar Benihana secured a lease for a new Japanese teppanyaki and sushi restaurant at Addison Walk in Addison, Texas. After the […]
Zenreach data shows tremendous foot-traffic increase at restaurants year-to-date
Marketing firm also identifies top markets based on percentage increase According to data from marketing firm Zenreach, foot traffic at restaurants has increased 57% since the beginning of the year […]
Recovery in US restaurant industry hinges on daypart strength: NPD
Evening snacks only daypart trending positive to last year While restaurant business is improving across the United States, at one point down 35% in visits to prior year during the […]
First Watch moves to new HQ in University Town Center, Bradenton, Florida
Multi-functional workspace welcomed 100 First Watch team members First Watch has moved its headquarters to the University Town Center in Bradenton, Fla. The 39,000-square foot building will replace locations in […]
Bonchon turns to fast-casual service style to continue expansion with franchisees
Investments in technology, pivot to fast casual pay off handsomely During the pandemic, casual-dining chain Bonchon pivoted to fast casual and embraced technology to deliver comparable sales of 15.3% year-to-date […]
SPB Hospitality, parent of Gordon Biersch Brewery, Logan’s Roadhouse, acquires J. Alexander’s Holdings
$200M purchase comes after J. Alexander’s strategic review, start of sales recovery SPB Hospitality LLC, the parent of Gordon Biersch Brewery and Logan’s Roadhouse, has acquired J. Alexander’s Holdings, parent […]
Panera Bread sells Au Bon Pain to Ampex Brands
Franchisee of Yum Brands to rebuild Au Bon Pain after expected operational turnaround Ampex Brands has acquired Au Bon Pain from Panera Bread, a subsidiary of JAB Holding. The deal […]
Popeyes brokers master development deal to enter India, Bangladesh, Nepal, Bhutan
Franchise agreement with Jubilant Foodworks brings chicken QSR chain to four Southeast Asian countries Popeyes brokered a deal to bring the chicken QSR brand to India, Bangladesh, Nepal and Bhutan, […]
Yum Brands acquires Tictuk Technologies in all-cash transaction
Second technology acquisition in March to propel omnichannel ordering, engagement Yum Brands has acquired Tictuk Technologies, an omnichannel ordering and marketing platform company in Israel, in an all-cash deal. The […]
Chipotle opens store in Surrey, BC, speeds up Canadian expansion
Store count in Canada to increase by 35% over next 12 months Chipotle will ramp up expansion in Canada as it readies opening a new restaurant in Surrey, British Columbia. […]
Parent of Saladworks acquires Garbanzo Mediterranean, Frutta Bowl chains out of bankruptcy
Centre Lane Partners forms WOWorks to hold all three chains Centre Lane Partners, the parent of Saladworks, has acquired the Garbanzo Mediterranean Fresh and Frutta Bowls fast-casual chains out of […]
