Shake Shack Inc. filed for an initial public stock offering on Monday. That caps an amazing run for a concept that began in 2001 as a hot dog cart in New York City’s Madison Square Park. The prospectus filed with the Securities and Exchange Commission lists the proposed maximum aggregate offering price as $100 million; [...]
Canadian fast-casual burger chain South St. Burger Co. opens its 29th location this week, but one of its stores is not like the others. No. 28, which opened last month on King Street in Toronto, is branded South St. Burger Bar. More like a pub than a typical fast-casual burger restaurant, the location has [...]
The Rev Burger name signifies the “Healthier Revolution” the concept’s owners, Bill and Wendy Spatz, seek to bring to fast-food burgers. But “rev” also describes their eagerness to expand: The first location opened on Feb. 14 in a former Burger King site in Carol Stream, Ill., and a second already is set to open next [...]
Few restaurant brands are as linked to one state as Larkburger is to Colorado. The concept itself was created in 2005 out of the popularity of a burger served at the upscale Larkspur restaurant in Vail. Its 13 stores are spread across Colorado and the Arvada, Colo.-based chain proudly identifies itself on its website as [...]
There’s a thaw under way that’s not just melting ice, it’s slowly melting away the fear of being too upscale that has gripped quick-service restaurants for the past year. From Burger King’s $1 BBQ Rib and McDonald’s Dollar Menu & More to Sonic’s $1 hot dogs, Checkers’ $2 Buffalo Chicken Strips and Jack in the [...]
The battle for customers waged between fast-casual and quick-service restaurants proved about as noncompetitive last year as Sunday’s Super Bowl. Fast casual won. Again.
Source: The NPD Group/CREST
Full-year data from The NPD Group survey reveal that customer traffic at fast-casual restaurants increased 8% in 2013 (12 months ending November). Meanwhile, the total restaurant [...]
The world is catching up to Farmer Boys.
Farmer Boys added the third-pound The Natural burger last year.
When the Riverside, Calif.-based chain opened its first store in 1981, sourcing fresh local produce wasn’t the norm for QSRs. Serving breakfast all day was common at sit-down restaurants, but at Farmer Boys guests order at [...]
Freakin’ Unbelievable Burgers, which opened little more than a year ago in Flint, Mich., already is looking to expand through franchising. A second location is expected to open this fall in Detroit, but owner Spartan Pastabilities sees too much potential in the concept to delay a move into franchising. There’s a lot to like about [...]