Restaurant Business Daily

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Financing

Higher prices and more locations drove chain restaurant sales last year

Technomic Top 500: Chain restaurants continued to record strong growth last year, but mostly without higher traffic. And there were wide variations in performance throughout the ranking.

Financing

Crumbl may be the next frozen yogurt, or the next Krispy Kreme

The Bottom Line: With word that the chain’s unit volumes took a nosedive last year, its future, and that of its operators, depends on what the brand does next.

The newly public fast-casual chain Cava has carved out a sweet spot with a fresh and healthful Mediterranean menu with broad appeal. The brand was honored at the Restaurant Leadership Conference in Phoenix on Sunday.

The take-and-bake pizza chain saw a steep drop in sales from customers on SNAP benefits, just as weather and consumer concerns hit restaurants.

Was it weather? Or was it prices? Either way, fast-food restaurants have started the year off on the wrong foot, according to traffic data.

The Bottom Line: Diners are paying high prices to eat out at all kinds of restaurants these days. And they’re picking winners and losers.

The new drinks come in three flavors, each based on energy-boosting green tea and infused with real fruit.

Average unit volume for the cookie chain declined 37% last year even as location count grew 41%. Per-store profits were cut by 58%.

A Deeper Dive: The chief executive of the minigolf-centric restaurant chain discusses how the chain focuses on higher-quality games and food.

The Bajco Group will open 50 restaurants in the Midwest, Arizona, Pennsylvania and Florida, as the pizza chain works to increase domestic development.

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