Fast-casual restaurants, on-site segments lead industry growth in 2024The recent slowing of consumer store traffic is creating challenges for the restaurant industry — but for some industry segments more than others. Store Expansion News: July updateWelcome to Store Expansion News, Chain Store Age's monthly roundup of brick-and-mortar expansion plans across the retail industry. Papa Johns taps former Wendy's leader as new CEO Papa John’s International, Inc. has a new president and CEO. Experiential Brands debuts food hall concept in Atlanta Experiential Brands is rolling out a new fast-casual concept that will house its four brands under one roof. Taco Bell to roll out AI ordering at drive-thru lanes in hundreds of locations Customers at Taco Bell drive-thru locations may soon have their orders taken by AI. Starbucks same-store sales fall for second consecutive quarter Starbucks reported a mixed third quarter with earnings that topped Street estimates but sales that came up short. Chick-fil-A ramping up expansion in Puerto Rico Chick-fil-A is accelerating its growth in Puerto Rico. Commercial real estate and restaurant industry hit hard by current economic trends Recent economic trends have profoundly impacted both the commercial real estate industry and the restaurant and hospitality sector. Starbucks invests in solar for 170 Illinois stores Starbucks has entered into a new solar power partnership to help power its stores in one of America’s largest states. Chipotle income, sales, traffic rise in strong quarter Chipotle Mexican Grill reported another strong quarter as it continues to buck industry trends with rising sales and restaurant traffic. First Previous 4 5 6 7 8 Next Last
