California restaurants are poised to further hike prices after a junk-fee ban in the state mandated that restaurants and bars fold mandatory fees into listed menu prices. On Wednesday, the California Attorney General’s office laid out how the junk-fee ban, dubbed SB 478, will affect restaurant service fees when it goes into effect on July 1. … Read more
Red Lobster is reportedly weighing a possible Chapter 11 bankruptcy filing in order to restructure its mounting debt. The seafood restaurant chain — which has 649 locations nationwide — has sought advice from law firm King & Spalding on how to shed some long-term contracts and renegotiate a chunk of its leases, people with knowledge … Read more
Nice work, if you can get it. Employees at one of Manhattan’s hottest new takeout spots have it pretty good — they’re pulling down $25 an hour to start, plus they get sick leave, paid vacations and soon, stock options. But if you stop by Kernel, a vegan restaurant now open on Park Ave. So. and … Read more
At BK, having it you’re way now comes with a crown. Burger King employees have been ordered to tell customers “You rule” and to offer them a cardboard crown as a gesture of thanks for ordering a whopper or anything else on the menu. The Florida-based fast food chain is planning to send monitors to … Read more
Chuck E. Cheese, the restaurant chain that emerged from bankruptcy three years ago, is exploring a sale amid acquisition interest, according to people familiar with the matter. The Irving, Texas-based company, known for its arcade games and rat mascot Charles Entertainment “Chuck E.” Cheese, is working with investment bank Goldman Sachs on an auction process that could attract … Read more
