Wendy’s International to redistribute around 200 restaurants to franchisees . . . . Bankruptcy court approves sale of NPC International’s Pizza Hut and Wendy’s restaurants to Wendy’s parent and Flynn Restaurant Group for around $800 million The sale of NPC International’s Pizza Hut and Wendy’s locations to Flynn Restaurant Group and Wendy’s Co. has been… read more

After filing for Chapter 11 bankruptcy in June 2020 and creating a plan of reorganization confirmed by the U.S. Bankruptcy Court on Dec. 15, Chuck E. Cheese parent company CEC Entertainment announced on Dec. 30 that the company completed its financial restructuring and emerged from Chapter 11 protection. The company emerged from bankruptcy with $705… read more

Texas billionaire Tilman Fertitta is reportedly in talks to take his restaurant giant Landry’s Inc. and his Golden Nugget casino holdings public with Fast Acquisition Corp., though the special purpose acquisition had been looking for quick-service brands. Bloomberg, in a report last week citing “people with knowledge of the matter,” said Fast Acquisition, which was… read more

Sonic Drive-In is planning its first international expansion, the chain’s president said during a presentation during the National Retail Federation’s virtual trade show this week. “Sonic is one of the few, large brands that is only domestic,” said Claudia San Pedro, who has been president of the Oklahoma City-based chain since 2018. She said Sonic… read more

Fueled by a recent growth equity investment from 10 Point Capital, the brand is poised for long-term expansion as it seeks qualified franchise partners to join the Walk-On’s team. Despite the challenges to the industry brought on by the pandemic, Walk-On’s has been able to remain steadfast through its keen focus on growth and is… read more

With the promotion, every Thursday, customers can purchase one of their favorite menu items like cheeseburgers, shakes, and fries for under $0.35. The items are available at a fraction of their typical cost, with cheeseburgers and shakes typically clocking in between $2-3 per item. The Thursday prices harken back to McDonald’s original prices when it… read more

Restaurants in 2020 rely on technology as much as a menu to provide guests with a unique experience. We connected with Nicole West, vice president of Digital Strategy and Product Management, and Stephanie Perdue, vice president of Brand Marketing for Chipotle Mexican Grill, to discuss menu and technology innovation during the pandemic. Chipotle operates 2,650… read more

Tim Ma is busy, but the co-founder of Lucky Danger, executive chef of American Son and Wild Days at the Eaton Hotel DC, culinary director of Laoban Dumplings, and executive chef of Prather’s on the Alley took time out to take us through his journey innovating during COVID-19. The pandemic hit the restaurant industry hard…. read more

As the foodservice industry was forced to pivot to accommodate coronavirus-related lockdowns and protocols, even large-scale businesses struggled to keep sales up during the pandemic. Many increased takeout and delivery options as well as created meal kits for consumers to enjoy and/or prepare at home. Some restaurants even began selling ingredients to customers looking for… read more