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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

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.

Financing

Chains are increasingly taking over the restaurant business

 By Jonathan Maze on Oct. 09, 2020

Independents are dying while fast-food chains hit record numbers, which seems likely to continue, says RB’s The Bottom Line.

Financing

Bankruptcy caps a long and twisty history for Ruby Tuesday

By Peter Romeo on Oct. 09, 2020

A pioneer of casual dining, the concept has persevered through much in its nearly five decades.

Financing

Tim Hortons takes aim, again, at one of its prominent franchisees

By Jonathan Maze on Oct. 09, 2020

The company wouldn’t give the U.S. franchisee association's president an extension on a remodel requirement unless the group dropped its lawsuit against the franchisor. The location is now closed.

Financing

High cheese prices and the pandemic hurt Domino’s profits

By Jonathan Maze on Oct. 08, 2020

The company’s U.S. sales hit a record levels in the third quarter, but margins declined because of higher commodity prices and pandemic costs.

Financing

McDonald's had its best month in nearly a decade in September

By Jonathan Maze on Oct. 08, 2020

Same-store sales hit double digits last month, and 4.6% in 3Q, thanks to the Travis Scott meal and Spicy Chicken McNuggets.

Financing

Ruby Tuesday declares bankruptcy

By Jonathan Maze on Oct. 07, 2020

The struggling casual dining chain has shed 185 locations during the pandemic and is down to 250 locations.

Financing

Why a second wave might be worse for restaurant-landlord relations

By Jonathan Maze on Oct. 07, 2020

This week’s episode of the RB podcast “A Deeper Dive” features real estate attorney Stephen Cohen, who has recommendations on lease negotiations.

Food

McDonald’s is introducing a bakery lineup

By Jonathan Maze on Oct. 07, 2020

The burger giant is adding a cinnamon roll, blueberry muffin and apple fritter to its lineup later this month.

Financing

Considering a virtual chicken wing brand? Think again

By Jonathan Maze on Oct. 06, 2020

The sudden infusion of so many virtual chicken wing concepts could lead to another price spike. There’s already evidence it’s happening, says RB’s The Bottom Line.

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