The Miami restaurant scene is on fire and Japanese cuisine, in particular, is in high demand. The time is right for Alvaro Perez Miranda, who is building a small group of beautifully designed restaurants that offer a true taste of Tokyo. The restaurateur with Venezuelan roots spent 15 years living in Tokyo, where he first… read more

Inspired by the flavors of Carl’s Jr.’s Western Bacon Cheeseburger, the Beyond BBQ was “developed to complement the Beyond Burger patty” and is an “indulgent flexitarian option that turns barbecue on its head with a plant-based spin,” Carl’s Jr. said. The burger features a Beyond Burger patty topped with Carl’s Jr. original barbecue sauce, American… read more

KFC saw strength in its new chicken sandwich, while Pizza Hut benefited from its Detroit-style pizza, Edge Pizza, and two new offerings featuring plant – base sausage from Beyond Meat, said David Gibbs, chief executive officer, during a July 29 conference call with analysts. Taco Bell kicked off the quarter with the return of the… read more

Krispy Kreme Doughnuts, Inc., a privately held company since 2016, has proposed an initial public offering of its common stock. The company on May 4 reported it confidentially had submitted a draft registration statement on Form S-1 to the Securities and Exchange Commission. An IPO should take place after the SEC completes its review process,… read more

Welbilt agrees to be acquired by Ali Group after cash bid was deemed ‘superior’ to Middleby’s all-stock bid Welbilt Inc. WBT, 0.13% announced Wednesday an agreement to be acquired by Ali Group S.r.l. in a cash deal that values the foodservice equipment company at about $3.40 billion. Under the terms of the agreement, Italy-based Ali… read more

Subway restaurants announced historical changes and improvements to almost every core item on their menu, as well as digital upgrades to elevate guests’ experiences. The “Eat Fresh Refresh” menu makeover will begin July 13, after participating restaurants close for one day to prepare for the changes. The 20-plus menu updates include 11 new and improved… read more

There’s a certain confidence that comes from surviving a crisis. At least that’s how Ryan O’Donnell sees it, as he prepares to open two new Chicago-area restaurants this year. O’Donnell is co-founder of Ballyhoo Hospitality with his wife Anna O’Donnell. The group operates five independent concepts, including two that opened during the pandemic shutdown. Coming… read more