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Financing

Cash flow decline at McDonald's restaurants shows the impact of inflation

 By Jonathan Maze on Feb. 09, 2023

The Bottom Line: High food costs and more discounts led to profit declines at the fast-food chain’s restaurants. Now imagine what would have happened if its sales weren’t thriving.

Technology

A kitchen tool inspired by video games has restaurants going 'apeshit'

 By Joe Guszkowski on Feb. 09, 2023

Tech Check: The Perfect Co. gamified the back of house to make workers more efficient. Restaurants are lining up to try it.

Financing

Yum Brands opened a massive number of restaurants last year

By Jonathan Maze on Feb. 09, 2023

The owner of Taco Bell, KFC, Pizza Hut and Habit has opened a new restaurant every hour over the past two years, despite challenges in its two biggest markets.

Financing

Taco Bell's sales grow, thanks to Mexican Pizza and Pete Davidson

By Jonathan Maze on Feb. 08, 2023

Same-store sales at the Mexican fast-food restaurant chain rose 11% in the fourth quarter. The company sold 45 million Mexican Pizzas last year. And breakfast improved following new ads featuring the comedian.

Financing

Franchisee fear, anger mount as McDonald's intensifies inspections

By Jonathan Maze on Feb. 07, 2023

Operators say their profits are down, despite strong sales, due to soaring food costs and discounts on the mobile app. That, plus tough new standards and more frequent inspections, are contributing to an environment some call “toxic.”

Financing

Inflation-weary consumers are snacking less often

By Lori Rakoczy on Feb. 06, 2023

Technomic's Take: Restaurant traffic during the snacking daypart plunged last year. How should operators prepare once diners come back?

Financing

Starbucks still has faith in its China business

By Jonathan Maze on Feb. 03, 2023

Restrictions and a COVID surge in December hammered sales in the Seattle-based coffee chain's second-biggest market. But Starbucks still has big plans for the country.

Financing

Subway says its sales grew again last year

By Jonathan Maze on Feb. 02, 2023

Average unit volumes are higher than they’ve been in a decade and the sandwich chain says the number of closures has slowed, too. And more changes are coming.

Financing

Subway wants the world to eat a lot more sandwiches

By Jonathan Maze on Feb. 02, 2023

The fast-food sandwich chain wants to add 24,000 international restaurants to catch up with other quick-service brands. But the company is also pushing big changes to grow its U.S. business.

Financing

Customers keep visiting Starbucks and spending more money

By Jonathan Maze on Feb. 02, 2023

The Seattle-based coffee chain’s average weekly sales hit a record last quarter as people came in more often and spent more money when they did.

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