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.

Operations

Former RBI exec named CEO of Brooklyn Dumpling Shop

Jeff Galletly, who previously was a VP with Tim Hortons USA, takes on the rapidly growing digital brand as it wraps a fundraising round with "Shark Tank"-affiliated investors and prepares to go public in Canada.

Financing

Restaurant menu prices show signs of easing

Prices at restaurants increased slower than the overall rate of inflation in March. But they still increased faster than they did at the grocery store.

The Bottom Line: As thriving fast-food sandwich chain Jersey Mike’s ponders a potential $8 billion sale, it’s worth comparing the brand to a long-vanquished rival: Quiznos. The difference is unit economics.

A Deeper Dive: Joe Vrankin, CEO of the eatertainment chain, joins the Restaurant Business podcast to discuss the company’s growth, its menu and high-tech minigolf.

But Chick-fil-A and Starbucks remain their favorite restaurants, according to the latest Piper Sandler Taking Stock With Teens Survey.

Five units were in California but the fast-food wage there was not to blame, the fast casual said. The closed restaurants in 10 states and the District of Columbia were "underperformers."

Working Lunch: The podcast from Align Public Strategies features a discussion of a portable benefits pilot program as well as the media uproar over California’s $20 fast food wage.

The Bottom Line: McDonald’s purchase of its Israeli market, following Burger King’s acquisition of Carrols, shows brands are more willing now to take over some restaurants.

The chicken chain introduced a new line of bundled meal options from $4.99 to $20, but not everything has a consistent price point nationwide, a nod to fast-food restaurants' complex relationship with value.

Available on Sundays throughout the month of April, the promotion attempts to draw attention to Shake Shack's commitment to using chicken raised without antibiotics.

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