THE PUNCH BOWL SOCIAL FOUNDER IS BACK WITH BIG IDEAS—AND THE CAPITAL TO BACK THEM UP.

Punch Bowl Social founder Robert Thompson has secured over $200 million to feed his up-and-coming eatertainment babies. He attracted investments from prestigious names in the restaurant industry like Bill Allen—co-founder of Fleming’s Prime Steakhouse and former CEO of Bloomin’ Brands—and Stephen King, who served as CEO of eatertainment chain Dave & Buster’s for over a…

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Palermo’s Primo Thin pizza gets new look, new varieties

Palermo Villa, Inc. is expanding its Primo Thin line of frozen pizzas with the addition of two new varieties: Avocado Club and Southwest Veggie. The company also is giving its packaging a makeover, adding nutritional callouts that highlight the brand’s low-calorie counts. The new Avocado Club pizza comes on a whole wheat crust and includes…

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The demand for restaurant real estate is ‘through the roof’

Data from JLL and Placer.ai shows a significant uptick in demand for drive-thru locations, including drive-thrus with multiple lanes. We’ve tried to articulate the state of the consumer for about a year now and more signs are starting to show of a pullback on discretionary spending. That said, consumers have largely shown a sustained willingness to…

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KFC Tests a New Bbowl as it Focuses on Attracting Younger Consumers

KFC’s accelerated cadence of boneless, portable, individualized product offerings is intentional as the restaurant chain looks to expand its consumer base. KFC is testing Smash’d Potato Bowls in Pittsburgh for a limited time. The bowls include KFC’s Secret Recipe Fries, mashed potatoes with a warm cheese sauce, bacon crumbles, and a three-cheese blend, and are…

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McDonald’s Adds Two New Sauces to its Lineup

The restaurant’s new sauces come shortly after the chain began offering its signature Big Mac sauce a la carte for the first time, signaling a sharpened focus on this part of the menu, which has historically served as more of an accessory. McDonald’s is introducing two new sauces – the Sweet & Spicy Jam Sauce…

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Global Foodservice News – September 15, 2023 Edition

Delivering the Digital Restaurant: Chinese Food Delivery in a Competitive Delivery Era   Chinese food delivery has a long history in the U.S. There are more than 30,000 Chinese restaurants in America, a number that exploded around Nixon’s trip to China in the ’70s, but which has started to decline as the first-generation immigrants who…

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Epic Burger to more than double in unit count

The Chicago-based Epic Burger chain has acquired all six Meatheads Burger locations across the Windy City with plans to convert them by Dec. 1. The move, which was announced on Thursday, will allow the Epic Burger concept to more than double in unit count from its current five units to 11 in the Chicagoland area.…

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New Report Looks at the Key Challenges that Social Media Marketers Face

New Report Looks at the Key Challenges that Social Media Marketers Face in 2023 Social media managers are regularly asked to take on a number of different roles, based on the evolution of platforms, the development of new strategies, target audience, staffing situations, etc. But it’s that variation that often makes the job so interesting,…

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