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Financing

Kura Sushi warns about weak sales in California

 By Jonathan Maze on Jun. 27, 2024

The chain of conveyor-belt sushi restaurants said that its results last quarter “did not meet our expectations” and blamed it on “unanticipated softness in California.”

Financing

Where are they now? The fastest-growing restaurant chains from 2013

 By Jonathan Maze on Jun. 27, 2024

Restaurant Business looks at the 10 brands from the Technomic Top 500 Chain Restaurant Report that grew the fastest in 2013, one decade ago. Here’s how they’re doing today.

Financing

This is why the restaurant business is in a value war right now

By Jonathan Maze on Jun. 24, 2024

The Bottom Line: Same-store sales have slowed markedly for the past year as customers shifted to other options. And now operators are furiously working to get them back.

Operations

In a tough year for casual dining, Asian concepts were clear winners

By Joe Guszkowski on Jun. 17, 2024

Sushi and Korean barbecue were on fire in 2023. Full-service pizza, meanwhile, came up cold.

Financing

Citing weak industry traffic, Technomic cuts its 2024 restaurant sales forecast

By Jonathan Maze on Jun. 10, 2024

The data firm, a sister company of Restaurant Business, has revised down its sales expectations by 1.5 percentage points. Can a value war bring some of that traffic back?

Operations

Batten down the hatches for more severe weather ahead

By Peter Romeo on Jun. 04, 2024

The storms that dampened restaurant traffic during Q1 were a preview of what the industry can expect through the remainder of 2024, though with more heat, wind and rain, according to forecasters.

Marketing

Where are Simone Biles fans going to eat this Olympics?

By Peter Romeo on Jun. 03, 2024

Reality Check: Restaurants will be competing for attention this year with the Summer Games and political advertising. It could be a test of whether digital marketing, and loyalty programs in particular, can deliver on their promise.

Operations

Casual-dining chains had a difficult year

By Joe Guszkowski on Jun. 03, 2024

Price-conscious consumers began to shift away from sit-down restaurants in 2023 after embracing them a year earlier. That made growth difficult to come by.

Financing

Here's a business tool to keep restaurant executives employed after a tough Q1

By Peter Romeo on May 10, 2024

Reality Check: The first three months of 2024 weren’t easy on restaurant chains, but spin-doctoring proved to be. Indeed, there must have been a run on shovels.

Operations

3 reasons Chili's is doing so well right now

By Joe Guszkowski on Apr. 30, 2024

A focus on value and operations is helping both sales and profits at the casual-dining chain.

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