Cava Group Inc., parent to the 263-unit fast-casual Mediterranean brand, made its public market debut Thursday with shares trading at more than $44 a share at midday, well above its announced pricing of $22 a share...
The Consumer Price Index experienced a 0.1% increase in May, marking its slowest annual rate increase since March 2021. By comparison, the index rose 0.4% in April and has averaged a 4% increase throughout the past 12 months...
Yum executives this month provided some insight into what the company is looking for with its next restaurant acquisition, expected to come in the next 5 years.
SBE’s virtual restaurant platform C3 was formerly a competitor of Nextbite and will now be its sister company just days after Ordermark was sold off to UrbanPiper
