Financing

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

Financing

Fast-food chains will have to think creatively to get back their lost traffic

The Bottom Line: Customers are opting to stay home rather than dine out. With costs still elevated, brands will have to think differently to get them back.

Financing

Wingstop versus Popeyes: The next great restaurant battle

The Bottom Line: The two fast-food chains are increasingly going head-to-head over chicken sandwiches and chicken wings.

The fast-food restaurant giant has an agreement to buy Alonyal Limited, the country’s franchise owner. The market has struggled since the outbreak of the Middle East conflict.

The fast-food chicken sandwich chain generated nearly $22 billion in U.S. system sales last year, according to its franchise disclosure documents, while both mall and non-mall locations thrived.

But the fast-food chain’s chief executive, who was recently given the chairman title, still makes less than he did two years ago.

The combination restaurant and arcade chain is working on upgrading its menu offerings to bolster food attachment. But it is also planning to raise gaming prices to improve profits.

A business group learned the financial giant intends to increase what it collects from associated banks, signaling a possible bump in what merchants are charged. But Mastercard stresses that the changes are unrelated to swipe fees.

The Bottom Line: It’s not certain yet how the $20 wage will impact chain restaurants. But one thing is clear: Most of the companies affected are small businesses that are already facing profit challenges.

A Deeper Dive: Michael Skipworth, CEO of the chicken chain, joins the Restaurant Business podcast to discuss wings, chicken sandwiches and technology.

A Deeper Dive: The chief executive of the fast-casual chicken wing chain talks about how his restaurant chain solved the wing cost problem, how chicken sandwiches transformed the business, and the prospects for going 100% digital.

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