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

Pollo Tropical's new owner is content with keeping it in Fla.

Authentic Restaurant Brands completed its acquisition of the chicken chain. Here’s why the company is keeping its focus local as it takes over.

Operations

Potbelly signs 40-unit franchise deal in Ohio, Fla.

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

Mozzarella sticks are so last century. Fried cheese curds are the ooey gooey snack of the moment.

The burger giant’s U.S. same-store sales rose 8.1% last quarter and its earnings increased more than expected. The company cited better execution inside its restaurants.

The Bottom Line: Chris Kempczinski, CEO of the burger giant, told analysts that the company’s restaurants will take a cash flow hit when wages are raised in the state, but he calls it an “opportunity.” But for whom?

The Bottom Line: While the economy is going well, the consumer remains stressed by higher prices and they’re having a tougher time paying their bills, according to recent government data.

The chain is giving $1 million worth of free pizzas to people who have to start paying student loans again.

Company officials say the required wage hike next year will increase labor costs up to 3%. And that cost will be passed on to consumers.

Pearl Street Equity, a family office, is acquiring Famous Brands, the Salt Lake City-based owner of the yogurt and cookie chains.

The bar that owned the registration in New Jersey gave up its hold on the phrase, officially ending Taco Bell’s campaign to “free” the trademark.

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