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

Kura Sushi says it will return its PPP funds

Amid scrutiny over large chains getting federal assistance, the revolving sushi concept will send back $6 million.

Marketing

McDonald’s is giving away meals to first responders

The company and its franchisees are giving “Thank You Meals” to emergency and healthcare workers amid criticism of the chain’s response to the crisis.

Local restaurants and big chains alike are giving free meals to front-line workers and first responders. Here’s a look at how companies are responding.

Even as Congress considers new funding, lawsuits accuse lenders of favoring larger borrowers and their bigger fees.

Yet most of the chains that applied for the funds weren’t exactly megachains, and most of them had existing problems, says RB’s The Bottom Line.

The industry likely lost half of its sales in the second half of March, according to federal retail sales data.

The publication was also awarded for best overall art direction in the Jesse H. Neal Awards, which honor the best in business-to-business journalism.

More chains and independents are bringing orders to the curb. The service could stick around.

The company is apparently looking to restructure its loans amid operating challenges from the coronavirus shutdown.

But the fast-food chain’s same-store sales are down 17% over the past five weeks as it takes steps to help its franchisees.

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