Buyer Emerges for 42 Bankrupt Wendy's Locations
Hiren Patel's Divine Investors offers $18.6M for 42 Wendy's units as Meritage Hospitality Group navigates Chapter 11 bankruptcy restructuring.
Oct 22, 2026
Hiren Patel's Divine Investors offers $18.6M for 42 Wendy's units as Meritage Hospitality Group navigates Chapter 11 bankruptcy restructuring.
Oct 22, 2026
Drone delivery could transform restaurant operations through faster fulfillment, improved convenience, and new opportunities.
Oct 21, 2026
Shannon McNiel takes sole control as CEO of Tom's Watch Bar as the sports-bar chain posts $89.6M in 2025 sales and 46.2% unit growth.
Oct 21, 2026
Pollo Campero taps Carl's Jr. veteran Julio Sánchez as new U.S. CEO, charged with boosting sales, brand awareness, and guest experience.
Oct 20, 2026
Michelin-trained chef Cornelia Sühr brings a global résumé to White Barn Inn's new Coast Line & Forest tasting menu in Kennebunkport, Maine.
Oct 20, 2026
Olo debuts a consumer ordering app, challenging DoorDash and Uber Eats with lower fees and restaurant-owned customer data.
Oct 20, 2026
Coffee shops can boost sales by combining happy hours, bundles, limited-time drinks, seasonal menus, loyalty rewards, and friendly upselling, while tracking results and avoiding over-discounting.
Oct 19, 2026
Learn how to prepare an accurate balance sheet by organizing financial records, valuing assets, recording liabilities, reconciling accounts, and preventing accounting errors.
Oct 19, 2026
Learn how to calculate overtime pay for restaurant employees, apply correct rates, avoid payroll mistakes, comply with labor laws, and control labor costs.
Oct 16, 2026
Build a structured training program covering onboarding, roles, service, food safety, and growth to boost consistency, retain staff, and deliver reliably excellent guest experiences.
Oct 16, 2026
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Explore the potential effects of the 2024 election results, including Donald Trump's win, on the restaurant industry and business landscape. Learn about market trends and key insights.
Photo by Louis Hansel
The business world, including the restaurant and hospitality industry, is set to witness significant shifts following the 2024 election outcomes. With Donald Trump securing a historic win, becoming the second president to win two nonconsecutive terms, the landscape is poised for change. Post-election stock market surges, such as the Dow Jones jump by 1,300 points and the surge in U.S. stocks, indicate a positive market sentiment.
Photo by Louis Hansel
Under a second Trump term, the hospitality industry may experience both challenges and opportunities. Policies related to tax reforms, trade agreements, and labor regulations could impact businesses. Trump's focus on making America a crypto hub may lead to innovations in payment systems within the restaurant sector.
Companies like Portillo’s Inc. navigating mixed results highlight the complexities faced by the restaurant sector. Factors like commodity inflation, labor costs, and competition from discounting brands influence same-store sales and profitability. Adapting to dynamic market conditions becomes crucial for sustained success.
Photo by Louis Hansel
Amidst challenges, there are also bright spots like Yum Brands' success with Taco Bell and KFC's international growth. Embracing digital trends with over $8 billion in digital sales showcases the importance of technological integration for modern restaurants. Innovations in menu offerings and service delivery are key for staying competitive.
Photo by Louis Hansel