Faster service drove Chipotle's in-store traffic in Q1. Chipotle also drove traffic and check by renaming barbacoa to braised beef barbacoa www.nrn.com/operations/faster-service-drove-chipotles-store-traffic-q1
Quick Glance: Chipotle lifts annual sales forecast despite uncertainties
- Chipotle raised its full-year sales forecast due to resilient demand for burritos and rice bowls despite higher menu prices.
- The company anticipates mid-to-high-single digit percentage growth in comparable restaurant sales for 2024.
- Chipotle implemented price hikes to protect its profit margin from increased ingredient costs like beef and avocados.
- Chipotle's adjusted profit in the first quarter came in at $13.37 per share, surpassing estimates of $11.68.
Trending this week: Blackstone to buy Tropical Smoothie Cafe in $2B deal. www.nrn.com/news/trending-week-blackstone-buy-tropical-smoothie-cafe-2b-deal
Join us TODAY at 3pm EST for an IG live discussion featuring influencer Richard Chao @hangryblogger . Hear from NRN’s 2024 Power List Honoree @hangryblogger ... Show more #iglive #foodtrend #foodbloggers #influencer #restaurantnews
Domino’s is now tipping customers who tip their delivery drivers. When customers tip their Domino’s drivers $3 or more, they’ll receive a coupon to use on ... Show more www.nrn.com/news/domino-s-now-tipping-customers-who-tip-their-delivery-drivers
Plus innovation at Beyond Juicery & Eatery, Buffalo Wild Wings Go, Carl’s Jr., Chick N Max, Chicken Guy, Chili’s Grill & Bar, Church’s Texas Chicken ... Show more #fastfood #newfastfood #nrnmenutracker #nrnunboxing #newfood
Darin Harper named Dave & Buster's CFO. Darin Harper joins Dave & Buster’s with finance experience from Main Event, On the Border Mexican Grill & Cantina ... Show more www.nrn.com/people/darin-harper-named-dave-busters-cfo
Digging deeper into the Starbucks Supreme Court case and its implications. www.nrn.com/first-bite/digging-deeper-starbucks-supreme-court-case-and-its-implications
FTC bans noncompete clauses, but move faces legal challenges. Panel votes 3-2 to bar rule that impacts about 30 million workers www.nrn.com/workforce/ftc-bans-noncompete-clauses-move-faces-legal-challenges
Quick Glance: US implements ban on worker 'competition agreements' with business groups filing lawsuits
- The U.S. Federal Trade Commission has approved a framework to eliminate agreements often signed by employees to refrain from joining their employers' competitors or establishing rival businesses.
- The ban on noncompete agreements is projected to boost worker earnings by up to $488 billion over the next decade and facilitate the establishment of over 8,500 new businesses annually.
- Prominent business associations have criticized the framework and declared legal actions, contending that noncompete agreements assist companies in safeguarding trade secrets and advancing competitiveness.
- Unions have endorsed the FTC's vote in favor of the ban, hailing it as a significant triumph for workers that will enhance the national economy by fostering entrepreneurship.
