Continue to Site >>>

Financing

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

Financing

Restaurant rent delinquencies fell sharply in January

 By Peter Romeo on Feb. 01, 2023

But nearly 4 of 10 still couldn't afford to pay their landlords in full, according to a survey. And the struggle got harder for minority-owned small businesses.

Financing

Restaurants want to do more business in less space

 By Jonathan Maze on Feb. 01, 2023

Inflation is driving up the cost of operating a restaurant, making efficiency more important than ever. So chains are shrinking the size of their restaurants and reorganizing their kitchens.

Financing

Chili’s to push value with first TV ads in more than 3 years

By Joe Guszkowski on Feb. 01, 2023

With sales (and prices) on the rise, the chain is turning its attention to traffic by promoting a $10.99 meal deal.

Financing

N.Y. restaurants press for on-site gambling

By Peter Romeo on Jan. 31, 2023

The industry wants the state to make eating and drinking places eligible for gambling licenses. Officials cite the $1.4 million a D.C. sports bar collected from on-site betting in less than four months.

Financing

Red Lobster, private equity, and the problem of asset sales

By Jonathan Maze on Jan. 31, 2023

The Bottom Line: Eight years after Darden sold the seafood chain, it is closing locations, talking about a “turnaround” and seeking rent concessions.

Financing

Inflation hits McDonald’s and its European operators

By Jonathan Maze on Jan. 31, 2023

The burger giant expects thinner margins this year and it is spending up to $150 million to support franchisees in Europe hit by higher costs.

Financing

Ruth’s Chris to close its Times Square location

By Joe Guszkowski on Jan. 31, 2023

The steak chain's longtime Manhattan outpost has been hurt by the slow return of office workers.

Financing

NYC restaurants get a break on overdue water bills

By Peter Romeo on Jan. 31, 2023

Businesses that pay all of their delinquent charges will have the interest forgiven.

Financing

McDonald’s sales accelerated last quarter, thanks to adult Happy Meals and the McRib

By Jonathan Maze on Jan. 31, 2023

The company’s same-store sales rose 10.3% in the U.S. behind its marketing promotions and increased customer counts.

Financing

McDonald’s added U.S. restaurants last year for the first time since 2014

By Jonathan Maze on Jan. 31, 2023

And the burger giant is planning to step up its development, saying it has a “right” to do so after generating strong sales growth since the pandemic.

  • Page 81