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Financing

This is why the restaurant business is in a value war right now

 By Jonathan Maze on Jun. 24, 2024

The Bottom Line: Same-store sales have slowed markedly for the past year as customers shifted to other options. And now operators are furiously working to get them back.

Financing

The eatertainment business shows signs of wear

 By Jonathan Maze on Jun. 24, 2024

The Bottom Line: The food-and-games concept Chicago WhirlyBall filed for bankruptcy last week as companies like Dave & Buster’s and TopGolf show sales weakness.

Food

All of a sudden, fast casuals are staking a claim on steak

By Patricia Cobe on Jun. 21, 2024

Consumer demand for protein is pushing steak to the center of the plate—and the salad bowl—in concepts where you’d least expect it.

Financing

Saladworks-parent WOWorks is shopping for new brands to buy

By Lisa Jennings on Jun. 20, 2024

The platform company is almost finished assimilating its existing six brands. Now it's time to add to the family, said CEO Kelly Roddy.

Financing

2 more reminders that the restaurant business is risky

By Jonathan Maze on Jun. 20, 2024

The Bottom Line: Franchising is no less risky than opening your own restaurant. Just ask former NFL player David Tyree and the former president of McDonald's Mexico.

Marketing

There's plenty happening at the high end of the pricing barbell, too

By Peter Romeo on Jun. 19, 2024

Reality Check: Decadent meal choices are also proliferating, for a lot more than $5.

Financing

Reassessing McDonald's tech deals from 2019

By Jonathan Maze on Jun. 17, 2024

The Bottom Line: The fast-food giant’s decision to end its drive-thru AI test with IBM is the latest pullback away from a pair of technology acquisitions it made five years ago.

Operations

Trend or fad? These restaurant currents could go either way

By Peter Romeo on Jun. 14, 2024

Reality Check: A number of ripples were evident in the business during the first half of the year. The question is, do they have staying power?

Financing

Starbucks' value offer is a bad idea

By Jonathan Maze on Jun. 13, 2024

The Bottom Line: It’s not entirely clear that price is the reason Starbucks is losing traffic. If it isn’t, the company’s new value offer could backfire.

Financing

Struggling I Heart Mac and Cheese franchisees push back against their franchisor

By Jonathan Maze on Jun. 12, 2024

Operators say most of them aren't making money and want a break on their royalties. But they also complain about receiving expired cheese from closed stores. "Don't send us moldy product."

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