Quick_Service

Financing

Why Subway franchisees hate the $5 Footlong

While the offer worked when it was first proposed, a decade’s worth of food and labor costs make it difficult, if not impossible, to make a profit, says RB’s The Bottom Line.

Financing

Popeyes same-store sales soar more than 40%

But sister brands Tim Hortons and Burger King are both down, even as the chains’ sales improve.

Same-store sales rose 33.5% in May, even as states started reopening restaurants for dine-in service.

The company is offering vendor rebates to get operators on board, but the franchisee association is recommending its members opt out of the campaign.

U.S. same-store sales are up 14% so far this quarter, including 21% the past four weeks, as consumers stay in and order pizza.

The chain will test a new premium offering in Orlando to rival Popeyes and Chick-fil-A.

The Mexican fast-food chain said it plans to step up its hiring in the coming months.

As customers have ventured outside again, they have gravitated toward quick-service restaurants, in many cases leading to a quick recovery.

The chain says it will relocate more locations from malls to drive-thrus and build more pickup stores and add curbside and delivery options.

The former Hilton executive, who took the job two weeks before the pandemic hit, leans on his hotel experience, and sees parallels between the two industries.

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