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'Penny' Is A Robot Food Runner That Just Got Backed By Softbank
Saturday, January 25, 2020 - 10:00am | 438Bear Robotics manufacturers a robot food runner for restaurants called Penny and just raised $32 million in a Series A funding round led by Japan's Softbank (OTC: SFTBY). What Happened Bear Robotics' Penny is a self-driving robot tasked with carrying food and beverages to customers. The...
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Chicken Sandwich Proxy Battle Playing Out Over MSG Use
Wednesday, January 22, 2020 - 10:32am | 342McDonald's Corp (NYSE: MCD) is testing a new chicken sandwich across three states and the National Owners Association is urging McDonald's franchise owners not to "get distracted" with inaccurate media reports concerning MSG. What Happened With McDonald's The National Owners...
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Red Robin CEO Explains Turnaround Plan At ICR Conference
Wednesday, January 15, 2020 - 5:21pm | 390Restaurant chain Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) CEO Paul Murphy discussed at the 22nd Annual ICR Investor Conference certain aspects of his turnaround plan, according to Nation's Restaurant News. What Happened Murphy told investors at the ICR Conference his turnaround plan will...
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Chipotle Exec: We're Not Recovering Like We Hoped
Tuesday, December 6, 2016 - 10:50am | 456Chipotle Mexican Grill, Inc. (NYSE: CMG) opened Tuesday’s session down more than 7.5 percent following yet another disappointing quarterly report. Disappointment Continues A number of food safety issues plagued the company throughout late 2015 and early 2016, including multiple...