Restaurant Dive
7 Brew outbids Dutch Bros in $143M offer for 73 Salad and Go units
7 Brew has made a $143 million offer to acquire 73 Salad and Go locations in bankruptcy, outbidding Dutch Bros for the assets.
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7 Brew has made a $143 million offer to acquire 73 Salad and Go locations in bankruptcy, outbidding Dutch Bros for the assets.
Yum Brands completed the sale of Pizza Hut to private equity firm LongRange Capital and Yum China in two separate transactions valued at $2.7 billion total.
Dutch Bros declined to match 7 Brew's bid for Salad and Go locations, signaling a strategic focus on its core beverage concept rather than geographic expansion into quick-service salad.
Hungry Howie's has added a new delivery partner to its Cartwheel program.
Minor Food and Serruya Private Equity have completed their acquisition of Bonchon, the Korean fried chicken chain.
Nelson Peltz declined to acquire Wendy's, signaling investor caution in the restaurant M&A market.
Panera modified its rewards program structure, signaling an effort to deepen customer retention through revised earning mechanics.
Yum Brands has acquired Pizza King, a 1980s-era pizza chain, signaling a shift toward building a leaner, faster-growing portfolio.
SURMOUNT advised Pulse Restaurant Group on its acquisition of 50 Popeyes locations, expanding Pulse's footprint in the chicken-sandwich segment.
Fast Casual Executive Summit (Oct. 4-6 in Arlington, Texas) will explore how integrating fragmented tech systems into a unified customer view can improve returns for fast casual brands.
Restaurant technology has shifted from maximizing order capture across channels to a more strategic, efficiency-focused approach, signaling that operators are prioritizing quality and cost management
Chowbus and Maple have partnered to offer multilingual voice AI ordering technology to restaurants.
Jollibee listed on the Hong Kong stock exchange, expanding its capital-raising options as the Philippine chain pursues international growth.
Fast-casual operators from Hot Head Burritos, Smoothie King, and Kraft Heinz are sharing insights on executing brand collaborations successfully at an industry conference.
CoCo Ichibanya's stock price rose after the Japanese curry chain announced it is considering a sale.
PAR Technology has launched Guest360, a platform designed to unify guest data across restaurant transactions.
A Stamford-based equity firm has completed a $1.5 billion acquisition of a major pizza restaurant chain.
A restaurant's reservation system captures customer data from busy service nights, creating a record of guest information.
Restaurant chains are investing in their own delivery apps to reduce third-party platform fees, though adoption remains a challenge for operators.
Wendy's promoted a new CMO, Pizza Hut separated from Yum Brands, and independent restaurants have seen sales growth, according to a debate between industry analysts.
Jersey Mike's stock price reached a new low on the NYSE, though the source provides no detail on the cause or timing of the decline.
The founder of text-message ordering technology claims his platform powers over 800 restaurant brands including major chains like Shake Shack and Panda Express, signaling that SMS remains a viable ord
Haidilao is implementing Infobip's data-driven personalization tools to expand its loyalty program globally, signaling how hotpot chains are investing in customer data infrastructure to compete across
Taco Bell partnered with Olivia Rodrigo for a Baja Blast collaboration, part of broader celebrity marketing efforts across quick-service chains amid ongoing industry leadership changes.
Taco Bell partnered with Olivia Rodrigo to co-create a Baja Blast variant, signaling continued celebrity collaboration as a lever for beverage differentiation in QSR.
Restaurants are prioritizing first-party digital ordering channels as a strategic focus.
Restaurants are increasing customer technology investments despite traffic remaining 7% below pre-pandemic levels, suggesting operators see tech adoption as essential for competing in a slower-recover
Chipotle enlisted 100 creators to produce unscripted social and TV content showcasing the preparation of new menu items Pollo Asado and Chili Lime Chips, signaling a shift toward creator-led authentic
Del Taco is launching a new catering platform as part of its Project Del Sunrise expansion roadmap, beginning September 3.
Events and private dining have become important revenue streams for restaurants, but the booking process remains inefficient, according to TripleSeat's CEO.
Major activist investor exit from $5B+ takeover pursuit signals market skepticism on large-cap QSR valuation and turnaround narrative — affects sentiment for franchisees and competitors.
Celebrity co-creation of limited-time beverages drives trial and social buzz—a scalable playbook for QSR brands chasing Gen Z traffic and shareability.
A major global pizza chain has been officially sold for $2.7 billion.
Red Lobster is reducing its footprint to 540 locations following bankruptcy proceedings, signaling continued portfolio rationalization in the casual dining sector.
Nelson Peltz, Wendy's largest shareholder, has reportedly decided not to pursue taking the chain private, leaving questions about the company's strategic direction unresolved.
Chipotle placed content creators in its kitchens as part of a restaurant-focused marketing initiative.
Dave's Hot Chicken's CMO discusses the chain's approach to AI, using it for backend operations like customer data and financial analysis while excluding it from creative and content work.
Owner, a restaurant tech platform, raised $240 million to expand its AI-powered technology and marketing services.
Congressman Nadler and Representative Frost have called for an antitrust investigation into Sysco's $29.1 billion acquisition of Restaurant Depot, citing concerns that the deal could raise costs for r
Wendy's stock declined following apparent setback in takeover prospects, raising questions about the company's strategic direction.
Wonder acquired Salt Hank's, Uber exited its Serve delivery platform, and Qu Foods hired Paul Rubin—three separate moves signaling ongoing consolidation and leadership shifts in restaurant technology
Wonder acquired another New York City restaurant brand, while Qu, Uber, Serve, Palona, and MarginEdge made executive and funding moves.
Two beverage chains—7 Brew and Dutch Bros—are competing in a court-supervised auction for bankrupt Salad and Go's closed locations, with Dutch Bros having initially offered $105 million.
U.S. lawmakers Nadler and Frost have called for an antitrust review of Sysco's proposed acquisition of Restaurant Depot, signaling regulatory scrutiny of consolidation among major foodservice distribu
Owner, a platform for local businesses, has raised $240M in funding led by Goldman Sachs Alternatives.
House Foods Group is considering removing CoCo Ichibanya curry chain from its portfolio.
Multi-brand portfolios are emerging as a growth and resilience strategy — diversification may outpace single-brand scaling in a bifurcated consumer market.
Restaurants are facing online criticism for using AI to generate menus and social media content, though some argue the practice deserves more tolerance.
Following Salad and Go's bankruptcy, two major coffee chains are competing to acquire its vacant locations.