Restaurant Business Daily

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Financing

California's new fast-food law will hit Habit Burger hard

Parent company Yum Brands said the chain’s operating loss will be $10 million in the fourth quarter, which it blamed on anticipated impacts of legislation that will raise wage rates next year.

Financing

What is the future of restaurant loyalty programs?

A Deeper Dive: Mastercard’s Stephanie Meltzer-Paul joins the podcast to discuss loyalty programs and why they’ve become so popular in the restaurant industry.

The chain’s president will take over at the drive-thru coffee chain for the retiring Todd Graeve on Jan. 1.

Same-store sales at Taco Bell rose 8% in the third quarter while sister chain KFC continued to aggressively open new units around the globe.

A year after debuting 12 flavors of chicken sandwiches, the fast-casual chain is winning new customers who spend more and keep coming back.

The breakfast-and-lunch chain recently opened its 500th location and has many others under development as it works to expand its presence.

The Bottom Line: The burger giant remodeled just about all its locations between 2017 and 2020. That has given the company a leg up on competitors at a time when financing is simply not that available.

The fast-casual chicken tenders chain has thrived coming out of the pandemic with strong sales, traffic and earnings. But it spends a lot on growth, according to bond ratings agencies, and its menu is a risk.

Icebox Cafe, which operates four restaurants plus some vending machines, said dealings with “aggressive lenders” had a role in its filing.

The more-than 430-unit chain is pushing both refranchising and new unit franchise growth.

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