This week on Nation's Restaurant News, the top story was Report: Pollo Tropical to be sold for $225M. Fiesta Restaurant Group, the Dallas-based parent company of Pollo Tropical, is reportedly going to be sold to Authentic Restaurant Brands...
Six new locations, including traditional and Digital Café style formats, are planned to open before the end of the year, specifically targeting expansion in Idaho, Utah, Nevada, and Arizona.
It was a good quarter for Shake Shack, with record sales of $426.3 million, up by 21.2% compared to the second quarter of 2022. Same-store sales were up by 3%, with restaurant-level margins of 21.2%, the first time margins were above 20% since...
