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Financing

Pandemic challenges behind them, restaurant chains push unit growth

More concepts are hoping they can translate improving sales to strong unit growth, either themselves or with franchisees.

Operations

On The Border tries a back-to-the-future approach

The casual chain hopes to kindle some nostalgia among its fans, at least initially, as it works toward a comeback.

Workforce

Employees’ take on staffing woes: Restaurants have themselves to blame

By Peter Romeo on May 15, 2021

A union-affiliated survey of industry employees found that 53% intend to leave their restaurant jobs, most likely because of wages.

Workforce

Restaurants say hiring is thwarted by a generous uncle named Sam

By Peter Romeo on May 15, 2021

Sweetened unemployment benefits are seen as the main reason by far for the industry’s recruitment challenges.

Financing

These restaurant chains could all go public soon

By Jonathan Maze on May 14, 2021

Sweetgreen is the latest chain reportedly considering an initial public offering. Dutch Bros and Torchy’s are both considering a similar move and Krispy Kreme has already filed, says RB’s The Bottom Line.

Operations

Restaurants caught off-guard by CDC's new mask guidance

By Heather Lalley on May 14, 2021

"We're pretty much bound to piss off someone," one Seattle operator said, mulling whether her establishments should still require masks.

Leadership

Why the restaurant industry needs its own vaccine passport

By Peter Romeo on May 14, 2021

The CDC has cleared the way for a quicker return to normal for the business. What's missing is a way of verifying which customers are vaccinated. Why shouldn't restaurants remedy that lack themselves?

Consumer Trends

Casual dining roars back, but will the upswing continue?

By Peter Romeo on May 13, 2021

The segment's strong April is attributed to both short-term and long-term factors, with plenty of uncertainty sprinkled in.

Financing

Subway franchisees expect several thousand more closures

By Jonathan Maze on May 13, 2021

Many of the sandwich chain’s operators are simply waiting for their leases to end so they can walk away, some operators say. RB’s The Bottom Line examines why.

Financing

Starboard Value takes some equity out of its Papa John’s investment

By Jonathan Maze on May 12, 2021

The investment fund, which bought $250 million in preferred shares two years ago, is selling some of them back for $184 million, says RB’s The Bottom Line.

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