Every six months, Piper Sandler’s “Taking Stock with Teens” survey paints a clear picture of the American teen psyche, and this spring’s results are no exception. Drawing responses from more than 6,000 teens across 47 states, the survey captures not just product preferences but also the values, spending patterns, and cultural leanings of Gen Z…. read more

The surge in weight-loss drugs such as Ozempic and Wegovy may already be affecting restaurants’ bottom lines We now have a weapon against obesity that actually works. Glucagon-like peptide-1 medications, better known as GLP-1s, have succeeded where dieting usually fails. They’ve changed the way millions of Americans eat by changing their relationship with food, essentially… read more

Shake Shack has partnered with Grupo Attie-Multifood Enterprises to bring the iconic brand to Panama. As part of the deal, the partnership plans to open 12 Shacks across the Panamanian market by 2035, with its first Shack scheduled to open in 2026 – marking an exciting new chapter in the Company’s international journey. Shake Shack… read more

Eggs and avocados are among the items experiencing inflationary pressure in Q1 First Watch Restaurant Group Inc. has seen traffic fluctuate this year, but it is working on marketing and to keep commodity costs in line, executives said this week. Chris Tomasso, First Watch president and CEO, said on the daytime café’s earnings call for… read more

The fast-food giant and its franchisees vow to hire 375,000 people this summer, which would be the most in years. It also plans to open 900 U.S. restaurants by 2027. McDonald’s and its franchisees plan to hire up to 375,000 people this summer in what the company says is its biggest hiring effort in years…. read more

Julie Fussner is focused on improving speed, accuracy, and the digital experience, but says the culture of the brand will not change Julie Fussner is well aware of the enormous shoes she needs to fill. She was recently named the new chief executive officer of Culver’s, becoming just the fifth person (and first woman) to… read more

With same-store sales weak so far this year amid a difficult economy, operators are boosting marketing, adding new menu items and turning back to what worked. They’re also discounting more. Restaurant chains entered 2025 expecting smoother waters as inflation cools and the uncertainty of the election was in the rear-view mirror. What they’ve instead found… read more

The California-based brand first began to pursue international development in 2023, starting with the Middle East. In a brand first, Chipotle Mexican Grill expects to open its doors in Mexico early next year. “We are confident that our responsibly sourced, classically cooked real food will resonate with guests in Mexico,” says Nate Lawton, chief business… read more

Hart is stepping down as head of the casual-dining chain after more than two years at the helm. Pace has been chairman of the board since 2019. Red Robin has a new CEO. G.J. Hart is stepping down from the helm of the casual-dining chain after more than two years as CEO, Red Robin announced… read more

The omnichannel doughnut chain, whose stock has lost more than half of its value this year, nominated four directors to its board, including a former Burger King CEO and former Starbucks CFO. Krispy Kreme wants to change the makeup of its board of directors. Mired in a stock price that has struggled since its 2021… read more