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NRN editors discuss Taco Bell’s new menu items and restaurant industry financial rumors about Inspire Brands and Flynn GroupNRN editors discuss Taco Bell’s new menu items and restaurant industry financial rumors about Inspire Brands and Flynn Group

Plus, hear from Simran Sethi, chief product and wellbeing officer at Choolaah Indian BBQ

Holly Petre, Assistant Digital Editor

February 16, 2024

 

This week on the Extra Serving podcast, a product of Nation’s Restaurant News, NRN editors Holly Petre, Sam Oches, and Leigh Anne Zinsmeister spoke about Taco Bell.

Last Friday, the brand held its inaugural Live Más Live event in Las Vegas where, much like an Apple presentation, Taco Bell executives stood in front of a screen on stage and unveiled over a dozen new menu items ranging from Baja Blast Gelato to a Cheez-It-filled Crunchwrap to several new chicken items. During the parent company Yum Brands’ earnings call just a week before the event, CEO David Gibbs said that Taco Bell would be launching a new product every five weeks, double the rate of 2023. What does all this mean for Taco Bell?

And then it’s time for some rumors. There were several financial rumors over the past week in the restaurant industry, including the possible sale of a majority stake in Flynn Group, the largest franchisee in the country. The alleged price? $5 billion. Another rumor is that Inspire Brands may go public. The restaurant group, founded in 2018, would be taking itself and its brands public as a unit for the first time. Inspire famously purchased the formerly public Dunkin’ in 2020. What’s going on in the financial sector of the restaurant industry, and what does it mean for the year ahead?

Related:Taco Bell unveils more than a dozen new menu items

This week’s interview is Simran Sethi, chief product and wellbeing officer at Choolaah Indian BBQ.

 

About the Author

Holly Petre

Assistant Digital Editor

Holly Petre is a digital editor for Nation’s Restaurant News as well as the host of NRN’s podcast, Extra Serving, and producer for Informa Restaurant and Food Group’s other three podcasts, One On One by Food Management, Off the Shelf with SN and In the Kitchen with Bret Thorn. Holly holds a Bachelor of Fine Arts with a concentration in Sculpture, fibers and Material Studies and Ceramics from the School of the Art Institute of Chicago. A native New Yorker, Holly enjoys her place on staff as the resident pop-culture expert and millennial with a sassy attitude and great sense of style.

Holly Petre’s work on Nation’s Restaurant News and Restaurant Hospitality often covers marketing and trends, either aimed-at or examined-through the millennial mindset. Holly is responsible for introducing TikTok and Twitch to NRN and RH readers as well as explaining terms like “Karen” to staff and readers alike. She also spends her time on staff trying not to make every headline a pun.

Holly Petre hasn’t spoken at any events or on panels, but she is readily available with a killer shoe wardrobe and several witty quips.

 

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