Financing

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

Financing

Red Robin sells 10 restaurants for $24M in sale-leaseback deal

It’s the third such deal over the past year for the chain, which will use the proceeds to pay down debt.

Financing

Papa Johns has big plans to boost sales this year

The company is shifting spending from local marketing to national marketing and has plans for “major food innovation” come April.

Two key proxy advisory firms have endorsed the coffee chain giant's board nominees over those nominated by a union-backed group.

The Bottom Line: The pizza delivery chain’s business with companies like Uber Eats and DoorDash is thriving while its own delivery is slowing. But this isn’t the beginning of the end of self-delivery, CEO Rob Lynch says.

CEO John Chidsey told operators this week that they should remodel their locations or get out of the system. And he recruited help from franchisees who have upgraded their restaurants.

The former NBA player turned pitchman will not run for re-election on the board due to business commitments. But he will maintain a relationship with the pizza chain.

The fast-food burger chain walked back statements that it would test “dynamic pricing,” saying that digital menu boards would enable discounts during low-traffic parts of the day.

A Deeper Dive: Robert Byrne, director of consumer and industry insights with Technomic, joins the Restaurant Business podcast to talk about fast-food value.

The Bottom Line: The burger chain mentioned last week that it would test the pricing strategy sometime next year. Consumers frustrated with prices reacted swiftly.

The pizza delivery chain added the largest number of new operators in 15 years in 2023. All of them started as delivery drivers or other employees within the system.

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