Restaurant Grapevine
Week of Aug 29-Sept 4, 2026
Openings & Closings
Salad and Go's bankruptcy is reshaping the drive-thru coffee wars: 7 Brew won the auction for 73 of the chain's shuttered locations for $143 million, edging out a competing bid from Dutch Bros. The deal turns a wave of closures into a fast, ready-built expansion pipeline for one of the country's fastest-growing beverage chains. (Restaurant Dive)
The Pipeline: What's Opening Next
Our research desk is tracking approximately 598 pre-opening restaurant leads nationwide as of this week β here's a sample of what's coming down the pipe:
- Original Tommy's β Woodland Hills, CA β classic SoCal burger chain, new location in the former Nix Automotive Service space
- Grimaldi's Pizzeria β Fort Myers, FL β national coal-fired pizza brand, franchise location opening late summer 2026
- Maman β Hoboken, NJ β French bakery-cafΓ© brand's newest location, taking over the former Shaka Bowl space
- Cowboy Seafood β Phoenix, AZ β competition-BBQ-meets-raw-bar concept from Common Ground Culinary, opening this fall
- Siegel's 1941 β Las Vegas, NV β new all-day diner at the El Cortez, opening mid-October 2026
- Casa Pasha β Rochester Hills, MI β French-Japanese upscale chophouse from a Detroit chef, opening October 2026
M&A / Investment
Ownership changed hands across the industry this week. Yum Brands completed its $2.7 billion exit from Pizza Hut, selling the chain's business outside China to LongRange Capital for $1.5 billion while Yum China retains its stake. (Restaurant Dive) Korean fried chicken chain Bonchon split its global ownership, with Minor Food taking the international business and Serruya Private Equity acquiring the Americas operations. (GlobeNewswire) And Red Robin refranchised 116 corporate restaurants to three operators β Op Burgers, Kuber, and Evergreen Dining β in deals totaling roughly $96 million. (Red Robin)
Labor & Operations
New data from Toast's Voice of the Restaurant Industry survey shows operators pulling back on hiring plans: 48% now say they'll hold staffing flat this year, up 10 points from last year, while the share planning to expand headcount fell from 60% to 49%. Retention, not recruiting, is becoming the priority. (Toast)
Tech & Supply Chain
California Pizza Kitchen is partnering to roll out automated retail kiosks, targeting 1,000 installations by 2029 as it looks to put its menu in front of customers well beyond its dining rooms. (Restaurant Dive)