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Financing

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

Financing

Checkers has the upper hand in a drive-thru future

Frances Allen, CEO of the drive-thru burger chain, joins this week’s episode of the RB podcast “A Deeper Dive” to talk about the industry’s challenges and the chain’s growth strategies.

Financing

Chili’s is raising prices to combat rising labor, food costs

Parent Brinker International saw operating margins fall in the first quarter but said demand remains strong.

The Minneapolis-based coffee chain is making a big bet on its drive-thru concept, one it designed with some assistance from its top operators.

Fresh Acquisitions, whose assets were just sold to Famous Dave’s owner, is being accused of misappropriating $20 million before it filed for bankruptcy, including $4 million in Paycheck Protection Program funds.

The undisclosed investment by Great Plains Capital LLC will be used to speed up growth plans at the quick-service pizza chain.

The pizza chain has had the same $5.99/$7.99 offers for years. Higher labor and food prices have some analysts wondering if the company will change it, says RB’s The Bottom Line.

Southwest Pizza had been an operator of the CEC Entertainment-owned brand for nearly 40 years.

The Mexican chain said that labor challenges are costing it business but noted that sales have picked up in recent weeks.

Despite store closures and 1 million fewer workers, sales have more than recovered from the pandemic. Higher prices and more takeout have made the business more efficient, says RB’s The Bottom Line.

More industry executives believe restaurants may never get all their workers back and should focus on improving overall productivity.

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