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The automated makeline company will use the money to accelerate the deployment of its technology, but Cava’s CFO says testing ...
Fast-casual competitors Chipotle Mexican Grill and Cava Group are coming to the table together to invest in the future of ...
Fast-casual rivals Chipotle Mexican Grill and Cava Group have taken an unusual step for direct competitors by joining forces to back the same technology startup. Their shared partner is Hyphen, a San ...
Two fast-casual competitors are investing in robotic makeline developer Hyphen to speed the technology, which both brands say ...
Cava Group Inc. (NYSE:CAVA) shares tumbled on Wednesday as investors reacted to a quarterly revenue miss, lowered full-year sales forecast, and news of a fresh investment in food automation technology ...
Shares of Cava Group tumbled Wednesday after the Mediterranean fast-casual restaurant chain trimmed its full-year same-store ...
Fast-casual players are seeing a decline in same-store sales, or smaller growth, compared to this time last year.
Hyphen, the company behind Chipotle’s automated make line prototype, has landed a $10 million investment from CAVA. The funding is structured with an initial $5 million contribution and an additional ...
As automation gains momentum in the food service industry, Mediterranean restaurant chain Cava—known for fan favorites like ...
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