Restaurant & Bar News

MONTREAL--(BUSINESS WIRE)--Today, Kraft Heinz Canada announced a $250 million investment to modernize its Mont Royal factory in Montreal. This significant investment reinforces the company’s commitment to Canadian manufacturing and the homegrown production of its iconic brands. These funds will be directed toward upgrading and modernizing key plant systems at the Mont Royal facility – which employs over 1,000 employees – to enhance efficiency, sustainability, and innovation. As part of this inv...

NEW YORK--(BUSINESS WIRE)--Five years ago, Bilt entered housing with a simple belief: your biggest expense shouldn’t just be a bill. It should feel like a membership. We built rewards on rent. We brought hospitality to housing. And as we did, we kept coming back to the same source of inspiration: the neighborhood restaurant: the table that feels like it’s yours, the moment a guest walks in and the room already knows them. Hospitality has always lived there. And the operators who built it have s...

MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties (“FCPT” or the “Company”), is pleased to announce the acquisition of a Panera Bread property for $3.8 million. The property is located in a highly trafficked corridor in Kentucky and is corporate-operated under a triple net lease with approximately six years of term remaining....

HOUSTON--(BUSINESS WIRE)--RCI Hospitality Holdings, Inc. (Nasdaq: RICK) today filed its Form 10-K and reported results for the fiscal 2025 fourth quarter and year ended September 30, 2025. Summary Financials (in millions, except EPS) 4Q25   4Q24   FY25   FY24   Total revenues $70.9   $73.2   $279.4   $295.6   EPS $(0.63)   $0.03   $1.23   $0.33   Non-GAAP EPS1 $(0.12)   $1.63   $2.12   $4.72   Impairments and other charges, net $3.7   $10.1   $5.9   $36.6   Net cash provided by operating activi...

BALTIMORE--(BUSINESS WIRE)--Pompeian Accelerates U.S. Growth With nearly $10M Investment in Baltimore HQ...

LOUISVILLE, Ky.--(BUSINESS WIRE)--AyrKing's new 8-gallon Mixstir blends batter in 60 seconds without aeration, automating hand-stirring and freeing labor in high-volume kitchens....

WYOMISSING, Penn. & AURORA, Ill.--(BUSINESS WIRE)--PENN Entertainment, Inc. (“PENN” or the “Company”) (Nasdaq: PENN) announced today that it expects to open the new land-based Hollywood Casino Aurora to the public on Wednesday, June 24, pending customary regulatory approvals. This will be the second all-new PENN property to open in the Chicagoland region following the grand opening of the land-based Hollywood Casino Joliet in August 2025. The new $360 million entertainment destination is being...

HOUSTON--(BUSINESS WIRE)--RCI Hospitality Holdings, Inc. (Nasdaq: RICK) plans to file its Form 10-K and report financial results for the fiscal 2025 fourth quarter and year ended September 30, 2025, after the market closes today. The Company will hold a related conference call on X Spaces at 4:30 PM ET. X Spaces Call & Presentation Call link: https://x.com/i/spaces/1NGaraDpQRqJj (X log in required). Presentation link: https://www.rcihospitality.com/investor-relations/. To ask questions duri...

ZURICH, Switzerland--(BUSINESS WIRE)--Extra virgin olive oil (EVOO) is not only one of the symbolic ingredients of Mediterranean cuisine: it also represents an internationally recognised healthy lifestyle. Thanks to its organoleptic and nutritional properties – including its high content of polyphenols and monounsaturated fats – EVOO is one of the pillars of the Mediterranean diet, a dietary model appreciated worldwide for its positive effects on health and sustainability. Today, thanks to coll...

ARLINGTON, Va.--(BUSINESS WIRE)--Qu, the pioneer of the restaurant industry’s first unified commerce platform, today released its seventh annual Restaurant Technology Benchmark Report, finding that, despite margin pressure, brands are investing heavily in technology, including AI, to combat economic headwinds and declining guest traffic. The data also underscores a major challenge for restaurant brands: operational gaps between order processing and food preparation, leading to fragmented guest...