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Financing

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

Financing

Papa John’s defends Shaq as its founder sells more shares

The chain’s sales slowed in the first quarter but remained better than other restaurants as consumers opt for more delivery.

Financing

Fund offering $15K in aid payments to small restaurants swamped within hours of opening

The James Beard Foundation Food and Beverage Industry Relief Fund stopped accepting applications for its grants after receiving “an overwhelming response.”

Yum Brands, Wendy’s and Huddle House are among franchisors letting franchisees delay capital projects.

David Gibbs’ salary will go to general managers at company-owned Taco Bell, KFC and Pizza Hut units, as well as the company’s foundation.

Restaurant Brands International is also providing rent relief and is easing requirements for remodels to keep operators afloat.

Experts stress restaurants should have conversations with their landlords, though not everybody is finding a receptive audience.

The pizza chain said the shutdown has impacted its sales in ways that it cannot yet “fully quantify” and says 1,400 global locations are temporarily closed.

The National Restaurant Association says 3% of restaurants are closed for good, and 11% could join them within a month, says RB’s The Bottom Line.

To stay afloat, operators push curbside and delivery and get creative with at-home decorating kits.

The chain’s sales were up 15% in the week after its breakfast launch before the pandemic changed everything.

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