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Financing

How your restaurant sales and profits compare to competitors' and what you can do to improve financial performance

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.

Financing

More small restaurant chains file for bankruptcy

 By Jonathan Maze on Jun. 17, 2024

Melt Bar & Grilled, an Ohio chain that was featured on the Food Network and the Travel Channel, joins the Chicago concept Kuma’s Corner and other small chains running into post-pandemic financial problems.

Financing

A Brazilian TGI Fridays operator declares bankruptcy

By Jonathan Maze on Jun. 14, 2024

SouthRock Capital, which had also operated Starbucks and Subway units, filed for Chapter 15 bankruptcy in Texas to protect its rights to the casual-dining restaurant chain.

Financing

The 10 largest pizza chains in the U.S.

By Jonathan Maze on Jun. 13, 2024

It was a tough year for the pizza business, as the average brand reported flat sales in 2023, according to the Technomic Top 500 Chain Restaurant Report. Here’s a look at the largest chains in the U.S. based on 2023 system sales.

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

A tough restaurant economy hits Dave & Buster's

By Jonathan Maze on Jun. 13, 2024

Stock in the food-and-games chain, which also owns Main Event, plunged early Thursday following a weak sales report.

Financing

Restaurants continue raising prices faster than grocers

By Jonathan Maze on Jun. 12, 2024

Menu price inflation slowed at fast-food restaurants last month. But prices throughout the industry continue to increase faster than at supermarkets.

Financing

The difference between winners and losers in a tough restaurant market

By Jonathan Maze on Jun. 12, 2024

A Deeper Dive: This week's episode of the podcast features James Walker, CEO of Frisch's Restaurants, to talk about the state of the restaurant industry.

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."

Financing

Sony Pictures Entertainment acquires Alamo Drafthouse

By Lisa Jennings on Jun. 12, 2024

The Austin, Texas-based restaurant-movie theater hybrid will be operated by a new division within the studio called Sony Pictures Experiences.

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