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Financing

Fat Brands lenders want Andy Wiederhorn suspended

A group of the fast-food operator’s bondholders want the company’s CEO suspended after a stock sale involving Twin Peaks. They also questioned the executive’s control over the company.

Financing

Inside the Starbucks turnaround

The coffee shop giant has spent the past 18 months returning to its roots as a coffee shop where customers want to stay. Now the company plans to go on offense.

Tennessee-based Bluemont Group was throwing away millions of dollars' worth of unsold doughnuts a year. Enter Do’Cast, an AI camera system that is helping it match supply with demand.

The Week in Restaurants: This week’s episode of the weekly restaurant news discussion podcast looks at the fast-casual burrito chain’s tough year, Subway’s franchisee bankruptcy and Yum Brands.

The Bottom Line: The two Mexican chains have long been among the industry’s most consistent performers. But that changed last year, at least for one of them.

Executive Summary: Here are the latest leadership changes in the restaurant industry.

The Brazilian steakhouse chain tapped “brand matriarch” Selma Oliveira to lend her identity to the AI answering system, which is designed to take some pressure off employees.

The 400-unit family-dining chain had been owned by Golden Gate Capital since 2017. Its new owner is planning long-term growth.

The chain unveiled a new format for groups of 10 to 10,000, allowing guests to create an off-premise makeline. It's the latest fast-casual chain to push hard into catering.

Recent data from OpenTable finds that friends, groups and even solo diners plan to visit a restaurant on the traditionally romantic holiday.

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