Financing

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

Financing

Papa Johns wants to help its franchisees open more locations

The pizza chain will help franchisees with construction services in a bid to spur more growth, saying its unit economics warrant a better pace of development.

Financing

Chain restaurants had a good 2022. Or did they?

A Deeper Dive: Technomic Managing Principal Joe Pawlak joins the podcast to discuss the Top 500 Chain Restaurant Report, including the strength of chicken concepts, unit growth and the pizza business.

The pizza chain’s sales improved last quarter despite a weak market for delivery, thanks to Melts, third-party aggregators, and a major franchisee deal two years ago.

Laxman Narasimhan, who took over the Seattle-based coffee giant in March, believes the company can optimize its purchasing. “1,500 cup-and-lid combinations.”

Value-hungry consumers continue to visit Applebee’s and IHOP. And executives said prices could start to ease soon.

The tactics range from standardizing units' network platform to cooking bacon in big batches.

The Bottom Line: The fast-food giant has added about $1 million in revenue per store over the past five years and valuations remain high. Yet that period has been marked by some of the worst franchise relations in company history.

The deal adds another fine-dining concept to Darden's portfolio, which includes Olive Garden, LongHorn Steakhouse and The Capital Grille.

The value-focused spots helped draw in customers. But the chain lost some off-premise business as it moved away from virtual brands.

Chain officials say the high prices of third-party services are driving patrons to dine on-site.

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