The Bureau of Labor Statistics’ Consumer Price Index, released Wednesday morning, shows inflation is up 5% year-over-year, and 0.1% versus last month’s numbers. This marks the lowest CPI number since May 2021, which was also at 5%...
Chipotle unveiled what it is calling a new “responsible restaurant design," which uses energy-efficient equipment and systems, and 100% renewable energy from wind and solar power through the purchase of certified renewable energy credits...
Yum Brands – parent company of KFC, Pizza Hut, Taco Bell and The Habit Burger Grill – recently announced a new packaging policy prioritizing more sustainable options. In a blog post, Yum noted it is transitioning away from plastics and developing...
One quarter down for 2023 and we still don’t have a whole lot of certainty about the macroeconomic picture and its implications for the restaurant industry. Our crystal ball has displayed mixed signals for months (here and here, for...
Starbucks founder and former CEO Howard Schultz ran for President in 2020 as a Democrat. At the time, Starbucks was the ideal liberal company, providing benefits to employees, and supporting LGBTQIA+ rights. While Schultz didn’t ultimately make it...
OneRare — the gamified self-proclaimed foodie metaverse — announced Friday that Papa Johns is launching NFTs in the metaverse for the first time. This marks the first partnership OneRare has announced with a national chain and will officially...
Noodles & Company, which already sees its Noodles Rewards loyalty program as a driver of traffic and sales, added new perks for its 4.5 million members...
Founded in 2005, Houston-based Salata now has about 90 units in five states, and has experienced a steady pace of growth since Michelle Bythewood took the reins as president. In late 2019, Salata rolled out a tech stack that included online...
Howard Schultz — current board chairman and former CEO of Starbucks — defended allegations of union-busting against the Seattle-based coffee giant during a three-hour-long U.S. Senate Health, Education, Labor, and Pensions committee hearing led by...