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Financing

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

Financing

The robot revolution is apparently not imminent

 By Jonathan Maze on Aug. 31, 2022

The Bottom Line: Chili’s move to suspend its robot server expansion is the latest piece of evidence suggesting that automation may be further away than we think.

Financing

Economic pain spreads to the middle class

 By Jonathan Maze on Aug. 26, 2022

The Bottom Line: Inflation is no longer just a problem for lower-income households. Middle-class earners have lost spending power and are trading down.

Financing

Topgolf gets a promotion at Callaway

By Jonathan Maze on Aug. 25, 2022

The golf equipment maker, which acquired the golf-focused eatertainment concept in 2020, will now be known as Topgolf Callaway Brands Corp.

Financing

In an uncertain quarter, fine dining continued to outperform

By Jonathan Maze on Aug. 25, 2022

The Bottom Line: Profitability concerns and fears of an economic downturn overshadowed strong overall sales.

Financing

Chili’s to rein in giveaways under new CEO's rebound plan

By Joe Guszkowski on Aug. 24, 2022

It’s one of a number of “interventions” being led by new CEO Kevin Hochman, including a revamped loyalty program and a variety of operations and menu changes.

Financing

Nearly half of restaurants couldn't cover their August rent, study finds

By Peter Romeo on Aug. 24, 2022

The research says delinquencies across all small businesses are at an 18-month high because of deteriorating business conditions and landlords raising their fees.

Financing

A look at Krispy Kreme’s innovative marketing strategy

By Jonathan Maze on Aug. 24, 2022

A Deeper Dive: Dave Skena, global chief brand officer for the doughnut chain, talks about the company’s efforts to get attention in a competitive market.

Financing

16 Handles is sold to a group featuring YouTuber Danny Duncan

By Jonathan Maze on Aug. 23, 2022

The 30-unit frozen yogurt chain was sold to its largest franchisee, Neil Hershman, who brought in Duncan to be its chief creative officer.

Financing

Top tips for reducing workers compensation spend

Sponsored content from our partner Brady Risk Management on Aug. 23, 2022

At a time when restaurants everywhere are trying to do more with less—thanks to staffing challenges, high labor and food costs and more—there’s significant demand on service staff both in the front an...

Financing

A brief history of Sardar Biglari’s decade-long campaign against Cracker Barrel

By Jonathan Maze on Aug. 22, 2022

The Bottom Line: The activist investor and owner of Steak n Shake has tried several times to get on the family-dining chain’s board, with no success. It’s not stopping him from trying again.

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