fbpx
Industry Standard
AAA
Trusted By
20,000 Customers
Get A Quote with Facebook

Category

Restaurant business
While 2021 was the year of the comeback for restaurants, 2022 is proving to be a very different story. Record-high inflation is hitting consumers from every angle – gas, groceries, rent – and restaurants tend to be the first place they cut spending.  Restaurant traffic, while recovering and up nine percent in 2021 compared to 2020,...
Read More
Panera Bread will try an IPO once market conditions improve, its CEO said./Photograph: Shutterstock Panera Bread and Danny Meyer’s SPAC on Friday said they would no longer go forward with their merger plans, saying that “deteriorating capital market conditions” made their planned initial public offering less favorable. The two groups had a deadline of June...
Read More
Rendering courtesy Panera Bread Panera Bread has opened its first digital-only, to-go store, the first of three planned Panera To Go test locations slated to open this year, the bakery-café chain announced Friday. The first Panera To Go opened on Chicago’s North Side on May 13, with others planned in California and Washington, D.C. The...
Read More
Photograph: Shutterstock Tracey Young was named chief brand officer with Cinnabon and Jim Salerno was given the same title with Carvel as parent Focus Brands announced a series of executive changes at its specialty category of concepts on Wednesday. Kerri Christian, meanwhile, has been promoted to SVP of Specialty Category Marketing, where she will focus...
Read More
Veganism is the new trend that is sweeping the world. Animal welfare and food processing concerns are making consumers explore environmentally-friendly food alternatives, prompting a rise in vegan food demand.  Vegan trends are not only limited to raw ingredients, but they are also spreading to other domains of foods and beverages, such as confectioneries. According...
Read More
Photograph: Shutterstock Pressure is mounting on restaurants to end their reliance on single-use polystyrene takeout containers and plastic utensils, with operators in Los Angeles County learning this week that they’ll have to find substitutes by next May. Restaurateurs in Connecticut may also soon be shopping for alternatives. The state Senate voted Wednesday to ban single-use...
Read More
Photo courtesy Chipotle Mexican Grill Chipotle Mexican Grill launched its loyalty program during the first quarter of 2019 and had more than 8 million members by the end of that year. By the end of 2020, membership in the program had more than doubled—to 19.5 million names in the chain’s database. Today, as Chipotle marks...
Read More
Photograph: Shutterstock Things were starting to look up for BJ’s Restaurants in November. Same-store sales turned positive and were growing week after week. Staffing levels were up. Dining room sales were creeping closer to pre-pandemic levels. It had restored its full menu after earlier cutbacks. Its late-night business was starting to resemble 2019’s again. Then,...
Read More
This edition of MRM’s “Ask the Expert” features advice from Buyers Edge Platform. Please send questions to Modern Restaurant Management (MRM) magazine Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. They say patience is a virtue. Well, tell that to someone who is hangry. Restaurants are experiencing more impatient patrons as the labor shortage causes operators to struggle to maintain...
Read More
As the world’s premier culinary college, The Culinary Institute of America has a proven track record of preparing the future leaders of the food industry for careers in, and beyond, the kitchen. As career options within the food industry expanded over the past 75 years, so did the CIA’s curriculum. “Food touches every facet of...
Read More
1 2 3 4

Text Widget

Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Donec sed odio dui. Etiam porta sem malesuada.

Our Cases

11
11
11
11
11Funding
11
11
11
11Business lending