All things Commercial Real Estate uncensored for your pleasure. Get the take from the operators, bankers, owners, tenants, landlords, and many other angles of the CRE world. Hosted by Derek Anthony and Mia in downtown Fort Worth, Texas studios. Be sure to check out www.thepodcaststudio.net for all the latest info. Available anywhere Podcasts are available.
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Your quick morning dose of the restaurant news you need, every weekday, from the editors of Restaurant Business and Nation's Restaurant News.
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Shake Shack closures, Hooters, Checkers-Rallys CEO
6:39
6:39
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6:39
Shack Shack is closing some restaurants. Hooters is in hot water over a sponsorship deal. And two fast-food chains have a new CEO.
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Red Lobster has been approved to emerge from bankruptcy. Topgolf is being spun off. And Pinstripes is struggling as well.
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Whataburger CEO, M&A news, McDonald’s marketing
5:39
5:39
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5:39
Whataburger has a new CEO. Restaurants are seeing continued M&A activity. And McDonald’s latest marketing efforts appear to be paying off.
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More changes are coming to BJ’s. Many of the restaurant industry bankruptcy cases will be bearing fruit this fall. And breaking news, people think restaurants are expensive.
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Starbucks, Shari's Restaurants, Chipotle executive
5:59
5:59
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5:59
Starbucks is being sued. Shari’s Restaurants has some issues. And it’s good to be a top Chipotle executive.
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BJ’s CEO, Tim Hortons China, Yelp sues Google
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5:00
Another casual-dining chain is facing a CEO change. China continues to be a problem for Tim Hortons. And KFC U.S. is undergoing another executive shakeup.
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CEO changes, Outback and Carrabba’s, Chipotle
5:25
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5:25
Recent CEO changes indicate industry volatility. Some Outback and Carrabba’s units have been sold. And Chipotle is testing a new swicy protein option.
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Red Lobster, which is closing nearly two dozen more locations, has a new CEO. Starbucks’ new CEO will have a high-flying commute. And Bloomin’ Brands has hired its new CEO away from Delta Air Lines.
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Guillermo Perales, limited-service chains, bankruptcy watch
5:06
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5:06
Guillermo Perales is taking advantage of the buyer’s market. It’s good to be a chicken chain. And Hooters and Black Angus are on bankruptcy watch.
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Taco Bell franchisees will be able to opt out of offering breakfast. Burger King is offering discounts to Walmart shoppers. And Cava had a pretty great second quarter.
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Chick-fil-A drive-thru, industry workforce, KFC closures
7:07
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7:07
Chick-fil-A will open its new fancy drive-thru today. The industry has a smaller workforce than originally thought. And eight KFC restaurants have abruptly closed.
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Corner Bakery-Boston Market, McDonald’s growth, Subway closures
5:37
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5:37
One well-known fast-casual chain is suing another well-known fast-casual chain. McDonald’s is working on a growth spree. And Subway continues to close restaurants.
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Freebirds World Burrito, Circle K-7-Eleven, BurgerFi
6:27
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6:27
Guillermo Perales has another restaurant chain. Circle K’s owner wants to own 7-Eleven, too. And is another restaurant bankruptcy imminent?
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Is Brian Niccol up to the challenge that is Starbucks? Subway is cooking up a new value offering. And here’s how California’s minimum wage boost at QSRs appears to be impacting restaurants there.
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Starbucks, Chick-fil-A, bogus restaurant reviews
5:35
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5:35
Starbucks offered incoming CEO Brian Niccol a hefty pay package. Chick-fil-A has a new president. And The FTC wants to end bogus online restaurant evaluations.
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Chili’s, Flynn Group, Taco Bell nostalgia
6:09
6:09
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6:09
Chili’s is finding success by thinking a bit like a fast-food chain. The world’s largest franchise group is getting a bit bigger. And Taco Bell is turning back the clock.
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Starbucks’ CEO, Chipotle, multiconcept operators
4:57
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4:57
Starbucks is getting a new CEO - can he save the coffee chain? Chipotle is looking for a new leader now as well. And, we take a look at the country’s biggest multiconcept operators.
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Topgolf may be spun off from its relatively new owner. The two presidential candidates appear to be aligned on the topic of taxing tips. And Seattle is mourning the loss of yet another respected chef.
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Earnings challenges, Dutch Bros, Sweetgreen
5:38
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5:38
It has been a challenging earning season for many restaurant chains. Dutch Bros, though, reports strong sales in California. And Sweetgreen is seeing success with a move away from its signature salads.
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Papa Johns sales took a hit in the second quarter. Noodles could close up to 20 restaurants. And Dutch Bros did good, but not good enough for Wall Street.
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McDonald’s is embracing nostalgia. Portillo’s is leaning into a technology trend. And KFC is getting saucy once again.
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Taco Bell, Buca di Beppo bankruptcy, First Watch
6:56
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6:56
Cantina Chicken performed well for Taco Bell last quarter. Buca di Beppo blames the pandemic for its bankruptcy. And First Watch reported sluggish traffic.
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More bankruptcies, outdoor dining, Massachusetts happy hour
5:19
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5:19
Two more restaurant companies have filed for bankruptcy. Cities continue to look for outdoor-dining solutions. And happy hour will remain illegal in Massachusetts, at least for now.
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Friday’s jobs report sent stocks plunging. Is there an easy fix for Starbucks? And a trade group is taking up the flight on junk fees.
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Papa Johns has a new CEO, and he may seem familiar. Rubio’s has been sold to its lender. And Shake Shack is on a roll.
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Wingstop had a huge quarter. Starbucks did not. And the owner of Logan’s Roadhouse has purchased two more concepts.
