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Restaurant industry trends, finance, operations and marketing.

Why Red Lobster May Close More Restaurants
VideoFeb 17, 2026

Why Red Lobster May Close More Restaurants

Red Lobster’s CEO Deola Amolan told the Wall Street Journal the chain will likely shutter more restaurants, extending the closures that began during its 2024 bankruptcy filing. The company eliminated about 130 sites—roughly one‑fifth of its footprint—in 2024 and is now...

By Restaurant Business
How Starbucks Is Changing Its Coffee Shops
VideoFeb 11, 2026

How Starbucks Is Changing Its Coffee Shops

Starbucks is undertaking a sweeping redesign of its coffee shops, emphasizing more seating, a unified service standard, and greater store‑level autonomy. Chief Operating Officer Mike Grahams explained that the company has re‑introduced roughly 25,000 seats across locations, turning former...

By Restaurant Business
How Will Chipotle Lift Itself Out of Its Sales Slump?
VideoFeb 11, 2026

How Will Chipotle Lift Itself Out of Its Sales Slump?

Chipotle Mexican Grill closed its most challenging fiscal year in a decade, posting a full‑year same‑store sales decline of 1.7% and a roughly 3% dip in customer traffic – the first negative year‑over‑year result since 2016. The slowdown mirrors a...

By Restaurant Business