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Financing

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

Financing

Domino's regains its momentum

 By Jonathan Maze on Dec. 08, 2023

The pizza chain is regaining delivery customers as profitability improves, thanks to better operations, staffing and higher prices. It is now focused on accelerating growth worldwide.

Financing

With CosMc's, McDonald's shows its risk-taking side

 By Jonathan Maze on Dec. 08, 2023

The Bottom Line: The first unit of McDonald’s opened to long lines in its first two days. The concept proves that the company can get attention. And it’s willing to take some chances.

Financing

Big restaurant chains get aggressive on unit growth

By Jonathan Maze on Dec. 08, 2023

The Bottom Line: Yum Brands, McDonald’s and Domino’s are all making a big push to accelerate growth. Most of it will come outside the U.S. But they have domestic plans, too.

Financing

Restaurants find unlikely allies in the push to roll back credit card fees

By Peter Romeo on Dec. 08, 2023

Working Lunch: A newly formed alliance includes parties that are usually opposed to the industry on political matters.

Financing

National Restaurant Association takes aim at FTC's proposal to kill add-on fees

By Peter Romeo on Dec. 07, 2023

The association wants operators to speak out against a ban on service fees, which have become increasingly popular at restaurants.

Financing

Chris Kempczinski changes his tune on restaurant automation

By Jonathan Maze on Dec. 07, 2023

The Bottom Line: While noting that humans will continue to drive restaurants, the McDonald’s CEO notes that the calculus on automation gets closer as labor costs soar.

Financing

McDonald's is a chicken chain now

By Jonathan Maze on Dec. 06, 2023

The company’s chicken business is “on par” with its beef business as Americans continue to devour more poultry. It plans more chicken products in the coming years.

Financing

Check out McDonald's new concept, CosMc's

By Jonathan Maze on Dec. 06, 2023

The fast-food giant says plans to open its drive-thru beverage brand in Illinois this month, with nine more in Texas by the end of 2024.

Financing

KFC to acquire 200 restaurants in the UK from a franchisee

By Jonathan Maze on Dec. 06, 2023

The chicken chain says that the deal will help it accelerate its growth in the United Kingdom and Ireland.

Financing

McDonald's wants 50,000 restaurants by 2027

By Jonathan Maze on Dec. 06, 2023

The burger giant plans to rapidly speed its unit growth in the coming years while it uses Google Cloud technology to connect restaurants and improve operations.

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