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Category: Restaurant Strategy

DFRG explores possible sale after acquiring Barteca
Cava Finalizes Zoes Acquisition: Eatery Pulse

Maryland entrepreneurs enter next Cava chapter with Zoes acquisition finalized

Cava has completed the acquisition of Zoe's Kitchen, according to an announcement from Cava November 21. Zoe’s shareholders received $12.75 per share in the all-cash transaction. Panera Founder Ron Shaich had backed the deal, which was funded by his Act II Holdings investment... SWaN & Legend Venture Partners and Revolution Growth.

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.

How restaurants can improve the third-party restaurant-delivery experience

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...

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).

Parent of STK Restaurants hires new executives

The One Group Hospitality hires two senior executives, taps Celeste Fierro for VP of Special Events role

The One Group Hospitality, Inc. has transitioned Celeste Fierro to the new vice president of Special Events position as it leverages her special event expertise and hires two new executives. The One Group oversees the STK restaurant chain, a hip, high-energy steakhouse concept. The new executives joining The One Group are Connie Collins, named vice president of Operations and Global Training, and Tyler Loy, who has joined the team in a newly-created position, taking on the vice president of Strategy and Measurement role.

Restaurant marketing to Gen Z: Eatery Pulse Streem

Restaurant marketers seek to understand Gen Z: Best practices

Embracing and understanding this next generation of consumer, Gen Z, is important to restaurateurs and restaurant companies across the United States. After all, this is the generation that spends the most of their hard-earned dollars on food prepared outside the home. According to a Piper Jaffray… 24 percent of Gen Z spending is on food. This is the generation that is seeing its maturation occur in a rapidly changing world.