Restaurant Business Daily

A true business intelligence tool helping operators become more efficient and profitable, Restaurant Business Daily eNewsletter gives restaurateurs tips and tools from RestaurantBusinessOnline.com's most recent postings and from around the web.

Financing

Subway is apparently nearing a sale

Roark Capital is reportedly close to a $9.6 billion acquisition, though a source said that the process remains “very competitive and fluid.”

Operations

How John Cywinski plans to grow Qdoba Mexican Eats and Modern Market

The CEO of Qdoba-parent Modern Restaurant Concepts is borrowing from the playbook used during his leadership at Applebee's and KFC. The first step, however, was selling the Lemonade brand.

Executive Summary: The latest job jump news includes staff changes at Panera Brands, Subway and Denny's.

The Bottom Line: U.S. consumers, which have kept spending at restaurants despite higher prices, are running out of excess pandemic savings. That might affect their spending.

They founded and sold the Mastro's chain. Now the brothers are building a new group of high-end steakhouses that attempt to raise the bar.

Trevor Haynes, president of North America for the sandwich giant, is leaving the company at the end of the year. Douglas Fry, who heads Subway Canada, will take his place. The chain made several other leadership changes.

Maui restaurateurs are still evaluating the damage caused by a raging fire that killed at least 106, but now the focus is on helping the "ohana," or family, of industry workers as they start on the road to recovery.

The Bottom Line: Service fees, health care fees, more tipping demands and higher prices have made the process of paying a bill more complex than ever. It may be time to rethink this.

A Deeper Dive: The CEO of Big Boy Restaurants, who acquired the chain more than four years ago, joins the podcast to discuss the brand’s changes, its drive-thru location and its international push.

The state’s Department of Labor fined the company $2.6 million in unpaid wages, liquidated damages and administrative penalties. It is the latest in a series of setbacks for the collapsing chain.

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