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Financing

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

Financing

Restaurants get dragged into The Misinformation Age

 By Jonathan Maze on May 24, 2024

The Bottom Line: Big Mac prices, corporate views on Israel-Palestine and even store closures have been subject to misinformation and outright lies. Blame the presidential election.

Financing

Fast-food restaurants are hit hardest as customers cut back

 By Jonathan Maze on May 23, 2024

The giant food distributor Sysco said the consumer environment has been tougher on restaurants than expected this year due to higher menu prices.

Financing

Minnesota restaurants will soon have to start disclosing total prices, service fees included

By Peter Romeo on May 23, 2024

A law enacted this week bans hidden fees but allows restaurants to continue levying surcharges if customers get a heads-up and the money goes to employees.

Financing

The biggest trends in the restaurant industry right now

By Jonathan Maze on May 22, 2024

A Deeper Dive: Joe Pawlak, managing principal with Technomic, joins the podcast to discuss the Technomic Top 500 Chain Restaurant Report.

Financing

Red Lobster gives private equity another black eye

By Jonathan Maze on May 22, 2024

The Bottom Line: The role a giant sale-leaseback had in the bankruptcy filing of the seafood chain has drawn more criticism of the investment firms' financial engineering. The criticism is well-earned.

Financing

Beverage chains are taking off as consumers shift their drink preferences

By Jonathan Maze on May 22, 2024

The Bottom Line: Some of the fastest-growing chains in the U.S. push drinks, even as sales at traditional concepts lag in growing delivery and takeout business. How can traditional restaurants get in on the action?

Financing

Tasty Restaurant Group buys 64 more KFC restaurants

By Jonathan Maze on May 22, 2024

The multibrand franchisee, which also operates Pizza Hut, Burger King, Dunkin’ and Taco Bell, acquired the locations in the central and Southeast U.S.

Financing

Brands need to think creatively as the industry heads into a value war

By Jonathan Maze on May 21, 2024

The Bottom Line: Giving customers meal options they can afford will be key to generating traffic this year. But make sure those offers can generate a profit.

Financing

Endless Shrimp becomes pivotal issue in Red Lobster bankruptcy

By Joe Guszkowski on May 21, 2024

The chain’s CEO alleged that the promotion may have pushed more shrimp business to its largest shareholder at Red Lobster’s expense, setting the stage for a messy Chapter 11 proceeding.

Financing

Red Lobster's CEO is questioning the company's relationship with its owner

By Jonathan Maze on May 21, 2024

The casual-dining chain, which filed for bankruptcy this week, is probing whether its former CEO steered all its shrimp purchasing through the company's owner, Thai Union, a shrimp supplier.

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