Financing

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

Financing

AI is playing a bigger role in menu development

A Deeper Dive: In this latest segment on the impact of AI in restaurants, the restaurant finance podcast examines the impact the technology is having on the menu.

Financing

Papa Johns, shifting away from company restaurants, sells 85 locations to a franchisee

The pizza chain completed a “strategic refranchising” of a joint-venture operation in Washington, D.C., and Baltimore to Pie Investments, which will open another 52 locations in the market by 2030.

The Round Table Owners Association is accusing the pizza chain of “intentional mismanagement” of the marketing fund since Fat Brands bought the company in 2021, leading to falling sales.

Restaurant sales were strong in September, according to new federal data. But same-store sales and traffic at fast-food chains continued to be weak last quarter and consumer confidence is low.

The restaurant industry faces pressure all over the world, including consumer changes and threats to the economic model. Operators are responding with a lot of innovation and technology.

The Bottom Line: This week’s episode of the restaurant finance newsletter looks at the challenges with Panera Bread, which illustrates the dangers of acquisitions and management changes.

The two companies terminated an information-sharing process that could have created the country’s largest broadline distributor for restaurants and other foodservice providers.

The Bottom Line: The restaurant brand collector went from acquiring cheap chains to buying up much larger and more expensive brands using whole business securitizations. And then the market tanked.

The Week in Restaurants: This week’s episode of the restaurant news discussion podcast looks at Panera’s new turnaround strategy, the latest in Cracker Barrel’s logo saga, and Sweetgreen’s pivot to protein.

A group led by Consortium Brand Partners is set to acquire the casual-dining pizza chain for less than $300 million, Reuters reported.

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