Restaurant News

Agot AI, a restaurant tech startup Agot AI has completed the $10 million seed financing round that includes Continental Grain, the Kitchen Fund and Grit Ventures as investors. The company uses overhead cameras in restaurants’ kitchens and makes use of computer vision to determine whether workers are making orders properly. The increase in drive-thru orders …

Tech Start-Up Wants computer vision for your fast-food orders made with precision Read More »

Over half the restaurant operators interviewed through the National Restaurant Association say that the business environment is worse than they were three months ago. The delta variation as well as understaffed restaurants and high prices for food are among the challenges facing the industry. Only 9 percent of respondents reported that business conditions had were …

Majority Of Restaurant Says Conditions Are Worst Now Then 3 Months Ago Read More »

Contrary to the majority of competitors in the restaurant industry that use a franchise model, Chipotle Mexican Grill is the sole owner of all its 3,000 the road to a goal of 6,000. This means that it also has the relationships with close to 100,000 employees, with many of them working on the front line and in less-paying, …

How Chipotle Feels About Spending 2 Billion On Employees Read More »

Domino’s Pizza CEO Ritch Allison has told the CNBC’s Jim Cramer the American restaurant business is hurt by the slowing of immigration into the country. “It’s an uphill climb. It’s a challenge in the U.S. with minimal population growth organically, we have a problem require the immigrants in our industry in order to keep having sufficient team members,” Allison …

Dominos CEO Says America Needs More Immigrants To Address Labor Shortage Read More »

Salad chain Sweetgreen has filed to be listed with the New York Stock Exchange under the ticker SG. The fiscal year ended December. 27 Sweetgreen recorded a net loss $141.2 million, on revenue in the range of $220.6 million. The business of the salad chain has recovered this year with sales in the same-store increasing …

Restaurant Plans To Go Public Read More »