News

Financing

Why are restaurant sales so bad in July?

Weak sales and traffic for the second July in a row could spell bad news for the industry, says RB’s The Bottom Line.

Financing

Jack in the Box is making a huge investment in drive-thrus

The company hopes the improvements and a focus on speed will bolster sales.

Comps for company units rose 1.3%, with beef costs dropping 10%.

Samples have been sent to the CDC for further tests.

The fast-casual chain is also expanding its market tests of nachos and $2 tacos.

RB’s The Bottom Line crowdsources a comparison between the John Schnatter firestorm and Chick-fil-A’s gay marriage controversy.

The sweep targeted restaurants and other businesses in Nebraska, Minnesota and Nevada that allegedly conspired to place and exploit undocumented recruits.

Kuhn succeeds Berke Bakay, who held the top post for six years.

One of the chain’s largest operators posted deeper losses and a 6.4% drop in comps.

Despite easy comparisons, the restaurant industry continued to lose customers.

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