The Christian juice chain, which lost dozens of franchise locations over changes to its business model, sold itself for undisclosed terms.
Domestic comps rose 5.6%, the highest increase since 2021, due to rewards member growth, successful marketing campaigns and improved operations.
Chipotle, which recently added new worker benefits to attract hires, had the second-highest burnout rating of any company in the study, surpassed only by Progressive.
Fat Brands franchisee California Burger will add the burger concept to 40 pizza restaurants over the next 10 years, with the first to be completed this year.
The coffee titan wants courts to use stricter standards when evaluating injunctions in unfair labor practice cases.
The chain returned to net unit growth in 2023 and is looking to build on that momentum this year in markets including California, Tennessee and Texas.
Chipotle isn’t the only chain to abandon a secondary concept it tested. IHOP closed its fast casual Flip’d by IHOP concept last year after growing it to four locations. That concept was meant to ...
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Low foot traffic in Manhattan, exacerbated by high prices for chicken and potatoes, left 12-unit Sticky’s in a weak position.
Molly Bloom, the best-selling author of the memoir Molly’s Game, recently visited The Entrepreneur’s Studio, a podcast produced and sponsored by Heartland Payments Systems, to share lessons from her ...
Applebee’s is trying to turn around sliding sales and a shrinking footprint through franchising initiatives and traffic-oriented marketing moves.
Terms of the transaction were not disclosed but The Wall Street Journal reports it is worth roughly $2 billion.