Quick_Service

Financing

Del Taco’s sales improve, but not everywhere

Franchisee-owned stores saw strong sales last quarter, but company stores were left behind. The differences were largely regional.

Financing

Why the pandemic takeout boom may fade

Darden Restaurants CEO Gene Lee doesn’t think growth in to-go orders is as “sticky” as people want it to be, says RB’s The Bottom Line.

The CEO and great-granddaughter of the company’s founder will take over for her father, Bill Ingram, who is retiring.

The $1.5 billion operator is looking at deals again after taking 2020 off, but it is slowing its growth to preserve cash in the coming years.

The drive-thru chain, which was struggling before the pandemic, has seen sales surge and received new funding from Oak Hill Capital to further growth.

In a letter sent to the system on Friday, he also joined a statement from the Business Roundtable condemning President Trump and other politicians for inciting the violence.

The chain is introducing a new visual design in its first complete rebranding in more than 20 years.

Rachel Ruggeri will take over as the coffee giant’s finance chief on Feb. 1.

The fried chicken chain is making its new sandwich available in select markets now and will expand it to all 4,000 locations by the end of February.

The coffee and doughnut chain had been family-owned since its founding in 1936.

  • Page 108