finance

Managing Inventory in These Times: Don't Trust the System

He wanted to find out why his expensive, relatively new ERP system had allowed inventory to balloon even though sales had plummeted. And he wanted to know...

An RLC trend report

Value-oriented consumers, increased protein prices and the social media revolution were a few of the trends laid out during presentations by Technomic and GE Capital at the Restaurant Leadership Conference.

At the FARE conference in June retail and restaurant operators called a truce to share ideas.

The conundrum facing operators is to go with new, used or both. Budget, needs and anticipated usage are the major considerations.

In some ways, there were actually three plans packed with different levels of CEO Steve Easterbrook. Some of the possibilities he raised could have been missed, but shouldn’t be.

Bloomin' Brands said Q4 domestic comps fort Outback and Carrabba's decreased 4.8% and 2.3%, respectively.

Venerable business principles and concepts were shipped off to the old folks' home this week, worsening observers' neck arthritis.

The burger chain’s stock surged more than 40%, making it the top-performing brand on Wall Street.

Deferred taxes have a lower value for Brinker International under revised federal rates, cutting into the casual-dining company's profits.

The chain plans to open between 32 and 35 new domestic units in the next year.

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