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 […]
Aurify completes purchase of Maison Kayser, expands Le Pain Quotidien across New York market
The Little Beet owner begins converting Maison Kayser locations Aurify Brands, the owner of The Little Beet, completed its purchase of Maison Kayser through a Chapter 11 bankruptcy proceeding, and […]
Restaurant industry sales rise in February for second straight month: Black Box
Warm weather benefits restaurants ahead of U.S. Coronavirus outbreak Comparable U.S. restaurant sales in February were once again positive, according to Black Box Intelligence. Comparable sales increased 0.3 percent. This […]
Restaurants should expect moderate growth on economic optimism, off-premises: report
2020 State of Restaurant Industry report reviews outlook, pathways to growth The National Restaurant Association published its 2020 State of the Restaurant Industry Report, which has forecasted sales in the […]
Warm weather heats up January restaurant sales: Black Box
Restaurants posted a 2.3-percent comparable sales increase There’s a bright spot in January 2020 restaurant industry sales, but according to Black Box Intelligence, it may be short-lived. Although Black Box […]
Technology to drive big changes in restaurant industry in next decade
Driverless cars to impact the drive-thru, takeout experience Automation will be a key part of what the future holds for restaurants in 2030. Everything from payroll to inventory management will […]
Bon Chon aims to grow at accelerated rate after 100th opening
Korean fried chicken + fusion chain to expand to 1,000 units globally The latest Bonchon opening in Pleasanton, Calif. marked the 100th restaurant for the Korean fried chicken and fusion […]
Qdoba up for sale, according to report
Fast-casual chain could fetch up to $550M According to Bloomberg, Apollo Global Management has put Qdoba up for sale. A few days ago, Qdoba Chief Executive Keith Guilbault notified franchisees, […]
Black Box October restaurant sales positive
Increase of 0.1 percent marks second month of positive comp sales Black Box October restaurant sales are slightly positive, reported TDn2K. According to its sales measurement intelligence data, TDn2K announced […]
