Restaurant Daily · Restaurant Business Online

Bob Evans, Fogo, Starbucks

·4 min
The episode opens with a sponsor message for O'Keefe's Working Hands Hand Cream. Hosts Jonathan Mays and Leanne Zinsmeister introduce the show as a daily news source from Restaurant Business and Nation's Restaurant News. The first story reports that Bob Evans has been sold to private equity firm 4x4 from previous owner Golden Gate Capital. 4x4 plans long-term growth for the chain, with existing management remaining in place. Bob Evans, based in Ohio, has been shrinking since 2005 when it had nearly 600 stores and $1 billion in sales. The sale terms were not disclosed, but it last sold for $565 million. The second story details Fogo de Chão's launch of an AI phone system named Selma. Selma uses the voice and personality of longtime leader Selma Olvera, who is the chief culture officer and brand matriarch. The system can answer customer questions, make reservations, or connect callers to managers. Its goal is to reduce staff friction while maintaining service quality. The third story focuses on Starbucks going on the offense after a sales slump. Starbucks spent 18 months reconfiguring its business from management down to stores. This effort aimed to lift the company out of its worst sales slump since the Great Recession. With sales having turned positive, Starbucks now plans to pursue an offensive strategy. The episode provides concise updates on ownership changes, technological innovations, and strategic shifts in the restaurant industry.
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