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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

For I Heart Mac & Cheese, growth isn’t what it appears

 By Jonathan Maze on Oct. 16, 2020

The chain is selling units all over the country to new franchisees, but some of its early operators struggled and are filing lawsuits.

Financing

It may be a while before business travel, and spending, comes back

 By Jonathan Maze on Oct. 15, 2020

United Airlines doesn’t expect business demand to return to normal until 2024. That could be a problem for many restaurants, says RB’s The Bottom Line.

Financing

Popeyes sales continue to soar while Burger King and Tim Hortons fall

By Jonathan Maze on Oct. 14, 2020

The chicken chain’s same-store sales rose 19.7% last quarter even as its sister chains both continued to see declines.

Financing

Why franchise regulations are due for a makeover

By Jonathan Maze on Oct. 14, 2020

This week’s episode of the RB podcast “A Deeper Dive” features Robert Purvin, an expert on franchising and franchise relations, talking about the risks to franchisees.

Workforce

Starbucks promises a more diverse corporate workforce

By Jonathan Maze on Oct. 14, 2020

The coffee giant will tie executive pay to diversity targets and says that 30% of its corporate staff at all levels will come from diverse groups.

Financing

Savory invests in Via 313 Pizzeria

By Jonathan Maze on Oct. 13, 2020

The investment fund’s latest deal gives it a stake in an Austin, Tex.-based Detroit-style pizza concept.

Financing

Tim Hortons will ditch plastic straws next year

By Jonathan Maze on Oct. 13, 2020

The company plans to transition to paper straws in Canada early next year.

Financing

After a pandemic cease fire, McDonald’s and Wendy’s commence their breakfast battle

By Jonathan Maze on Oct. 13, 2020

The two fast-food chains start pushing for morning customers as their sales recover, but it remains a smaller market, says RB’s The Bottom Line.

Financing

Bankrupt chains hand their keys to the lenders

By Jonathan Maze on Oct. 12, 2020

With few buyers willing to take a risk, credit bids become far more common in bankruptcy sales, says RB’s The Bottom Line.

Financing

In proxy fight, Cracker Barrel’s investment in Punch Bowl Social gets scrutiny

By Jonathan Maze on Oct. 12, 2020

Activist Sardar Biglari, trying to get a board seat, has criticized the decision. But Cracker Barrel says its investment, and its decision to walk away, were both warranted.

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