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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

The Fed is almost done raising interest rates. Maybe

 By Jonathan Maze on Sep. 26, 2023

The Bottom Line: Minneapolis Federal Reserve President Neel Kashkari suggested a 60% chance of a soft landing with one more rate hike. But "meaningfully higher" rates are also possible.

Financing

Executives' franchisee profitability comments are pointless until they report the data

 By Jonathan Maze on Sep. 25, 2023

The Bottom Line: McDonald’s and its franchisees differ on the profitability of restaurants, but we can’t judge for ourselves because the company doesn’t release the data, like most franchise businesses.

Leadership

Panera Brands takes another step in its planned IPO

By Jonathan Maze on Sep. 25, 2023

Krispy Kreme CEO Mike Tattersfield, who is stepping down from that position in January, will become the company’s board chairman. Former Starbucks CFO Patrick Grismer will become lead independent director.

Leadership

Krispy Kreme to promote Josh Charlesworth to CEO

By Jonathan Maze on Sep. 25, 2023

The company’s chief operating officer will take the top job in January. Current CEO Mike Tattersfield will remain on the board and will serve as a senior advisor.

Financing

Fat Brands acquires Smokey Bones for $30M

By Jonathan Maze on Sep. 25, 2023

The 18th deal for the owner of Johnny Rockets and Twin Peaks gives the company another casual-dining chain.

Financing

Is it a service fee or a royalty? To McDonald's franchisees, the difference is huge

By Jonathan Maze on Sep. 24, 2023

The burger chain's operators say their cash flow has not kept pace with inflation and the higher royalty on new units and acquisitions will make matters worse. But they say a term change is the bigger problem.

Emerging Brands

The race is on for a piece of the pickleball pie

By Lisa Jennings on Sep. 22, 2023

New concepts seem to pop up daily. Here's a look at how the pickleball eatertainment landscape is taking shape.

Financing

McDonald's plans to increase its U.S. royalty fees by 25%

By Jonathan Maze on Sep. 22, 2023

The burger giant plans to start charging its franchisees 5% of revenue on new locations or acquisitions of corporate restaurants starting next year in the U.S. and Canada, up from 4%.

Operations

Taco/Social to debut in LA with seasoned investors from Blaze Pizza, Dog Haus and Gus's BBQ

By Lisa Jennings on Sep. 21, 2023

This is what happens when a great location presents itself and a group of friends, who are also restaurant operators, pool their talents.

Financing

Will Subway make Roark Capital too dominant? Not really

By Jonathan Maze on Sep. 21, 2023

The Bottom Line: The addition of the sandwich giant will make Roark a bigger player than McDonald's in the U.S. But its position in the sandwich market will not be all that unusual.

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