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Financing

Here are the country’s biggest burger chains

 By Jonathan Maze on May 13, 2022

While consumers have been flocking to chicken concepts, burgers remain a major draw and chains serving them have thrived since the pandemic, according to the Technomic Top 500 Chain Restaurant Report.

Financing

The Lost Cajun acquired by franchise consulting group

 By Joe Guszkowski on May 13, 2022

Executive Decisions Group will look to help the chain return to growth after it emerged from bankruptcy earlier this year.

Food

Wingstop gets into the chicken sandwich business

By Heather Lalley on May 13, 2022

The wing chain, whose stock price has fallen more than 50% this year, is testing “sauced-and-tossed” chicken sandwiches in 11 flavors at 60 restaurants.

Financing

'Mass exodus': McDonald's franchisees are leaving the system

By Jonathan Maze on May 13, 2022

A record 1,700 stores changed hands last year. High valuations and a difficult operating environment are leading many franchisees to sell their restaurants. But some say culture problems, low morale and constant disputes are playing a major role.

Financing

Staffing issues, remodels disrupt Pollo Tropical’s sales

By Heather Lalley on May 13, 2022

The chicken chain said it has raised prices more than 13% in recent months but has taken a phased approach so as not to upset value-minded diners.

Financing

How big Burger King franchisee Carrols plans to combat historic inflation

By Jonathan Maze on May 12, 2022

The company’s labor issues have improved, but food costs have risen 17% over the past year, thanks to high beef costs. It says pricing alone won’t fix the problem.

Operations

Restaurants ask Congress for relief on swipe fees

By Peter Romeo on May 12, 2022

A sharp increase in the fees has merchants pushing for fundamental changes in the credit card industry.

Financing

Krispy Kreme finds that Twix can lift sales

By Jonathan Maze on May 12, 2022

The doughnut chain said that its attention-getting doughnuts, such as one stuffed with a Twix bar, and more locations can generate sales without major price hikes.

Technology

Ghost kitchens prove a dead end for many restaurants

By Joe Guszkowski on May 12, 2022

Independent operators say the delivery-only business is more difficult than it’s cracked up to be. Their challenges have led providers to rethink their strategy.

Financing

Saladworks parent acquires Barberitos Southwestern Grille and Zoup!

By Heather Lalley on May 12, 2022

WOWorks, the collector of better-for-you fast-casual chains, now operates six brands and plans to have more than 400 locations by the end of the year.

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