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Financing

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

Financing

McDonald's board shakeup continues as two longtime directors retire

 By Jonathan Maze on Mar. 29, 2023

Robert Eckert and John Rogers, who joined the board on the same day in 2003, are retiring as part of the company's "commitment to ongoing refreshment" of its directors.

Financing

Focus Brands CEO Jim Holthouser on the future of the company's concepts

 By Jonathan Maze on Mar. 29, 2023

A Deeper Dive: The head of the company that owns Auntie Anne’s, Cinnabon, Carvel, McAlister’s Deli, Schlotzsky’s, Jamba and Moe’s discusses the brands’ growth strategies on this week’s podcast. Also: IPOs, franchisee optimism and tipping.

Financing

Burger King is closing 26 locations in Michigan

By Jonathan Maze on Mar. 28, 2023

EYM King, a Texas-based operator who the brand sued in February for not paying royalties, is closing the locations over the next few weeks.

Financing

Are restaurants pricing themselves out of the good life?

By Peter Romeo and Nancy Kruse on Mar. 28, 2023

Sweet & Sour: Columnists Peter Romeo and Nancy Kruse consider if menu pricing has hit the red zone. Someone check with a customer, quick.

Financing

Main Squeeze Juice Co. finds the 'perfect blend' with its I Love Juice acquisition

By Jonathan Maze on Mar. 28, 2023

The deal will nearly double the juice chain’s footprint, expanding it into new states as it works to bring its healthy menu to “all the masses.”

Financing

Let's put the Starbucks union pay request into some context

By Jonathan Maze on Mar. 27, 2023

The Bottom Line: A labor proposal would mean a full-time worker would earn about $48,000 after tips, about the same as health technologists and more than bus drivers. What would that do to prices?

Financing

Garnett Station Partners acquires Firebirds Wood Fired Grill

By Jonathan Maze on Mar. 27, 2023

The investment firm has also recapitalized the polished-casual dining chain and plans to accelerate the brand’s development.

Financing

Eat a fine-dining meal in the car? It's more common than you think

Mar. 27, 2023

Technomic's Take: In assessing off-premises dining, there are some surprising results, including an increase in consumers eating meals from fine-dining restaurants in their cars.

Financing

Developing a restaurant? Why not just hit your head with a hammer?

By Peter Romeo on Mar. 23, 2023

Reality Check: The industry's rebound is being hampered by a host of construction and permitting issues. And the near-term outlook isn't good.

Financing

Despite a host of concerns, restaurant franchisees remain optimistic

By Jonathan Maze on Mar. 23, 2023

The Bottom Line: Margins took a hit last year and inflation remains a concern. But a new survey says most franchise operators are optimistic. Here’s why.

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