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Leadership

2 former McDonald’s executives take over the C-suite at Bojangles’

 By Heather Lalley on Jan. 28, 2019

The moves come the same day the chicken-and-biscuit chain’s acquisition was finalized.

Financing

Here’s why restaurant chains aren’t going public right now

 By Jonathan Maze on Jan. 28, 2019

RB’s The Bottom Line examines the poor record of the last generation of IPOs and what it would take for another chain to go public.

Financing

Subway closed 1,100 restaurants last year

By Jonathan Maze on Jan. 28, 2019

The company has fewer than 25,000 locations in the U.S., the lowest level since 2011.

Operations

Luby’s sales and traffic continue to plummet

By Heather Lalley on Jan. 28, 2019

Executives, who say they’re in the midst of a turnaround, plan to focus on marketing to reverse a 5.5% drop in same-store sales for Q1.

Leadership

David Gibbs named COO of KFC owner Yum Brands

By Jonathan Maze on Jan. 28, 2019

The company veteran and former CFO will assume operating leadership of the global KFC division.

Operations

Starbucks reports 4% increase in comps

By Heather Lalley on Jan. 25, 2019

Traffic remained flat at the coffee giant for Q1, despite jumps in its loyalty program and a delivery push.

Operations

Luby’s activist investor doesn’t win shareholder support

By Heather Lalley on Jan. 25, 2019

Bandera Partners lost its bid to remake the struggling chain’s board at the annual shareholder meeting.

Financing

Wall Street really likes Chipotle’s new management

By Jonathan Maze on Jan. 25, 2019

The company’s stock has soared since Brian Niccol took over, says RB’s The Bottom Line.

Financing

Will the shutdown hurt restaurant sales? It’s not clear

By Jonathan Maze on Jan. 24, 2019

Sales data shows little evidence that shutdowns depress sales, but this one is different, says RB’s The Bottom Line.

Leadership

Charles Watson named Tropical Smoothie CEO

By Jonathan Maze on Jan. 24, 2019

The company says it's on track to generate $1 billion in sales within five years.

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