WOWorks opens 1st franchised Z!Eats as it rebrands Zoup! Fast-casual restaurant redesign caters to health-conscious customers; further stores planned www.nrn.com/fast-casual/woworks-opens-1st-franchised-zoup-zeats-rebrand
Blackstone to buy Tropical Smoothie Café in $2B deal. Levine Leichtman agrees to sell Atlanta-based 1,400-unit fast-casual brand www.nrn.com/mergers-acquisitions/blackstone-buy-tropical-smoothie-caf-2b-deal
IHOP expands its virtual restaurant brands lineup. IHOP is expanding its partnership with Virtual Dining Concepts to grow Pardon My Cheesecake and add NASCAR ... Show more www.nrn.com/technology/ihop-expands-its-virtual-restaurant-brands-lineup
Outfox Hospitality closing Foxtrot, Dom’s. New entity shutting down urban convenience stores, small-format grocery stores www.nrn.com/finance/outfox-hospitality-closing-foxtrot-dom-s
The Wealthy Franchisee: 3 ways to maximize ROI amid soaring labor costs. How restaurants can get the most out of their employees as minimum wages hit $20 and ... Show more www.nrn.com/workforce/wealthy-franchisee-3-ways-maximize-roi-amid-soaring-labor-costs
Chopt partners with fitness influencer Cody Rigsby, launches new app. The New York City-based fast-casual restaurant has embraced the third wave of loyalty ... Show more www.nrn.com/fast-casual/chopt-partners-fitness-influencer-cody-rigsby-launches-new-app
McDonald’s has introduced a new McCrispy variation as it looks to gain chicken share. McDonald’s Bacon Cajun Ranch McCrispy is part of the company’s goal of ... Show more www.nrn.com/menu/mcdonald-s-has-introduced-new-mccrispy-variation-it-looks-gain-chicken-share
Why 154-year-old Graeter’s Ice Cream still makes its product by hand as it grows. Chip Graeter, part of the family’s fourth generation of leadership ... Show more www.nrn.com/take-away-sam-oches/why-154-year-old-graeter-s-ice-cream-still-makes-its-product-hand-it-grows
KFC is testing a new twist on its signature Twister. KFC’s Twister hasn’t been available on U.S. menus since 2014, though fans created a petition in 2019 ... Show more www.nrn.com/menu/kfc-testing-new-twist-its-signature-twister
Digging into all the latest restaurant bankruptcy news. www.nrn.com/finance/digging-all-latest-restaurant-bankruptcy-news
Supreme Court hears oral arguments in Starbucks case against the National Labor Relations Board. Starbucks argues that a more thorough four-factor test should ... Show more www.nrn.com/news/supreme-court-hears-oral-arguments-starbucks-case-against-national-labor-relations-board
Nation’s Restaurant News 2024 Power List has just been released! Meet the 50 marketers and influencers who are redefining power in the American restaurant ... Show more www.nrn.com/people/meet-2024-nation-s-restaurant-news-power-list
Restaurant bankruptcies and the thousands of cuts. Tijuana Flats’ Chapter 11 follows Oberweis filing and rumors of Red Lobster reorganization www.nrn.com/mergers-acquisitions/restaurant-bankruptcies-and-thousands-cuts
Taco Bell promotes its new Cantina Chicken with a $5 ‘Discovery Box’. The restaurant company has recruited LeBron James and Jason Sudeikis to promote its new ... Show more www.nrn.com/marketing/taco-bell-promotes-its-new-cantina-chicken-5-discovery-box
Tijuana Flats sells to new group, closes 11 restaurants and files Chap. 11. Florida-based fast-casual restaurant brand sells to Flatheads LLC; Joe Christina to ... Show more www.nrn.com/mergers-acquisitions/tijuana-flats-sells-new-group-closes-11-restaurants-and-files-chap-11
Power your menu with plants. Why operators need to add these emerging plant-based proteins to menus now. www.nrn.com/salad-sides-trends/power-your-menu-plants
Stacey Pool resigns as Noodles & Company’s chief marketing officer. After serving in that role for four years she is moving on to work in the auto aftermarket ... Show more www.nrn.com/fast-casual/stacey-pool-resigns-noodles-company-s-chief-marketing-officer
