OPINIONFinancing

McDonald’s and Subway close units and increase sales

The Bottom Line: Two of the three biggest chains combined closed more than 1,400 restaurants last year. But their individual locations make more money.

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Financing

Executives' franchisee profitability comments are pointless until they report the data

The Bottom Line: McDonald’s and its franchisees differ on the profitability of restaurants, but we can’t judge for ourselves because the company doesn’t release the data, like most franchise businesses.

Emerging Brands

The race is on for a piece of the pickleball pie

New concepts seem to pop up daily. Here's a look at how the pickleball eatertainment landscape is taking shape.

Financing

Will Subway make Roark Capital too dominant? Not really

The Bottom Line: The addition of the sandwich giant will make Roark a bigger player than McDonald's in the U.S. But its position in the sandwich market will not be all that unusual.