How Newk’s Eatery is faring after being quietly sold to Beef O’Brady’s parent company - Restaurant news - NewsLocker (2024)

Table of Contents
More restaurant bankruptcies, outdoor dining, Massachusetts happy hour Bar Louie is partnering with Illy Caffè in new espresso program Jennifer Jasinski and Beth Gruitch hand management of two restaurants to a new generation Advertisem*nt From ‘emerging leader’ to the C-suite: A look at Michelle Hook’s career path to Portillo’s CFO New York City is about to get rid of about 75% of its pandemic-era outdoor dining structures Popeyes adds chocolate chip biscuit and apple caramel cheesecake Scooter’s Coffee expands across six states Advertisem*nt Restaurant veteran Lynette McKee of Potbelly on the state of franchising Buca di Beppo files for Chapter 11 bankruptcy protection Buca di Beppo files for Chapter 11 bankruptcy Jimmy John’s, Hardee’s, and Taco John’s join the value-menu game Menu Tracker: New items from Dunkin’, IHOP, and Sonic Drive-In El Pollo Loco’s margin improvement efforts seem to be paying off Chili’s shifts back to Ziosk for tabletop tablets How Starbucks can get back on track after two rough quarters Wingstop teases Paris debut with Olympics pop-up CEOs across industries join No Kid Hungry to help close the summer hunger gap 12 restaurant executives on the move in July, including leaders at Starbucks, Topgolf, and Cracker Barrel Restaurant sector experiences its lowest monthly quit rate since 2015 Papa Johns’ new CEO, Rubio’s sale to lender, Shake Shack’s good quarter Wendy’s sees sales strength in breakfast daypart FAT Brands reports 1.6% same-store sales decline as company continues to focus on development Rubio’s sold to its lender The Original Fish Taco, affiliate of TREW Capital Management, for $40 million 2024 Top 500: Restaurants ranked No. 250 – No. 201 Starbucks confirms activist investor Elliott Management’s involvement with the chain Cheesecake leans into rewards program in promotional environment Shake Shack moves to improve throughput Why Todd Penegor came out of retirement to lead Papa Johns References
  • 05-08-2024 23:02 via nrn.com

    How Newk’s Eatery is faring after being quietly sold to Beef O’Brady’s parent company - Restaurant news - NewsLocker (1)

    Frank Paci, CEO of Newk’s Eatery, discusses the benefits of operating under FSC Franchise Co. – from resource-sharing to real estate opportunities

    Read more

  • More restaurant bankruptcies, outdoor dining, Massachusetts happy hour

    06-08-2024 15:51 via nrn.com

    How Newk’s Eatery is faring after being quietly sold to Beef O’Brady’s parent company - Restaurant news - NewsLocker (2)

    Get all the headlines in the Restaurant Daily podcast.

    Read more

  • Bar Louie is partnering with Illy Caffè in new espresso program

    06-08-2024 00:18 via nrn.com

    How Newk’s Eatery is faring after being quietly sold to Beef O’Brady’s parent company - Restaurant news - NewsLocker (3)

    The chain is installing machines and incorporating the coffee in its co*cktails

    Read more

  • Jennifer Jasinski and Beth Gruitch hand management of two restaurants to a new generation

    05-08-2024 21:33 via nrn.com

    How Newk’s Eatery is faring after being quietly sold to Beef O’Brady’s parent company - Restaurant news - NewsLocker (4)

    Adam Branz is now sole operating partner of Ultreia and Tim Kuklinski is in charge of Bistro Vendôme

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  • Advertisem*nt

  • From ‘emerging leader’ to the C-suite: A look at Michelle Hook’s career path to Portillo’s CFO

    05-08-2024 20:36 via nrn.com

    How Newk’s Eatery is faring after being quietly sold to Beef O’Brady’s parent company - Restaurant news - NewsLocker (5)

    Hook spent 17 years at Domino’s working her way up from senior manager to vice president. She joined Portillo’s as chief financial officer in late 2020

    Read more

  • New York City is about to get rid of about 75% of its pandemic-era outdoor dining structures

    05-08-2024 20:33 via nrn.com

    How Newk’s Eatery is faring after being quietly sold to Beef O’Brady’s parent company - Restaurant news - NewsLocker (6)

    Applications to operate an outdoor dining structure as part of the new Dining Out NYC program were due Aug. 3 and only 3,000+ operators applied

    Read more

  • Popeyes adds chocolate chip biscuit and apple caramel cheesecake

    05-08-2024 16:54 via nrn.com

    How Newk’s Eatery is faring after being quietly sold to Beef O’Brady’s parent company - Restaurant news - NewsLocker (7)

