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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

New Jersey orders the closure of 27 Boston Market restaurants

 By Jonathan Maze on Aug. 15, 2023

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.

Marketing

KFC's newest offer targets the pizza business

 By Jonathan Maze on Aug. 15, 2023

The chain is offering a $20 “Fill Up Box,” urging customers to “make it a chicken night,” a shot at the pizza delivery business.

Operations

Wendy's new kitchen design increases capacity by 50%

By Jonathan Maze on Aug. 15, 2023

The burger chain’s new “Global Next Gen High Capacity Kitchen” features a dual-sided design with dedicated space for digital orders and more production areas.

Operations

Former Dunkin' exec named Panera Brands CFO

By Lisa Jennings on Aug. 15, 2023

Paul Carbone joins the parent of Panera Bread, Caribou Coffee and Einstein Bros. as it continues preparations for a possible IPO.

Operations

Cava swings to profit just in time for first earnings report as public company

By Lisa Jennings on Aug. 15, 2023

After its June IPO, the fast-casual chain came out of the gate strong, with second-quarter traffic up more than 10%.

Financing

Restaurant sales clearly decelerated last quarter

By Jonathan Maze on Aug. 14, 2023

The Bottom Line: Earnings reports this period suggest a substantial slowdown in same-store sales among large chains in the second quarter. Are prices to blame? Or is it normalization?

Financing

Why big price hikes aren't on the menu at Gen Korean BBQ

By Jonathan Maze on Aug. 14, 2023

In its first earnings call as a public company, the Korean barbecue concept’s co-CEO said that its value is a strength. It’s also been profitable for most of its history.

Operations

Federal judge orders former Bonchon franchisee to close and rebrand

By Lisa Jennings on Aug. 14, 2023

The operator of 4 units was terminated from the franchise system but continued to operate. The franchisor won a preliminary injunction to shut them down.

Emerging Brands

Designing the ideal restaurant that is good and does good

By Lisa Jennings on Aug. 14, 2023

Writer and activist Mark Bittman is pitching a new concept called Community Kitchen that will attempt what some might say is impossible: Offering healthful food in a way that benefits the planet, pays workers well and is affordable. Can it make a profit?

Financing

McDonald's makes some changes in its franchisee inspections

By Jonathan Maze on Aug. 14, 2023

The burger giant is making some modest changes in the controversial program following pushback from franchisees. It will temporarily cut Sunday inspections and give operators a break on equipment delayed by supply chain problems.

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