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Financing

BJ's Restaurants sees sales climb back to pre-holiday levels

The rise in per-restaurant revenue came despite the continuing suspension of indoor dining in California, the casual chain's largest market.

Financing

Restaurants end a tough year on a down note

Sales declined almost 20% last year and slowed in the last three months of 2020 as a surge in coronavirus infections hammered the industry.

The industry is active, focused on adding technology and expecting a quick turnaround.

The drive-thru burger chain has a new loyalty program, new franchisees and is testing a new kitchen design.

The pizza chain, which has enjoyed an unprecedented run of same-store sales growth, says it is focused on growing its overall sales, says RB’s The Bottom Line.

A doubling of off-premise business failed to offset the loss of on-site business, the franchisor said.

New sales data shows the industry has lost footing after a summer of recovery as shutdowns take hold, says RB’s The Bottom Line.

Same-store sales have slipped during the period from -1% to -12.3% and parent Brinker International is pulling back quarterly guidance.

The multi-brand operator said 10 of its 46 restaurants have closed their dining rooms.

Though consumers are staying home, the company said it is still seeing “nice performance” on its gift cards this holiday season.

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