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Financing

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

Financing

Chick-fil-A had another strong year in 2022

 By Jonathan Maze on Apr. 05, 2023

The chicken sandwich chain’s domestic system sales increased another 13% last year. But check out how much a stand-alone restaurant makes now.

Financing

Papa Johns is making a big push in India

 By Jonathan Maze on Apr. 05, 2023

The fast-food pizza chain signed a deal with PJP Investments to develop 650 locations in the populous country by 2033. The first location is expected to open in 2024.

Financing

Burger King franchisee Toms King is being sold for $33M out of bankruptcy

By Jonathan Maze on Apr. 04, 2023

The big operator, which sought Chapter 11 bankruptcy protection in January and was put up for sale, is being sold to four different companies, including Burger King's former U.K. operator and a big Round Table Pizza franchisee.

Financing

Virtual layoffs come to the restaurant industry

By Jonathan Maze on Apr. 04, 2023

The Bottom Line: McDonald’s says its decision to conduct its layoffs virtually was done out of respect for workers. But letting people go via video screen can feel heartless, particularly in a “people business.”

Financing

Layoffs over Zoom? McDonald's takes a big risk with its reorganization

By Jonathan Maze on Apr. 04, 2023

The burger giant is letting “hundreds” of its people go virtually, causing fear among employees and more anger among operators already frustrated by other changes.

Financing

An appreciation for Don Fox

Apr. 03, 2023

Technomic's Take: The outgoing chief executive of Firehouse Subs had an impact with his data-driven leadership and his willingness to be a mentor.

Financing

El Pollo Loco's private equity investor finally heads for the exits, after 18 years

By Jonathan Maze on Apr. 03, 2023

Trimaran Capital Partners, which first invested in the chicken chain in 2005 and took it public in 2014, is liquidating its holdings in the chain.

Financing

McDonald's, despite strong sales, prepares for layoffs

By Jonathan Maze on Apr. 03, 2023

The burger giant is temporarily closing corporate offices this week to notify employees who will be left without a job as part of its corporate restructuring. McDonald's argues the reorganization will speed up innovation.

Financing

Burger King and its struggling franchisees have a long way to go

By Jonathan Maze on Mar. 31, 2023

The Bottom Line: The closure of 26 restaurants in Michigan is another demonstration that the fast-food burger chain has a lot of work to do in its comeback effort. And its issues date back more than 15 years.

Financing

Yum Brands has a $50M deal to help finance underserved franchisees

By Jonathan Maze on Mar. 30, 2023

The program with the investment firm Lafayette Square, called Franchise Fast Start, is designed to provide access to capital for underrepresented franchisees of KFC, Pizza Hut, Taco Bell and Habit Burger.

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