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Restaurant Business

Financing

Feds charge McDonald’s and its former CEO over his 2019 termination

 By Jonathan Maze on Jan. 09, 2023

The SEC said Steve Easterbrook made false statements regarding the nature of his firing and charged McDonald’s over public disclosure violations. Easterbrook was fined $400,000. The burger giant escaped financial penalties due to its cooperation.

Food

Continued growth of charcuterie boards offers opportunity for restaurants

 Sponsored content from our partner Fiorucci Foods on Jan. 03, 2023

As grazing boards continue to grow on menus, operators have the chance to earn incremental purchases and boost check averages.

Financing

Why you should not sleep on Insomnia Cookies

By Jonathan Maze on Dec. 20, 2022

The Bottom Line: The late-night treat chain wants to be able to deliver warm cookies to 95% of the U.S. and has the unit economics to justify expansion. But it must first navigate a competitive cookie market.

Leadership

US Foods taps former Performance chief Dave Flitman as CEO

By Peter Romeo on Nov. 28, 2022

Flitman, who left the distributor's arch-rival in 2018, will assume the top job on Jan. 5.

Leadership

What restaurateurs should be watching this holiday season

By Peter Romeo on Nov. 21, 2022

Take a break from worrying about sales and staffing to indulge in some entertainment. Here are some viewing options with particular appeal for operators.

Emerging Brands

Tom’s Watch Bar raises $30M to open more ‘super sports bars’

Sep. 30, 2022

The five-unit chain hopes to more than quadruple its footprint over the next few years.

Workforce

Tech's labor benefits may be different from what you think

By Peter Romeo on Sep. 20, 2022

Reality Check: Technology's big payback isn't eliminating jobs, it's making current job holders happier.

Technology

Benefits of providing NFL Sunday Ticket in restaurants

Sponsored content from our partner DIRECTV for BUSINESS℠ on Sep. 13, 2022

When strategizing for fall and winter promotions, restaurants should be sure to include sports programming in their offerings. Happy hour deals may draw people in, but quality programming on televisions will encourage guests to indulge in more appetizers and another round (or two) and more.

Workforce

California's fast-food wage bill: Employee savior or union power grab?

By Peter Romeo on Aug. 31, 2022

Employees say the Fast Act would give them more power over wages and working conditions. But restaurant operators argue that unions would be pulling the strings.

Financing

Nearly half of restaurants couldn't cover their August rent, study finds

By Peter Romeo on Aug. 24, 2022

The research says delinquencies across all small businesses are at an 18-month high because of deteriorating business conditions and landlords raising their fees.

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