Financing

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

Financing

Restaurant sales rise, thanks to inflation and consumer demand

The Bottom Line: Restaurant sales rose 1% in June, about as much as menu prices increased. The average consumer remains resilient and less willing to cut back on dining out than on other things.

Financing

N.Y. donut shop owners get jail time for hiding sales, paying workers off the books

The Zourdos and their son were also ordered to pay the government $2 million.

Prices for full-service restaurants rose 8.9% on an annual basis while fast-food meals increased 7.4% as overall inflation rose at its highest rate since 1981.

Prices hit a 40-year high again in June. But overall inflation has been worse.

A Deeper Dive: Pat Cobe, senior menu editor for Restaurant Business, joins this week’s podcast to discuss the new “Subway Series” menu change and whether it will generate sales.

The restaurant franchise operator also named Lynne Collier a new independent director. Ed Rensi, the company’s former chairman, will become vice chairman.

The Bottom Line: The fast-growing cookie chain has been filing lawsuits against companies over mimicking its business ideas. It goes to the heart of one of its biggest risks.

Tim Gayhart bought the 44-unit pizza concept for an undisclosed amount from The Deters Company. He’s been a franchisee since 1991.

The food-and-games chain said it has four locations that are “big and unwieldy” and might make more sense as units of its recently acquired eatertainment brand.

The burger giant is buying out Caspers Company, whose family has run the business for more than 60 years, and which was instrumental in creating the National Owners Association.

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