Menu Tracker: New items from McDonald’s, Starbucks, and KFC. Plus innovation at Beyond Juicery & Eatery, Buffalo Wild Wings Go, Carl’s Jr., Chick N Max ... Show more www.nrn.com/menu/menu-tracker-new-items-mcdonald-s-starbucks-and-kfc
Surge in food delivery-related legislation and lawsuits could lead to industry regulation. New legislation is popping up in New York, California, Florida ... Show more www.nrn.com/delivery-takeout-solutions/surge-food-delivery-related-legislation-and-lawsuits-could-lead-industry
Domino’s Kate Trumbull appeals to today’s driven consumer. The restaurant’s marketing priority is communicating convenience, value www.nrn.com/people/domino-s-kate-trumbull-appeals-today-s-driven-consumer
KFC CMO Nick Chavez says brand’s influencer strategy helps attract a younger audience. The restaurant’s customers skew older than QSR average ... Show more www.nrn.com/people/kfc-cmo-nick-chavez-says-brand-s-influencer-strategy-helps-attract-younger-audience
Brooke Perry at Velvet Taco redefines what a taco can be. Marketing strategy, like all things at the restaurant chain, focuses on ‘relentless innovation’ www.nrn.com/people/brooke-perry-velvet-taco-redefines-what-taco-can-be
Patrick Benson drives digital fandom for El Pollo Loco. The entertainment industry veteran cultivates a network of authentic influencers for the restaurant ... Show more www.nrn.com/people/patrick-benson-drives-digital-fandom-el-pollo-loco
Ryan Ostrom lets influencers do their own thing for Jack in the Box. Leveraging creators’ passion helps drive authentic experiences for the restaurant’s fans ... Show more www.nrn.com/people/ryan-ostrom-lets-influencers-do-their-own-thing-jack-box
Kevin Mayer gives Red Robin the juicy campaign it needs. As the restaurant company looks to tap into youth and nostalgia, influencers have become a key partner ... Show more www.nrn.com/people/kevin-mayer-gives-red-robin-juicy-campaign-it-needs
Julie Hauser-Blanner named COO of Smalls Sliders. The former Bloomin’ executive joins Smalls Sliders as the restaurant company has over 200 units open or under ... Show more www.nrn.com/quick-service/julie-hauser-blanner-named-coo-smalls-sliders
Reminder! Don't forget to join us tomorrow, Tuesday, April 23rd as we navigate the landscape of supply chain technology partners and share how to choose the ... Show more www.nrn.com/webinars/don-t-go-it-alone-how-supply-chain-partnerships-can-better-your-business
Dutch Bros’ Tana Davila makes branding magic for the ‘cool kid’ of coffee. The restaurant’s CMO balances consumer perception with general recognition www.nrn.com/people/dutch-bros-tana-davila-makes-branding-magic-cool-kid-coffee
McDonald’s ‘share the pen’ philosophy has driven business results. CMO Tariq Hassan has driven tremendous success with the restaurant company’s influencer ... Show more www.nrn.com/people/mcdonald-s-share-pen-philosophy-has-driven-business-results
Al pastor, the taco flavor that has gone mainstream. www.nrn.com/consumer-trends/al-pastor-taco-flavor-has-gone-mainstream
Applebee’s net unit growth goal gets a vote of confidence from Flynn Group. Flynn Group and Applebee’s have signed a new agreement for Flynn to open 25 ... Show more www.nrn.com/franchising/applebee-s-net-unit-growth-goal-gets-vote-confidence-flynn-group
Bronze R. Major knows the importance of AI and influencers in marketing. Carrabba’s head of marketing believes in innovation, evolution ... Show more www.nrn.com/people/bronze-r-major-knows-importance-ai-and-influencers-marketing
George Felix of Chili’s meets customers where they are. Casual-dining restaurant CMO works to make brand relevant on a variety of platforms www.nrn.com/people/george-felix-chili-s-meets-customers-where-they-are