    Menu dessert items debut Aug. 5, and $20 and $25 Bigger Boxes will launch Aug. 12

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  • Scooter’s Coffee expands across six states

    05-08-2024 16:35 via nrn.com

    How Newk’s Eatery is faring after being quietly sold to Beef O’Brady’s parent company - Restaurant news - NewsLocker (8)

    Fast-growing Brand Adds 17 New Franchises in July

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  • Advertisem*nt

  • Restaurant veteran Lynette McKee of Potbelly on the state of franchising

    05-08-2024 15:40 via nrn.com

    How Newk’s Eatery is faring after being quietly sold to Beef O’Brady’s parent company - Restaurant news - NewsLocker (9)

    This week on Extra Serving, a podcast from Nation’s Restaurant News, editor-in-chief Sam Oches sits down with Lynette McKee, senior vice president of franchising for Potbelly Sandwich Works. Lynette is an industry franchising veteran who worked with

    Read more

  • Buca di Beppo files for Chapter 11 bankruptcy protection

    05-08-2024 14:08 via nrn.com

    How Newk’s Eatery is faring after being quietly sold to Beef O’Brady’s parent company - Restaurant news - NewsLocker (10)

    The family-style Italian concept closed more than a dozen underperforming stores last week

    Read more

  • Buca di Beppo files for Chapter 11 bankruptcy

    05-08-2024 14:08 via nrn.com

    How Newk’s Eatery is faring after being quietly sold to Beef O’Brady’s parent company - Restaurant news - NewsLocker (11)

    The family-style Italian concept closed over a dozen underperforming stores last week

    Read more

  • Jimmy John’s, Hardee’s, and Taco John’s join the value-menu game

    05-08-2024 12:00 via nrn.com

    How Newk’s Eatery is faring after being quietly sold to Beef O’Brady’s parent company - Restaurant news - NewsLocker (12)

    The bundles come as many limited-service chains struggle with traffic

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  • 05-08-2024 02:39 via nrn.com

    How Newk’s Eatery is faring after being quietly sold to Beef O’Brady’s parent company - Restaurant news - NewsLocker (13)

    The Tampa, Fla.-based concept experienced a 13% sales decline in 2023 versus 2022, as well as a 12.5%-unit count decline.

    Read more

  • Menu Tracker: New items from Dunkin’, IHOP, and Sonic Drive-In

    02-08-2024 20:27 via nrn.com

    How Newk’s Eatery is faring after being quietly sold to Beef O’Brady’s parent company - Restaurant news - NewsLocker (14)

    Plus innovation at Baja Fresh, Blaze Pizza, Bruster’s Real Ice Cream, Burgerville, Friendly’s, Fuzzy’s Taco Shop, Gott’s Roadside, Junior’s Restaurant, La Madeleine, Ninety Nine Restaurant & Pub, Nothing Bundt Cakes, Robeks, Snappy Salads, Taco Time, Tender Greens, and Velvet Taco

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  • El Pollo Loco’s margin improvement efforts seem to be paying off

    02-08-2024 19:51 via nrn.com

    How Newk’s Eatery is faring after being quietly sold to Beef O’Brady’s parent company - Restaurant news - NewsLocker (15)

    The chain reported a 4.5% increase in comp store sales and a 170-basis-point improvement in margins, to 18.6%

    Read more

  • Chili’s shifts back to Ziosk for tabletop tablets

    02-08-2024 19:49 via nrn.com

    How Newk’s Eatery is faring after being quietly sold to Beef O’Brady’s parent company - Restaurant news - NewsLocker (16)

    Casual-dining brand rolls out pay-at-table platform to more than 1,100 locations

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  • How Starbucks can get back on track after two rough quarters

    02-08-2024 19:25 via nrn.com

    How Newk’s Eatery is faring after being quietly sold to Beef O’Brady’s parent company - Restaurant news - NewsLocker (17)

    Analysts and experts weigh in on the best ways to get Starbucks’ same-store sales numbers back in the black again

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  • Wingstop teases Paris debut with Olympics pop-up

    02-08-2024 19:05 via nrn.com

    How Newk’s Eatery is faring after being quietly sold to Beef O’Brady’s parent company - Restaurant news - NewsLocker (18)

    ‘House of Flavor’ activation features tossed wings as well as basketball, art and culture

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  • CEOs across industries join No Kid Hungry to help close the summer hunger gap

    02-08-2024 18:18 via nrn.com

    How Newk’s Eatery is faring after being quietly sold to Beef O’Brady’s parent company - Restaurant news - NewsLocker (19)

