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Financing

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

Financing

Illinois finds $50M in pandemic aid for restaurants

 By Peter Romeo on Mar. 22, 2023

Another $75 million was found for hotels. The money is intended to ease a transition from survival to sustained recovery.

Financing

Domino's executives spend a lot of money on pizza

 By Jonathan Maze on Mar. 21, 2023

The company reimburses its executives for their purchases of Domino’s food, which gives us some insight into their pizza-buying habits. CEO Russ Weiner bought $7,000 worth of pizzas last year.

Financing

Why tipping is so important to restaurant employees

By Jonathan Maze on Mar. 21, 2023

A Deeper Dive: This week’s podcast focuses on tipping from the view of the restaurant employee, and why they like them at both full-service and limited-service restaurants.

Financing

Domino's CEO bets on himself

By Jonathan Maze on Mar. 21, 2023

The Bottom Line: CEO Russell Weiner bought more than $1 million in stock earlier this month. But reversing the stock price’s recent slump will take a lot more.

Financing

Teriyaki Madness is not calming down

By Jonathan Maze on Mar. 20, 2023

The fast-casual bowl chain has been one of the country’s fastest-growing restaurant concepts in recent years. And now it has a potential new funding source for its franchisees.

Financing

Restaurants turn to the states for relief on credit-card fees

By Peter Romeo on Mar. 20, 2023

Working Lunch: The argument against including sales taxes in the fee base is gaining traction.

Financing

An 8-unit McDonald's franchisee declares bankruptcy

By Jonathan Maze on Mar. 18, 2023

Rice Enterprises, a longtime operator out of the Pittsburgh area, filed for Chapter 11 bankruptcy less than two years after it was sued over the rape of a 14-year-old employee by one of its managers.

Financing

A tweet comes between Grubhub and McDonald's franchisees

By Jonathan Maze on Mar. 17, 2023

The Bottom Line: The fast-food burger chain’s former top U.S. corporate relations officer said, “cry me a river” in a now-deleted tweet about McDonald’s franchisees. It didn’t go over well, either with them or his new employer, Grubhub.

Financing

Massachusetts court says Grubhub overcharged restaurants

By Peter Romeo on Mar. 17, 2023

The delivery service didn't keep its fees below the state's 15% cap, according to the ruling. State officials want the overpayments returned.

Financing

Founder's untimely death leaves a Popeyes franchisee in bankruptcy

By Jonathan Maze on Mar. 16, 2023

Premier Cajun Kings, which once operated 30 locations in Alabama, Georgia and Tennessee, struggled amid a difficult operating environment and declared Chapter 11 bankruptcy, seeking a buyer.

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