Financing

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

Financing

Starboard Value takes some equity out of its Papa John’s investment

The investment fund, which bought $250 million in preferred shares two years ago, is selling some of them back for $184 million, says RB’s The Bottom Line.

Financing

Subway franchisees want their royalty payments cut

A group of operators is asking the company’s shareholders to cut its franchise fees to 4.5% from 8%. Its royalties are higher than other sandwich chains.

Dennis Maloney, the chain’s chief innovation officer, joins this week’s episode of the RB podcast “A Deeper Dive” to talk about technology and robots.

The company is limiting dipping sauces to one per customer at many locations as supply chain disruptions hit the chicken chain.

Initial grants averaged $125,000, draining the fund by about 7%. Industry officials have voiced fears that the pool will run dry in a matter of weeks.

The fast-casual chain had its bankruptcy case dismissed so it could apply for the Restaurant Revitalization Fund, its “only realistic hope" to survive.

CtW Investment Group, California Public Employees Retirement System and others argue the company let Steve Easterbrook walk away with millions even as its former chief people officer was fired.

A federal judged ruled that losses as well as damages could be covered by a business-interruption policy.

The burger chain, which avoided bankruptcy after its parent company repaid its debt, saw revenues decline while many stores remain closed.

A Subway franchisee helps explain the challenge in finding workers, and the impact it is having on their business, says RB’s The Bottom Line.

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