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While 2024 was a challenging year for the restaurant industry — with just 3.1% average sales growth among the Technomic Top 500 Restaurant Chains — some standout categories blew away the ...
There are several consumer signals flashing red right now, indicating that Americans are feeling pessimistic about the current (and future) state of the economy. Perhaps the most urgent signal is ...
We could be in for a cruel summer. New research from global accounting firm KPMG US shows that consumers are expected to trim their restaurant budgets by 7% per month this summer. An overwhelming ...
Traffic challenges continued in the restaurant industry in the first quarter, driven by consumer uncertainty, according to the Q1 2025 Technomic Consumer and Operator Outlook. Lori Rakoczy ...
Krispy Kreme announced that it is nominating a “fresh new slate” of executive board members ahead of the Charlotte-based company’s June 17 annual meeting. The news of a proposed executive ...
It’s early in Lawrence Kim’s role as president of IHOP. He joined the family dining chain in January just as a confluence of challenges smacked the segment — and much of the industry — in ...
Chagee Holdings Limited began trading on the Nasdaq public market about a week ago, opening at $33.75 per share and jumping above $41 before settling into its current range of $32 to $33.
My journey into restaurant tech started over 10 years ago with a simple frustration: long lines at busy bars. As a computer scientist, I did what I knew — deconstructed the problem and built a ...
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