Taco Bell collaborates with another sauce company for its Nacho Fries. The restaurant chain will bring back its signature Nacho Fries for the 11th time and for ... Show more www.nrn.com/menu/taco-bell-collaborates-another-sauce-company-its-nacho-fries
Tijuana Flats sells to new group, closes 11 restaurants and files Chap. 11. Florida-based fast-casual restaurant brand sells to Flatheads LLC; Joe Christina to ... Show more www.nrn.com/mergers-acquisitions/tijuana-flats-sells-new-group-closes-11-restaurants-and-files-chap-11
Stacey Pool resigns as Noodles & Company’s chief marketing officer. After serving in that role for four years she is moving on to work in the auto aftermarket ... Show more www.nrn.com/fast-casual/stacey-pool-resigns-noodles-company-s-chief-marketing-officer
NRN editors discuss food trends, influencer marketing, and Red Lobster’s future. Plus, hear from Chris Eichfeld, director of supply chain for District Taco ... Show more www.nrn.com/culinary-podcasts/nrn-editors-discuss-food-trends-influencer-marketing-and-red-lobster-s-future
The restaurant industry has the highest degree of employee burnout, study shows. A study from www.bbadegree.org/ and Glassdoor found that Chipotle ... Show more www.nrn.com/data-research/restaurant-industry-has-highest-degree-employee-burnout-study-shows
Wayfair to open The Porch restaurant in 1st brick-and-mortar store. Online home furnishings brand to offer foodservice at Wilmette, Ill. ... Show more www.nrn.com/consumer-trends/wayfair-open-porch-restaurant-1st-brick-and-mortar-store
White Castle promotes 20th anniversary of ‘Harold & Kumar’. Customers can get a digital movie with some slider purchases www.nrn.com/quick-service/white-castle-promotes-20th-anniversary-harold-kumar
Clay Hansen named CFO of Mo’Bettahs. Clay Hansen most recently served as CIO for Greenix and also spent 10 years with Café Rio. www.nrn.com/people/clay-hansen-named-cfo-mo-bettahs
Menu Tracker: New items from McDonald’s, Starbucks, and KFC. Plus innovation at Beyond Juicery & Eatery, Buffalo Wild Wings Go, Carl’s Jr., Chick N Max ... Show more www.nrn.com/menu/menu-tracker-new-items-mcdonald-s-starbucks-and-kfc
Why tech is still a major theme at restaurant conferences. www.nrn.com/first-bite/why-tech-still-major-theme-restaurant-conferences
Trending this week: Starbucks turns up the heat with latest drinks lineup of Spicy Lemonade Refreshers. www.nrn.com/news/trending-week-starbucks-turns-heat-latest-drinks-lineup-spicy-lemonade-refreshers
Tech Tracker: Uber Eats launches a TikTok-like social feed for operators. Plus, DoorDash and Wendy’s partner for drone deliveries ... Show more www.nrn.com/technology/tech-tracker-uber-eats-launches-tiktok-social-feed-operators
Why 154-year-old Graeter’s Ice Cream still makes its product by hand as it grows. Chip Graeter, part of the family’s fourth generation of leadership ... Show more www.nrn.com/take-away-sam-oches/why-154-year-old-graeter-s-ice-cream-still-makes-its-product-hand-it-grows
KFC is testing a new twist on its signature Twister. KFC’s Twister hasn’t been available on U.S. menus since 2014, though fans created a petition in 2019 ... Show more www.nrn.com/menu/kfc-testing-new-twist-its-signature-twister
McDonald’s has introduced a new McCrispy variation as it looks to gain chicken share. McDonald’s Bacon Cajun Ranch McCrispy is part of the company’s goal of ... Show more www.nrn.com/menu/mcdonald-s-has-introduced-new-mccrispy-variation-it-looks-gain-chicken-share
How Bojangles is adjusting its strategy to grow beyond the Southeast. Bojangles will pare down its menu as it expands beyond the Southeast but will keep its ... Show more www.nrn.com/franchising/how-bojangles-adjusting-its-strategy-grow-beyond-southeast
Smalls Sliders mixes its own ‘Smorange’ Pantone color. Quick-service restaurant brand creates signature hue with institute www.nrn.com/emerging-chains/smalls-sliders-mixes-its-own-smorange-pantone-color
