Restaurant Business

The activist investor wants documents related to its purchase of Maple Street Biscuit Co., and its investment in Punch Bowl Social, says RB’s The Bottom Line.

The National Restaurant Association expects the industry will hit $1.2 trillion in sales by 2030 as its reach broadens.

All employees will have access to mental healthcare, financial tools and more beginning next year.

The fast casual, which was previously held by Eagle Merchant Partners, has grown sales nearly 44% in the past year, according to Technomic data.

Chief People Officer David Fairhurst “departed” the company Monday, one day after CEO Steve Easterbrook was fired. He’s the fourth top executive to leave in recent weeks.

Chris Kempczinski’s rapid rise to the top job highlights how much the world’s biggest restaurant company has changed, says RB’s The Bottom Line.