Food & Beverage News

“We’re filled with joy to share the sweet news that Krispy Kreme is opening in Times Square,” said Michael Tattersfield, chief executive officer of Krispy Kreme Doughnut Corp. “We said earlier this year that when New York City and Times Square are ready, we’ll be ready. We can’t wait to bring a new bright Hot…

Risley, a seasoned hospitality executive, brings a long track record of attracting and developing high-level talent to Whiskey Cake. With an impressive history of progressing leaders in the industry, Risley creates a culture amongst employees that promotes the continued ability to adapt, evolve and thrive. “Ray’s strength in growing brands through investment in team is…

Faced with a treacherous casual-dining environment, Famous Dave’s is approaching historical sales levels this quarter. The brand declined 7.4 percent in July after seeing a 22.9 percent decrease at company-operated stores in Q2 and a 31.5 percent slide at franchises. Fueling the consistent improvement in sales has been growth in off-premises. Early into the pandemic,…

Back in March, the COVID pandemic hit Chuy’s as hard as any other full-service brand. The chain was forced to furlough 80 percent of its hourly staff and operate off-premises with limited menus at 92 of its 101 locations. Same-store sales reached a low of 67 percent in the week ending March 22. But as dining rooms…

As the end of Chicago’s patio season approaches, restaurant leaders are urging local officials to take a cue from Northern European cities and Colorado ski towns to encourage outdoor seating even as the weather turns cold. Sam Toia, president and CEO of the Illinois Restaurant Association, said the trade group has been having conversations with…

Robert Thompson has resigned as CEO of Punch Bowl Social, the food-and-entertainment concept he founded eight years ago, to form an innovation lab for developing products aimed at millennials and Gen Zers. His resignation is the latest twist for a venture formerly hailed as one of the restaurant industry’s hottest concepts. Thompson had successfully pitched…

Famed chef and restaurateur Thomas Keller on Wednesday announced that one of his newest restaurants is closing permanently because of “irreparable damage” from the pandemic: TAK Room in New York City’s Hudson Yards complex. His Thomas Keller Restaurant Group is also shuttering a location of Bouchon Bakery that was also in the sprawling 18 million-square…

Red Robin Gourmet Burgers reported a net loss of $56.3 million for the second quarter, a plunge the casual-dining company said was driven by multiple operational shifts tied to the COVID-19 pandemic. Same-store sales decreased 41.4% for the quarter, driven by a 38.5% decrease in guest traffic and  a 2.9% decrease in average check. The latter…

Despite the ongoing pandemic, consumers are warming more to the notion of dining out — something they yearn to do more — but more than two-thirds say they still prefer cooking and eating at home out of concern about exposure to coronavirus, according to new research by global consulting firm AlixPartners. Adam Werner, AlixPartners managing…