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Financing

Inflation taking its toll on some consumers, but not others

 By Jonathan Maze on May 26, 2022

The Bottom Line: On Thursday, Macy’s said its consumers were fine, while Burlington said its consumers were not, showing that inflation is first taking its toll on lower-income customers.

Financing

Wendy’s, with Nelson Peltz pulling the strings, missed the consolidation boat

 By Jonathan Maze on May 25, 2022

The Bottom Line: The burger chain tried operating other brands and then sold them to focus on its core brand. But that may not be doing the company any favors on Wall Street.

Technology

Off-premise diners continue to fall for third-party apps

By Joe Guszkowski on May 25, 2022

Tech Check: A report from DoorDash shows that the big apps are increasingly becoming consumers’ chosen method for finding and ordering food to-go.

Financing

How independent operators can keep pace with rapidly changing technology

By Jonathan Maze on May 23, 2022

The Bottom Line: The National Restaurant Association Show displayed some of the latest gadgets to improve efficiency and reach more customers. But can those that need it most afford it?

Financing

Howard Schultz puts some money into Starbucks

By Jonathan Maze on May 20, 2022

The Bottom Line: The interim CEO, who did away with company buybacks, has been buying up shares of the company’s stock and now owns 21.8 million shares directly or indirectly.

Financing

Restaurants’ finances turned south in a hurry

By Jonathan Maze on May 19, 2022

The Bottom Line: Margins were fine last fall as sales recovered. But high food costs on top of high labor costs have done them in. And some concepts are already feeling the pain.

Leadership

Wyman Roberts’ career in food has been all about people

By Joe Guszkowski on May 18, 2022

The outgoing CEO of Brinker International reflects on his impact over 17 years at the Chili’s and Maggiano’s parent.

Financing

As grocery prices take off, restaurants’ sales improve

By Jonathan Maze on May 18, 2022

The Bottom Line: Sales at restaurants and bars are now at a higher percentage of Americans’ food dollar than they’ve ever been. They can thank higher grocery prices for that.

Financing

McDonald’s Russia closure is a rare international setback

By Jonathan Maze on May 17, 2022

The Bottom Line: The burger giant has flourished in international markets even as its U.S. growth slowed. But its $1.4 billion decision to pull out of the market demonstrates the risk of global expansion.

Financing

Restaurants need one voice in a post-RRF world

By Peter Romeo on May 17, 2022

Reality Check: The Independent Restaurant Coalition needs to become part of the National Restaurant Association.

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