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

Arizona chain Eegee's declares bankruptcy

By Jonathan Maze on Dec. 06, 2024

The fast-food sandwich chain is seeking Chapter 11 bankruptcy and closed five locations, according to local reports. The chain had been hinting at struggles for months.

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Noodles & Company stock hits a new, all-time low

By Jonathan Maze on Dec. 06, 2024

The Bottom Line: The fast-casual noodle chain was once dubbed the "Next Chipotle." But it has lost 80% of its value this year amid persistent sales weakness and compounding losses.

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Former TGI Fridays' CEO makes an offer for bankrupt restaurants

By Joe Guszkowski on Dec. 06, 2024

Ray Blanchette’s Sugarloaf Concessions bid $30.5 million for nine locations of the casual-dining concept, including its high-volume outlets at DFW Airport.

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Shoppers apparently returned to stores on Black Friday

By Jonathan Maze on Dec. 05, 2024

The Bottom Line: Holiday shopping season isn’t what it used to be as more than half of consumers get most of their gifts online. But they were more likely to shop inside stores last weekend.

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Why restaurant chains are releasing so many new menu items

By Jonathan Maze on Dec. 04, 2024

A Deeper Dive: This week’s episode of the Restaurant Business podcast focuses on the rapid increase in new menu items from restaurant chains, and why they should consider slowing down.

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Most consumers now consider convenience stores viable alternatives to fast food

By Jonathan Maze on Dec. 04, 2024

The Bottom Line: More than half of U.S. consumers now believe convenience-store prepared food is a good alternative to quick-service chains. Did value drive that change?

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Here's everything we know about the bidding war for 7-Eleven's parent company

By Jonathan Maze on Dec. 04, 2024

Seven and I Holdings, the parent company of the convenience-store chain, is weighing multiple options for its future, including an offer from the owner of Circle K and a management buyout that could result in a U.S. IPO for its North American operations.

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Court shields restaurants from ownership reporting requirements

By Peter Romeo on Dec. 04, 2024

A ruling Tuesday blocks the federal government from enforcing a mandate that LLCs and small corporations file beneficial ownership information by Jan. 1.

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