Subway, the sandwich chain, is returning its honey oat bread and creamy sriracha sauce to its menus. The company, which has headquarters in Shelton, Conn. ... Show more #subway #honeyoat #sandwich #missvickies #bajachipotle #chips #sriracha #foodnews #nrn
Bergamot is expanding beyond Earl Grey tea. www.nrn.com/consumer-trends/bergamot-expanding-beyond-earl-grey-tea
Subway returns honey oat bread, sriracha sauce to menu. Sandwich restaurant chain also is adding a Baja Chipotle chip flavor www.nrn.com/quick-service/subway-returns-honey-oat-bread-sriracha-sauce-menu
Adding this to your restaurant menu can boost sales with Gen Z. www.nrn.com/first-bite/adding-your-restaurant-menu-can-boost-sales-gen-z
Einstein Bros Bagels launches first limited time offer since 2021. The Maplehouse Egg Sandwich plays into the sweet-and-savory trend www.nrn.com/food-trends/einstein-bros-bagels-launches-first-limited-time-offer-2021
5 takeaways from the Restaurant Leadership Conference. Labor – both from a cost and culture perspective – dominated discussions on the show floor and in ... Show more www.nrn.com/workforce/5-takeaways-restaurant-leadership-conference
Chuck E. Cheese partners with deaf children’s society. Brand seeks to enhance inclusivity and accessibility at play centers www.nrn.com/operations/chuck-e-cheese-partners-deaf-children-s-society
Join us next Thursday, April 25 for our Tech Market Leader Report Webinar! Based on Nation's Restaurant News Intelligence flagship annual report ... Show more www.nrn.com/webinars/emerging-tech-strategies-restaurants
How Pizza Hut is leading the future of restaurant marketing. www.nrn.com/first-bite/how-pizza-hut-leading-future-restaurant-marketing
How 3 restaurant executives are meeting changing employee expectations. Executives at Cava, Freddy’s, and Red Lobster said there is a clear return on ... Show more www.nrn.com/workforce/how-3-restaurant-executives-are-meeting-changing-employee-expectations
TGI Fridays agrees to merge with 89-unit U.K. franchisee. Hostmore is brand’s largest global franchise group; company would be publicly traded on the London ... Show more www.nrn.com/mergers-acquisitions/tgi-fridays-agrees-merge-89-unit-uk-franchisee
Restaurant brands roll out 4/20 promotions. Traditional cannabis holiday comes with its own rewards www.nrn.com/marketing/restaurant-brands-roll-out-420-promotions
Check out what Sam Oches has to say about Nation's Restaurant News, MenuMasters, sponsored by Ventura Foods that's coming May 18th at the Morgan MFG in Chicago ... Show more web.cvent.com/event/437fe6e3-8b9b-426d-92be-f66bd0978b34/register #MenuMasters
An inside look at the James Beard Awards and creamsicle drinks. Plus, an inside look at McAlister’s Deli menu expansion www.nrn.com/food-trends/inside-look-james-beard-awards-and-creamsicle-drinks
Mountain Mike’s Pizza promotes Carol DeNembo to chief marketing officer. The executive had been vice president of marketing since 2018 www.nrn.com/people/mountain-mike-s-pizza-promotes-carol-denembo-chief-marketing-officer
MOD Pizza names Jennifer Anderson CMO. Fast-casual restaurant appoints former Raising Cane’s executive to position www.nrn.com/fast-casual/mod-pizza-names-jennifer-anderson-cmo
Sizing up the future of full-service restaurants. Full-service operators are looking at creative ways to ensure their value proposition can compete with ... Show more www.nrn.com/operations/sizing-future-full-service-restaurants
Jersey Mike’s CEO Peter Cancro wins the 2024 Restaurant Leader of the Year award. Decades of consistency and heart: Informa’s Restaurant Leadership Conference ... Show more www.nrn.com/news/jersey-mike-s-ceo-peter-cancro-wins-2024-restaurant-leader-year-award
Red Lobster taps AI for Cheddar Bay Biscuit playlists. Casual-dining brand spans musical genres in item-inspired promotion www.nrn.com/casual-dining/red-lobster-taps-ai-cheddar-bay-biscuit-playlists
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