Restaurant News Resource
June, 6 2023
 
 
 
Wage Theft Is America's Hidden Workplace Crisis
 
Wage Theft Is America's Hidden Workplace Crisis
 
Verfico's new study exposes the alarming prevalence of wage theft - and its consequences for both companies and employees. Read More
 
Restaurant Service
Chili's Has Become the Gold Standard for Restaurant Service in These Inhospitable Times - Business Insider
 
In the early years of the pandemic, Chili's experimented with technology, such as a robot server, to handle the labor shortage and increase efficiency. But Kevin Hochman, who became CEO of Brinker International, Chili's parent company, in 2022, rolled back some of those initiatives to give servers more time with their diners, according to the Times. Read more
 
Development News
Red Robin Gourmet Burgers, Inc. Completes Sale-Leaseback Transaction With Essential Properties Realty Trust, Inc.
 
Gross Proceeds of Approximately $29 Million for Nine Owned Properties - Company Marketing Additional Properties for Sale-Leaseback Transactions Read more
 
Development News
Papa Johns International Acquires Drake Food Service International's Restaurants in the United Kingdom
 
Papa John’s International establishes Company restaurant footprint as part of ongoing plan to transform and optimize the U.K. market for the brand Read more
 
New Marriott Brand
Marriott International Announces New Extended Stay Lodging Brand
 
Marriott is announcing its plans to launch a new brand, which has not yet been named, but is currently being referred to as Project MidX Studios. The affordable midscale extended stay brand is intended to deliver reasonably priced modern comfort for guests seeking longer stay accommodations in the U.S. & Canada. Read more
 
Development News
Capital Tacos Announces Further Expansion in Florida with New Deal in Jacksonville
 
Capital Tacos announced a new location will be coming soon to Jacksonville, Florida, a mere 200 miles from where the brand originated in Tampa. Read more
 
Development News
FCPT Announces Acquisition of a Dual-Tenant Outback Steakhouse and Hook & Reel Property from Seritage for $5.2 Million
 
The property is located in a strong retail corridor in Ohio and is under net leases. The transaction was priced at a cap rate in range with previous FCPT transactions. Read more
 
National Restaurant Association Show
National Restaurant Association Association CEO Korsmo Addresses Future of the Industry
 
Says the restaurant industry is resilient, and hugely important to the country. Read more
 
New Openings
Sweetgreen to Open Its First San Antonio Restaurant
 
Located at 340 East Basse Rd, Suite 101, sweetgreen at Quarry Village will be open daily from 10:30am to 9pm CT. The restaurant will accommodate 32 indoor diners with banquette and counter seating, and features a patio for up to 15 people. Read more
 

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In Brief...
 

New Openings
Balance Grille Opens in Arvada, Colorado

Product News
Panera Launches Drive-Thru Pick-Up Nationwide

Other News
The Taco Bell Foundation Awards $15 Million to over 450 Charities Serving the Next Generation

 
 
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