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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.

Leadership

The 2024 Pacesetter Award goes to: Cava

 By Lisa Jennings on Apr. 14, 2024

The newly public fast-casual chain Cava has carved out a sweet spot with a fresh and healthful Mediterranean menu with broad appeal. The brand was honored at the Restaurant Leadership Conference in Phoenix on Sunday.

Financing

High restaurant menu prices mean high customer expectations

 By Jonathan Maze on Apr. 12, 2024

The Bottom Line: Diners are paying high prices to eat out at all kinds of restaurants these days. And they’re picking winners and losers.

Financing

For Papa Murphy's, a cut in SNAP benefits came at a bad time

By Jonathan Maze on Apr. 12, 2024

The take-and-bake pizza chain saw a steep drop in sales from customers on SNAP benefits, just as weather and consumer concerns hit restaurants.

Financing

Quick-service restaurants had a tough first quarter

By Jonathan Maze on Apr. 12, 2024

Was it weather? Or was it prices? Either way, fast-food restaurants have started the year off on the wrong foot, according to traffic data.

Financing

Podcast transcript: Puttshack CEO Joe Vrankin

By Jonathan Maze on Apr. 11, 2024

A Deeper Dive: The chief executive of the minigolf-centric restaurant chain discusses how the chain focuses on higher-quality games and food.

Beverage

Taco Bell tests Agua Refrescas in a continuing move to be a 'beverage destination'

By Patricia Cobe on Apr. 11, 2024

The new drinks come in three flavors, each based on energy-boosting green tea and infused with real fruit.

Financing

Fast-growing Crumbl's unit volumes and store profitability took a hit last year

By Jonathan Maze on Apr. 11, 2024

Average unit volume for the cookie chain declined 37% last year even as location count grew 41%. Per-store profits were cut by 58%.

Financing

A tale of two Subway competitors

By Jonathan Maze on Apr. 10, 2024

The Bottom Line: As thriving fast-food sandwich chain Jersey Mike’s ponders a potential $8 billion sale, it’s worth comparing the brand to a long-vanquished rival: Quiznos. The difference is unit economics.

Financing

The story behind the fast-growing minigolf concept Puttshack

By Jonathan Maze on Apr. 10, 2024

A Deeper Dive: Joe Vrankin, CEO of the eatertainment chain, joins the Restaurant Business podcast to discuss the company’s growth, its menu and high-tech minigolf.

Financing

Papa Johns, eager for more unit growth, inks a 50-unit development deal

By Jonathan Maze on Apr. 10, 2024

The Bajco Group will open 50 restaurants in the Midwest, Arizona, Pennsylvania and Florida, as the pizza chain works to increase domestic development.

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