Financing

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

Financing

Jimmy Buffett wasn't wasting away in Margaritaville

Restaurant Rewind: The pop singer and proponent of a never-ending happy hour was that rare rock star who found nearly as much success in the hospitality business as he did in music. And he did have some company.

Financing

Get your house in order before bringing on investors

At an Investment Summit, held on an actual summit in Southern California, restaurant investors shared advice for bringing in financial partners.

The Charlotte-based company said that a sale of the cookie delivery company five years after acquiring the chain would “unlock shareholder value.”

The Bottom Line: There is some evidence that higher-income consumers may be cutting back. Or maybe there was just some pent-up demand.

The Bottom Line: Subway and Burger King have staked their claims as value leaders in their respective segments. Recent events have highlighted the difficulties of that position.

Longtime chicken executive Andy Howard saw something in the tiny Florida chain more than five years ago. It is now one of the fastest growing concepts in the country.

Meridian Restaurants, the large operator that declared bankruptcy in March, is selling 70 of its 91 remaining restaurants to several different franchisees as well as the brand following an auction this month.

The sandwich giant, which is being sold to Roark Capital, told franchisees that they must accept mobile app discounts by Dec. 28. A lot of the brand’s operators were not pleased.

A Deeper Dive: The longtime industry executive and investor discusses what it takes to build the brand collector. He also discusses restaurant delivery, menu prices and mergers and acquisitions.

The Bottom Line: Minneapolis Federal Reserve President Neel Kashkari suggested a 60% chance of a soft landing with one more rate hike. But "meaningfully higher" rates are also possible.

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