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Quick_Service

Financing

Subway slowed its closures last year, but not by much

 By Jonathan Maze on Apr. 29, 2024

The sandwich giant closed more than 400 U.S. restaurants last year, continuing a long string of net closures. It also generated a lot more revenue from suppliers in 2023.

Financing

Malls are quietly making a comeback

 By Jonathan Maze on Apr. 25, 2024

Once left for dead as shoppers moved online and then the pandemic hit, malls are regaining lost traffic. And that has been a boon for restaurant chains like Auntie Anne's, Cinnabon and Chick-fil-A.

Beverage

Starbucks' new cold cups will use a lot less plastic

By Jonathan Maze on Apr. 18, 2024

The Seattle-based coffee shop chain, which now gets most of its beverage sales from cold coffee, is introducing new, more sustainable cups that cut plastic by up to 20%.

Financing

The owner of Fatburger is making a big move into cobranding

By Jonathan Maze on Apr. 18, 2024

Fat Brands just announced a 40-year deal that will place its flagship burger brand into 40 Round Table Pizza locations. Here’s why the company is so big on the idea.

Financing

California restaurant operators raise prices, look for solutions and try to remain optimistic

By Jonathan Maze on Apr. 17, 2024

Restaurant companies have raised prices to offset the $20 wage. But how much depends on the concept. And brands like McDonald’s are also working to get customers excited about coming in.

Financing

Higher prices and more locations drove chain restaurant sales last year

By Jonathan Maze on Apr. 16, 2024

Technomic Top 500: Chain restaurants continued to record strong growth last year, but mostly without higher traffic. And there were wide variations in performance throughout the ranking.

Financing

Quick-service restaurants had a tough first quarter

By Jonathan Maze on Apr. 12, 2024

Was it weather? Or was it prices? Either way, fast-food restaurants have started the year off on the wrong foot, according to traffic data.

Emerging Brands

Buffalo Wild Wings has big plans for small-scale spinoff BWW Go

By Joe Guszkowski on Apr. 11, 2024

The full-service chicken wing chain this week opened its 100th Go location and has franchisee commitments to open nearly 600 more of the takeout-focused restaurants.

Financing

Fast-growing Crumbl's unit volumes and store profitability took a hit last year

By Jonathan Maze on Apr. 11, 2024

Average unit volume for the cookie chain declined 37% last year even as location count grew 41%. Per-store profits were cut by 58%.

Financing

A tale of two Subway competitors

By Jonathan Maze on Apr. 10, 2024

The Bottom Line: As thriving fast-food sandwich chain Jersey Mike’s ponders a potential $8 billion sale, it’s worth comparing the brand to a long-vanquished rival: Quiznos. The difference is unit economics.

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