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California fast food, Taco Bell international, Buca di Beppo
5:17
5:17
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5:17
Higher prices appear to be driving away fast-food consumers in California. Taco Bell sees the future in its international markets. And a casual-dining Italian chain is closing a significant portion of its locations.
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McDonald’s took its first sales hit in several years. The parent company to Newk’s is shopping for a new brand. And IHOP is launching all-you-can-eat pancakes at a new time of year.
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Texas Roadhouse, New York hotels, Chipotle forecasting
5:38
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5:38
It was another big quarter for Texas Roadhouse. A significant change might be coming to foodservice at New York City’s hotels. And Chipotle said it’s getting harder to predict consumer demand.
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Chipotle portions, Wingstop Paris, California heat
5:40
5:40
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5:40
Chipotle released astounding sales and traffic numbers following consumer complaints about portion sizes. Wingstop is launching its first Paris restaurant as a popup. And California has new rules to protect workers from the heat.
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Food safety, Bojangles-AI, Starbucks’ sustainability
4:33
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4:33
Major changes to federal food safety oversight could be on the way. Bojangles is finding success with drive-thru AI. And Starbucks is expanding its solar energy efforts.
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Red Lobster, MOD Pizza, McDonald’s $5 meal
5:37
5:37
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5:37
Red Lobster will soon have a new owner. MOD Pizza has seen some executive departures amid its recent sale. And McDonald’s is extending the run of its popular value meal.
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Insomnia Cookies, Panera, joint employer
5:14
5:14
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5:14
Krispy Kreme has sold Insomnia Cookies to private equity firms. Panera is also apparently trying to offload secondary concepts. And the NLRB is backing down on the joint-employer fight.
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Domino’s loyalty, tech outage, Compass Coffee-union
5:18
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5:18
Domino’s loyalty program is proving to be a major traffic booster. A massive tech outage is hindering some restaurant operations. And one regional coffee chain’s union activity is being put on hold.
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Darden-Chuy’s, mixed bag for Domino’s, Tender Greens bankruptcy
5:09
5:09
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5:09
Darden is pursuing another big casual-dining acquisition. Domino’s earnings were good, but Wall Street’s reaction was bad. And another small restaurant company has filed for bankruptcy.
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Steak chains, restaurant traffic, Smoothie King
4:33
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4:33
Steak is apparently a cash cow for restaurants. Pricing continues to have an impact on traffic. And Smoothie King had a busy second quarter.
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Restaurant traffic trends, the return of Steak and Ale, and mourning Naomi Pomeroy
6:40
6:40
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6:40
We have an update on restaurant traffic trends, including some good news. A long-defunct chain returns with a new Minnesota location. And the community is mourning the loss of a beloved chef.
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Franchise practices, MOD’s owner, gamification
5:16
5:16
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5:16
Might the FTC be preparing to increase its franchising regulations? Here’s what we know about MOD Pizza’s new owner. And gamification is making new inroads in restaurant tech.
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FTC-junk fees, NYC delivery wages, matcha
4:16
4:16
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4:16
The FTC is putting an end to franchise junk fees. New York City says its wage hike for delivery drivers has been a success. And here’s how one growing coffee chain is innovating with matcha.
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MOD Pizza, discounts, Beastie Boys vs. Brinker
3:12
3:12
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3:12
MOD Pizza has been sold. The wave of restaurant discounts appears to be working. And Chili’s gets sued by the Beastie Boys.
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Mergers and acquisitions, Chipotle’s CFO, Burger King
4:03
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4:03
It’s a strange moment for restaurant mergers and acquisitions. Chipotle’s CFO is retiring. And Burger King is heating up its menu.
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McDonald’s $5 meal, reusable cups, tech surprises
3:38
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3:38
Customers found a loophole in McDonald’s $5 meal deal. Fast-food restaurants in a California city are switching to reusable cups. And two big AI suppliers are joining forces.
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MOD bankruptcy, Panera’s menu, Dave’s Hot Chicken
4:48
4:48
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4:48
A fast-growing pizza chain is expected to file for bankruptcy protection. Panera’s overhauled menu appears to be a hit. And Dave’s Hot Chicken is expanding to a new country.
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MOD bankruptcy, LA labor bill, menu news
2:52
2:52
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2:52
MOD Pizza is reportedly considering a bankruptcy filing. Fast-food restaurants in LA are facing more labor regulations. And menu innovation is defying the dog days of summer.
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California restaurant traffic, Boston Market, heat safety
5:08
5:08
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5:08
How is California’s new fast-food minimum wage impacting restaurant traffic? Boston Market’s creditors are finding there’s not much in the bank. And the president is cracking down on heat safety for workers.
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RBI China, Craveworthy Brands, Chipotle
3:45
3:45
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3:45
Restaurant Brands International is buying back its China business. Craveworthy Brands opened a food hall. And Chipotle taps Olympic athletes for its latest promotion.
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Value meals, Kura Sushi, organic growth
2:50
2:50
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2:50
The summer of the value meal is upon us. Kura Sushi says business slowed in California. And which chains saw the most organic growth last year?
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Service fee ban, sandwich chains, bankruptcies
4:36
4:36
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4:36
California restaurants get a reprieve from a service fee ban. Americans still love sub sandwiches. And what’s behind the recent wave of restaurant bankruptcies?
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Another bankruptcy, Panera data breach, Chick-fil-A
4:16
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4:16
An Arby’s operator declared bankruptcy. Panera Bread confirms it was hit with a cyberattack. And consumers are finding less value at Chick-fil-A.
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Starbucks-energy drinks, Perkins revamp, Grubhub-grocery
3:33
3:33
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3:33
Starbucks is serving its customers an added jolt. Perkins is undergoing an extreme makeover. And Grubhub is taking a big plunge into grocery delivery.
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