Restaurant Business Daily

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Financing

Chick-fil-A sues chicken suppliers over price fixing

The chicken sandwich chain identified itself as one of the victims of an alleged bid-rigging scheme.

Financing

McDonald’s franchisees ‘blindsided’ by new charges for 2021

Operators are pushing back against an estimated $170 million in higher fees and eliminated subsidies set to be put in place next year.

The third-party delivery company could raise more than $3 billion in its upcoming initial public offering.

The industry lost 17,400 jobs in November, the first decline since April.

The company is aggressively developing brands around takeout, but it also insists that casual dining is not dead.

Data from tracking services and US Foods suggest a November slowdown, but takeout remains strong as operators have adapted, says RB’s The Bottom Line.

The private equity firm also owns Fuzzy’s Taco Shop and Frisch’s Big Boy and the host kitchen provider Franklin Junction.

This week’s episode of the RB podcast “A Deeper Dive” features a discussion between Editor-in-Chief Jonathan Maze and Editor-at-Large Peter Romeo on the third wave of COVID-19.

CEO Jose Cil said the company marketed the brand with the wrong mindset and “lost touch with consistency and quality,” says RB’s The Bottom Line.

The company closed on its purchase of the fast-casual chain just before the pandemic hit, but the chain has proven to be resilient in the months since.

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