- BJ’s Pizookie Pass subscription drives traffic but hurts profits
- Innovation is great, until it isn’t
- Fast-food chains get some big wins, despite a tough consumer environment
- Tender Greens and Tocaya are sold to their lender
- BurgerFi International sold in bankruptcy auction for $44M
A burger has its’ fate on the stair steps of the New York Stock Exchange. | art and Animation by Nico Heins/Midjourney
Restaurant Business Exclusive Content
Innovation is great, until it isn’t
The Bottom Line: Starbucks pushed through products recently while skipping its traditional testing processes, even as the coffee shop giant was working to improve operations. Those ideas are contradictory.
The fast-food value push may be here to stay
The Bottom Line: McDonald’s wants a “more holistic,” permanent, branded value offer next year, suggesting that the value wars of 2024 are unlikely to end when the calendar turns. But …