Financing

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

Financing

McDonald’s will reopen some restaurants in Ukraine

The burger giant said it has started a phased reopening of its locations in the country, which have been closed since the Russian invasion.

Financing

Ruby Tuesday founder’s SPAC prepares to wind down

The Bottom Line: Fast Acquisition will redeem all its shares later this month after a previous deal with Tilman Fertitta fell through, but not before a shareholder files a lawsuit.

The drive-thru beverage chain’s same-store sales have been hurt by its aggressive building strategy. But it says it is building overall coffee market share by preventing long lines and poor service.

The burger chain’s largest operator said it believes its labor costs and commodity prices are improving, which could help its profit margins later this year.

The burger chain, which last year announced a bold deal to open 700 locations in Reef Kitchens, now plans to open as few as 100 after Wendy’s “reevaluated” its development commitment.

Food away from home inflation was 7.6% last month and prices held steady at both full-service and limited-service restaurants. Overall, consumer prices were flat in the month.

The Miami-based chicken chain has an agreement with the private equity firm Cartesian Capital Group to develop restaurants in the country.

A Deeper Dive: National Restaurant Association CEO Michelle Korsmo joins the podcast to discuss a wide range of topics, particularly the state of the industry and independents.

Following a successful $10 meal deal, the chain is queuing up happy hour and lunch specials, even as it works to keep costs down.

The city had charged the burrito chain with violating scheduling and sick leave rules. The settlement affects about 13,000 workers.

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