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Financing

Lessons in investing from David Rubenstein

The Bottom Line: The cofounder of The Carlyle Group, an active investor in the restaurant space, revealed the private-equity firm’s return on its McDonald’s China investment and dished out wisdom.

Financing

Firebirds Wood Fired Grill carves out a niche in polished casual

The full-service chain is hitting a sweet spot for value-conscious consumers, who are trading up and down to visit the growing brand, even at lunch.

The Bottom Line: The restaurant industry kicked off January with new value offers, limited-time offers and an awful lot of new protein products.

Tech Check: Delivery Collective is betting that integrating with POS providers and ChatGPT can create a lower-cost alternative to the major delivery apps. Can it really challenge the giants?

The fast-casual burger chain has changed its strategy under Lynch to be a more everyday occasion. Here’s how, and why, the company’s CEO believes that is the right strategy.

The value-positioned casual-dining concept has a Tap Wall with about 50 beverage offerings, from craft beer to cocktails. The Florida-based multi-concept group is moving the brand into Texas for the first time this year.

The Bottom Line: Salad and Go and Sweetgreen are two different restaurant chains. But their respective challenges speak to the same problem: There is only so much demand for salad.

This Miami Beach hotspot recorded more than $51 million in revenue in 2024, taking the No. 1 spot on the Top 100 Independent Restaurant List. Parent Riviera Dining Group is replicating Mila's multi-venue model.

The Bottom Line: The company, which also owns Smashburger and other international brands, is planning to spin off its business outside the Philippines, followed by a U.S. initial public offering.

Restaurant customers refuse to skimp on flavor at a lower price and will go somewhere else if they feel quality is declining, according to a new consumer survey from Alvarez & Marsal.

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