sales and profits

Financing

Black Box: 3Q same-store sales best in 3 years

But restaurants continue to lose customers as traffic declined yet again.

Financing

Spotty growth forecast for restaurants in 2019

An early peek into next year suggests better times for casual dining and fast casual, but not quick service.

The chain, which closed another five units last quarter, is about to open a new, cheaper “Goldilocks” prototype.

Challenges have hit onetime growth chains such as Taylor Gourmet, LYFE Kitchen and Noon Mediterranean, says RB’s The Bottom Line.

The casual-dining superpower says it will focus as much on recruiting and keeping employees as it will on drawing customers.

But restaurants and other merchants will only see compensation, not a change in controversial policies and practices.

The addition of a "Jurassic Park"-themed VR game failed to pull the chain out of its sales and traffic slide.

The company said that its same-store sales and traffic increased over the summer.

Weak sales, failed refranchising and costs from a gift card program all contributed to the chain’s financial struggles.

The casual chain acknowledges it was surprised by the drop-off in dining room business, and suggests much of it was self-inflicted.

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