Financing

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

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.”

Financing

Franchisors start giving breaks on remodels

By Jonathan Maze on Mar. 30, 2020

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

Financing

Yum Brands’ CEO is giving his salary to general managers

By Jonathan Maze on Mar. 30, 2020

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.

Financing

Burger King’s owner is sending cash and thermometers to its franchisees

By Jonathan Maze on Mar. 30, 2020

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

Financing

Operators and landlords face uncertainty as rent comes due

By Jonathan Maze on Mar. 30, 2020

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

Financing

Not even Domino’s can escape the coronavirus impact

By Jonathan Maze on Mar. 30, 2020

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.

Financing