Financing

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

Financing

Restaurants added a lot more jobs last month

The industry added 175,800 jobs in March and now employs more people than it has since the start of the pandemic.

Financing

After a strong year, Fazoli’s starts thinking big

The fast-casual Italian chain says its sales have thrived over the past year, thanks to its drive-thrus, setting it up for unit growth for the first time in a decade.

Sales at the 500 largest chains fell 8% last year and they closed a lot fewer units than expected, but the 50 largest chains performed far better than everyone else.

Chains say that takeout sales have increased even as more people go into their locations to eat, a phenomenon operators find promising, says RB’s The Bottom Line.

The chain’s same-store sales rose 21% in the first quarter, completing a remarkable year. But its performance was improving long before quarantine, says RB's The Bottom Line.

The Chicago food emporium, which expects to open its first location in Chicago in June, raised another $15 million from existing investors, including Thompson’s Cleveland Avenue.

This week’s episode of the RB podcast “A Deeper Dive” features the founder of the country’s largest operator, coming off its purchase of most of NPC International.

Consumers, stimulus checks in hand, are spending at restaurants, often outpacing 2019 numbers and creating supply chain problems in the process.

Mill Road Capital has created a fund to improve the culture at smaller public companies while committing to more diversity among director candidates, says RB’s The Bottom Line.

The pizza chain is launching “The Hut Lane" pickup windows for digital and phone orders in 1,500 locations across the country.

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