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Financing

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

Financing

Starbucks took a step back, and made a giant leap

 By Jonathan Maze on Oct. 22, 2021

RB’s The Bottom Line examines a key decision in the coffee giant’s 50-year history: Its decision to close hundreds of stores during the Great Recession.

Financing

Franchisees buy Rapid Fired Pizza

 By Heather Lalley on Oct. 22, 2021

The fast-casual pizza chain has been acquired by franchisees Pie Guy Restaurants, with former Long John Silvers head serving as its new CEO.

Financing

BJ’s laser-focused on labor as sales slip

By Joe Guszkowski on Oct. 22, 2021

Understaffed restaurants had to limit their menus and hours, putting a lid on sales.

Financing

Portillo’s CEO: IPO day is ‘like a rollercoaster’

By Heather Lalley on Oct. 21, 2021

The 67-unit fast casual, known for its Italian Beef sandwiches, ended its first day on the market with its share price at $29.10, up 45.5% from its starting price. It raised more than $405 million from the IPO.

Financing

Chipotle reports record-breaking third quarter sales

By Heather Lalley on Oct. 21, 2021

The fast casual said same-store sales increased 15.1% during the third quarter, with revenue climbing 21.9% to $2 billion.

Financing

Portillo’s aims high with IPO at $20 per share

By Heather Lalley on Oct. 21, 2021

The 67-unit fast casual, with a menu of regional Chicago fare like hot dogs and Italian Beef sandwiches, will offer more than 20 million shares for sale starting Thursday.

Financing

Some Casa Bonita superfans don’t want ‘South Park’s’ creators to buy the quirky landmark

By Heather Lalley on Oct. 20, 2021

A group called Save Casa Bonita has filed an objection to the proposed sale, offering to pay $3.5 million for the Mexican restaurant/tourist attraction.

Financing

Checkers has the upper hand in a drive-thru future

By Jonathan Maze on Oct. 20, 2021

Frances Allen, CEO of the drive-thru burger chain, joins this week’s episode of the RB podcast “A Deeper Dive” to talk about the industry’s challenges and the chain’s growth strategies.

Financing

Chili’s is raising prices to combat rising labor, food costs

By Joe Guszkowski on Oct. 20, 2021

Parent Brinker International saw operating margins fall in the first quarter but said demand remains strong.

Financing

The pandemic has overhauled attitudes on drive-thrus

By Jonathan Maze on Oct. 20, 2021

With dine-in still a long way from recovering and heavy demand for takeout, the controversies surrounding the lanes have faded away, says RB’s The Bottom Line.

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