Financing

How your restaurant sales and profits compare to competitors' and what you can do to improve financial performance

Financing

A black market develops for restaurant reservations

The Week in Restaurants: This episode of the weekly restaurant news discussion podcast looks at the recently concluded National Restaurant Show and a dispute at Hardee’s.

Financing

For Snarf's Sandwiches founder Jimmy 'Snarf' Seidel, the hard work pays off

Seidel loaded his car 30 years ago and moved to Colorado with a dream for a restaurant and not much else. Today, Snarf’s is the industry’s fastest-growing sandwich concept.

The Bottom Line: The supply of workers is strong enough that restaurant chains can expand hours and go on hiring sprees. But limits on immigration could stop that.

A 76-unit franchisee out of Tennessee, Alabama, Mississippi and Florida that doesn’t accept digital orders or keep restaurants open for dinner has sued the fast-food chain to stop a termination effort.

The Bottom Line: Data from Technomic shows that dine-in service builds equity with customers. So restaurant chains should not ignore it, even if most business walks out the door.

A Deeper Dive: Michelle Korsmo, CEO of the National Restaurant Association, joins the restaurant finance podcast to talk about tariffs, immigration and the state of the restaurant business.

The closures of underperforming stores leave the Caribbean-inspired casual-dining chain with about 30 locations. Darden also closed a few locations in its Seasons 52 and Eddie V’s concepts.

The Bottom Line: From the success of brands like Crumbl and Dave’s Hot Chicken to the struggles at Starbucks and McDonald’s, social media is playing a massive role in how consumers view chains.

A growing percentage of diners are eating their meals in their cars, thanks to social media and growing use of drive-thru and mobile order.

Consumers may be getting their food to-go more often, but they still demand music and free Wi-Fi. They also want their restaurants to be innovative, sustainable and provide good value.

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