Restaurant News | Restaurant Dive
WEBA court approved $3.5 million in funding from TREW Capital Management, giving the burger brand sufficient cash to operate without closing stores. Restaurant Dive has the latest news in the restaurant industry, covering topics like consumer trends, technology, marketing and branding, operations, mergers & acquisitions, and more.
Why Chipotlanes are Chipotle’s future | Restaurant Dive
WEBNov 21, 2022 · It is also targeting 255 to 285 restaurant openings in 2023, and 80% of new restaurants in 2022 and 2023 will feature Chipotlanes. This channel, which generates roughly 15% higher sales than a traditional Chipotle restaurant, led to a shift in real estate, construction and labor strategy, Zalotrawala said. “Our priority for development will ...
KFC adds $4.99 meal deal through year’s end | Restaurant Dive
WEBApr 8, 2024 · Dive Brief: KFC on Monday announced it is offering a value menu through the end of 2024 featuring a $4.99 two-piece chicken meal for one; a variably priced four-piece, two-person chicken meal; and a $20 six-piece chicken family meal. The menu is called “Taste of KFC Deals.” The two-piece meal includes a chicken thigh, drumstick, a side of …
How Salt Bae created a one-of-a-kind dining experience
WEBOct 5, 2023 · From heart-thumping music to tableside beef carving and smoke shows, Nusr-Et’s steakhouses are an experience. Whenever owner Nusret Gökçe, also known as Salt Bae, is in one of his 28 Nusr-Et Steakhouse restaurants, he’ll cut every diner’s meat using the signature style and hand flick seasoning technique that made him a viral internet ...
Portillo’s targets 920 future units, up from 600 - Restaurant Dive
WEBSep 22, 2023 · Portillo’s, which has 77 full-scale restaurants in 10 states, increased the minimum number of stores it estimates it can open from 600 to 920, the company wrote in an email to Restaurant Dive. This estimated target store count includes 800 full-sized restaurants and 120 pickup units, walk-up stores for urban areas and other alternative ...
KFC expands $5 meal deal - Restaurant Dive
WEBAug 13, 2024 · Dive Brief: Kentucky Fried Chicken is expanding its Taste of KFC Deal, a $5 value promotion it introduced in April.The chain added two meals to the deal, which runs through the end of the year. Customers can now get an eight-piece nuggets meal with fries and two sauces, and a Famous Bowl with nuggets, in addition to the wing-and-thigh deal …
7 restaurant industry trends to watch in 2024
WEBJan 10, 2024 · Restaurant prices hikes are expected to soften in 2024 compared to the low double-digit increases of 2023, which have pushed diners to their limit, experts said. Lynne Collier, restaurant analyst at Water Tower Research, expects pricing to range between 3% and 5% this year given that commodity and labor costs have dropped.
Why QSRs are doubling down on kiosks | Restaurant Dive
WEBNov 27, 2023 · Burger King joins other chains like Shake Shack, KFC, Taco Bell and El Pollo Loco that are doubling down on kiosks. Restaurants that feature kiosks tend to have higher average tickets, and the machines help fast food chains redeploy labor so employees can focus on preparing food and lessens the need for front counter staff to take orders.
Taco Bell to deploy drive-thru voice AI to hundreds of US locations
WEBJul 31, 2024 · Taco Bell is adding voice artificial intelligence drive-thru technology to hundreds of U.S. locations this year, parent company Yum Brands said in a press release. The technology is currently in use at more than 100 Taco Bell locations in 13 states and is meant to improve the ordering experience for customers and back-of-house operations.
How Qdoba is plotting growth in Chipotle’s shadow
WEBJan 11, 2024 · According to Modern Restaurant Concepts CFO Mel Tucker, who joined the company in April 2022, the brand’s average unit volumes have grown 30% since 2019, with 70% of that growth from pricing and 30% from increased traffic. Tucker said the company’s units cost about $800,000 to build out, on average, and offer a relatively strong return.