    Iconic Brands like Chipotle Mexican Grill, Denny’s, Inspire Brands, Fogo de Chão, Jack in the Box, Macy’s, Inc. and Tropical Smoothie Cafe Pioneering the Effort

    Read more

  • 12 restaurant executives on the move in July, including leaders at Starbucks, Topgolf, and Cracker Barrel

    02-08-2024 17:06 via nrn.com

    How Newk’s Eatery is faring after being quietly sold to Beef O’Brady’s parent company - Restaurant news - NewsLocker (20)

    Three restaurant companies got new CEOs last month

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  • Restaurant sector experiences its lowest monthly quit rate since 2015

    02-08-2024 16:13 via nrn.com

    How Newk’s Eatery is faring after being quietly sold to Beef O’Brady’s parent company - Restaurant news - NewsLocker (21)

    Eating and drinking places added a net 19,500 jobs in July, versus -3,100 in June, and about 16,500 in May

    Read more

  • Papa Johns’ new CEO, Rubio’s sale to lender, Shake Shack’s good quarter

    02-08-2024 15:02 via nrn.com

    How Newk’s Eatery is faring after being quietly sold to Beef O’Brady’s parent company - Restaurant news - NewsLocker (22)

    Get all the headlines in the Restaurant Daily podcast.

    Read more

  • Wendy’s sees sales strength in breakfast daypart

    01-08-2024 22:30 via nrn.com

    How Newk’s Eatery is faring after being quietly sold to Beef O’Brady’s parent company - Restaurant news - NewsLocker (23)

    CEO Kirk Tanner says burger brand has yet to reach potential in ‘highly profitable’ menu offering

    Read more

  • FAT Brands reports 1.6% same-store sales decline as company continues to focus on development

    01-08-2024 22:21 via nrn.com

    How Newk’s Eatery is faring after being quietly sold to Beef O’Brady’s parent company - Restaurant news - NewsLocker (24)

    FAT Brands has a pipeline of 1,100 stores even though the company reported another net loss for the second quarter

    Read more

  • Rubio’s sold to its lender The Original Fish Taco, affiliate of TREW Capital Management, for $40 million

    01-08-2024 20:55 via nrn.com

    How Newk’s Eatery is faring after being quietly sold to Beef O’Brady’s parent company - Restaurant news - NewsLocker (25)

    TREW Capital had acquired Rubio’s debt, reportedly over $72 million, in March, two months before the California-based brand declared bankruptcy

    Read more

  • 2024 Top 500: Restaurants ranked No. 250 – No. 201

    01-08-2024 19:42 via nrn.com

    How Newk’s Eatery is faring after being quietly sold to Beef O’Brady’s parent company - Restaurant news - NewsLocker (26)

    Every year, Nation’s Restaurant News presents the Top 500 biggest restaurants in America, ranked by systemwide sales in the previous fiscal year. This year, we’re using data from our partners at Technomic to give you the best report yet.In this rep

    Read more

  • Starbucks confirms activist investor Elliott Management’s involvement with the chain

    01-08-2024 19:03 via nrn.com

    How Newk’s Eatery is faring after being quietly sold to Beef O’Brady’s parent company - Restaurant news - NewsLocker (27)

    Starbucks CEO Laxman Narasimhan says Elliott is a shareholder and that ‘their conversations to date have been constructive’

    Read more

  • Cheesecake leans into rewards program in promotional environment

    01-08-2024 18:55 via nrn.com

    How Newk’s Eatery is faring after being quietly sold to Beef O’Brady’s parent company - Restaurant news - NewsLocker (28)

    Casual-dining company taps its year-old platform to communicate with customers

    Read more

  • Shake Shack moves to improve throughput

    01-08-2024 18:31 via nrn.com

    How Newk’s Eatery is faring after being quietly sold to Beef O’Brady’s parent company - Restaurant news - NewsLocker (29)

    New CEO Rob Lynch lays out his priorities for the restaurant chain

    Read more

  • Why Todd Penegor came out of retirement to lead Papa Johns

    01-08-2024 18:30 via nrn.com

    How Newk’s Eatery is faring after being quietly sold to Beef O’Brady’s parent company - Restaurant news - NewsLocker (30)

    The former Wendy’s CEO has embarked upon an ‘aggressive 100-day plan to get fully immersed’ and learn what the pizza chain’s priorities should be

    Read more

  • How Newk’s Eatery is faring after being quietly sold to Beef O’Brady’s parent company - Restaurant news - NewsLocker (2024)

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