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

Tilman Fertitta wants to take another company public

The owner of Landry’s has formed a second public shell company and is raising $275 million to fund a deal.

Financing

John Schnatter plans to sell Papa John’s stock

The pizza chain’s founder has hired advisers to explore a sale of all or some of his shares.

The company hopes to raise as much as $510 million and be valued at more than $4 billion in its upcoming offering.

The chain has temporarily closed 44 locations amid ongoing sales and cost challenges.

The industry veteran had worked with KFC, Ignite and Granite City.

Restaurant operators can learn a lot from the decisions that led the chain to file for bankruptcy, says RB’s The Bottom Line.

The industry added 25,000 jobs last month as the economy continues to expand.

From contests to a $300 million technology acquisition, the chain is intent on improving its drive-thru times.

But third-party services appear to be eating into Pizza Hut’s market.

The chain is replacing an existing unit with a fast-casual model, and many others could follow if it works, says RB’s The Bottom Line.

  • Page 424