People aged 65 and older will account for 18% of all U.S. restaurant spending in 2030, up from just 10% in 2025, according to Technomic. An aging U.S. population will reshape the restaurant industry in the years ahead, experts say. A major demographic shift is on the horizon, with all Baby Boomers reaching retirement age… read more
Posts Tagged: Industry Spotlight
Gong cha buys 170 US stores from master franchisee
The purchase will help the bubble tea brand strengthen its U.S. system and ultimately speed up growth as it targets 1,000 units in the country. Dive Brief: Gong cha, a bubble tea concept with over 2,200 units globally, has acquired 170 U.S. locations from a master franchisee, a majority of its roughly 240 stores in… read more
Jimmy John’s promotes CMO to president
Darin Dugan succeeds James North, who spent more than 20 years as the chain’s brand president. Dive Brief: Jimmy John’s promoted its chief marketing officer, Darin Dugan, to brand president as part of a broader shift in the chain’s executive leadership, the brand said Monday. Dugan succeeds James North, who has served as Jimmy John’s… read more
Krystal promotes Amanda Hyde to chief operating officer
She will report to G.J. Hart, chief executive officer of parent company SPB Hospitality Krystal has promoted Amanda Hyde to chief operating officer. In her elevated role, she will report directly G.J. Hart, chairman and chief executive officer of parent company SPB Hospitality. Hyde brings more than two decades of restaurant industry experience spanning operations,… read more
Planta’s Ch. 11 bankruptcy converted to liquidation
A Delaware court approved the Chapter 7 declaration once the debtor stated no other options were available Planta, a plant-based restaurant chain founded in Toronto in 2016, will be liquidated following a court approval to convert its Chapter 11 bankruptcy case to Chapter 7. A Delaware judge ruled on the decision following the debtor’s statement… read more
Logan’s Roadhouse is sold to Cicis owner SSCP
Previous owner SPB Hospitality will shift focus to its upscale-casual concepts like J. Alexander’s, while SSCP expands into the steakhouse category. Logan’s Roadhouse has quietly changed hands. SPB Hospitality sold the steakhouse chain to SSCP Management, which owns Cicis Pizza, Corner Bakery and Roy’s and also operates dozens of Applebee’s and Sonic restaurants. Terms of… read more
Burger King appears to come out on top of the burger wars
The fast-food chain received a spike in visits last week after the brand’s president went viral for taking a bite of the Whopper, according to data from the food traffic tracking firm Placer.ai. Tom Curtis apparently should go viral more often. Data from the food traffic tracking firm Placer.ai suggests that the Burger King president’s… read more
Freddy’s Adds Senior Meals to Menu Lineup
Freddy’s Frozen Custard & Steakburgers announced the addition of Senior Meals (55+) to its permanent menu lineup. Each meal includes a small drink and small fries/tots or can be upgraded to a full-size premium side. New Senior Meals (55+): Single Cheeseburger: Freddy’s premium steakburger patty with American cheese on a toasted bun with mustard, onion… read more
Firehouse Subs Announces Seven Openings to Start 2026
Firehouse Subs, the firefighter-founded hot sub brand known for its unwavering commitment to community impact, has jumped out of the gates strong in 2026. Through the first six weeks of the year, seven restaurants have opened across North America. This includes: High Street Center: 2404 High Street, Crescent Springs, KY Victoria University Heights: 3960 Shelbourne… read more
Noodles & Company executes 8-for-1 reverse stock split
Shares fell 1.54% on first day of trading before rebounding on Thursday Noodles & Company merged eight of its shares into one share in a reverse stock split that shareholders approved earlier this month to take place at 12:01 Eastern Time on Wednesday. It closed on Tuesday at 50 cents per share and opened at… read more
