Restaurant News Roundup, 01/11/2022
The sports bar chain, Wings and Rings, says it will accept bitcoin to sell a franchise – possibly the first restaurant chain offering to sell franchises for cryptocurrency. Read more here: https://www.restaurantbusinessonline.com/financing/why-wings-rings-accepting-bitcoin-franchisees
Chipotle ramps up its technology capabilities to monitor its supplies, food item preparations and even streamlining its hiring operations. Chipotle CEO Brian Niccol says the rest of the restaurant industry will need to adopt these tech innovations to deal with supply issues and worker turnover. Read more here: https://www.washingtonpost.com/technology/2022/01/04/chipotle-brian-niccol-future-of-work/
Shake Shack sees 2021 fourth quarter sales surpass pre-pandemic levels, though the New York City-based hamburger chain experienced a sales lag in its hometown. Read more here: https://www.nrn.com/fast-casual/shake-shack-reports-turnaround-fourth-quarter-2021
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