"Tightening the belt on restaurant spending is one of the earliest signs that households are feeling economic strain," said Todd Belt, professor at George Washington University. "It's not just about ...

The foundation pours have commenced for The Shoppes at District 31, marking the first phase of the expansive District 31 ...

The City of Alabaster shared a post on Facebook to show that foundation work has started, which is the first phase of the development.

Cava shares sank after its same-store sales growth slowed. The company still has a long expansion runway, and therefore, ...

This week’s episode of the Restaurant Business podcast The Week in Restaurants looks at the suddenly weaker state of the fast ...

Despite brands like Wingstop, Sweetgreen and Chipotle posting negative comparable sales in Q2, they remain headstrong on ...

Cava was an extremely expensive stock at its late-2024 peak, at one point trading for around 18 times annual sales. The ...

Shares of Cava Group tumbled Wednesday after the Mediterranean fast-casual restaurant chain trimmed its full-year same-store ...

Known for generating massive gains for investors, Chipotle and Cava Group have seen their stocks fall mightily to 52-week lows following their lackluster Q2 results.

Alternative asset manager Proterra acquires farmland manager AcreTrader, while ex-eFishery CEO is detained over alleged ...

The core issue: "I think it’s pretty obvious the consumer is not in a great place overall," Sweetgreen CEO Jonathan Neman ...

Analysts debate a tough stretch for fast-casual chains after results from Cava and Sweetgreen lead to record daily stock ...