Restaurant Brands International is acquiring Carrols, the largest Burger King franchisee in the U.S. with 1,022 locations, for a total enterprise value of $1 billion
The repeal of the National Labor Relations Board’s joint employer act will go to the Senate floor next; Biden vowed to veto if Congress overturns joint employer rule
The legally and financially fraught rotisserie chicken brand also announced that the company would be introducing new global menu items every six weeks
The food-away-from-home index was at 5.2% in December, continuing to cool from its 8.8% peak in March 2023.
With the acquisition, Next Level Burger and Veggie Grill together become one of the biggest plant-based restaurant chains in the United States
The industry’s biggest challenges, including inflation and labor shortages, persist into 2024