First Watch has lower manager turnover than its peers. / Photograph courtesy of First Watch
Restaurant Business Exclusive Content
Financing
Why population trends may help, and hurt, restaurants
The Bottom Line: Darden CEO Rick Cardenas told investors this week that demographic trends are shifting in restaurants’ favor. But some demographic trends will be a headwind.
Financing
TGI Friday's closures continue the bar & grill sector's long decline
The Bottom Line: The chain has been struggling in the U.S. for years as domestic consumers shift spending away from traditional bar & grill chains.
Financing
How many Boston Market locations are left? That's a good question
The fast-casual chain appears to have closed at least one-third of its restaurants in 2023, and likely many more as years of decline become a freefall. But how many it has remains a mystery.