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Financing

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

Financing

Tim Hortons is investing millions to ‘supercharge’ marketing

 By Jonathan Maze on Mar. 15, 2021

The company is investing $64 million to highlight improvements to its menu and digital strategy and is increasing franchisees’ ad fund contributions.

Financing

El Pollo Loco feels the drag of closed dining rooms in Los Angeles

 By Peter Romeo on Mar. 12, 2021

Everywhere else, comps are solidly in positive territory.

Financing

Subway is moving some functions to Miami

By Jonathan Maze on Mar. 12, 2021

Subway, the Milford, Conn., sandwich chain, is opening an office there, near the home of CEO John Chidsey. It is the latest in a string of big changes at the struggling company.

Financing

The Simple Greek to be acquired by the parent company of Saladworks

By Heather Lalley on Mar. 12, 2021

The Simple Greek fast-casual chain is being acquired by multi-concept operator WOWorks, which also owns Saladworks and Garbanzo Mediterranean Fresh.

Financing

Breaking down MrBeast Burger’s first 1 million burgers

By Joe Guszkowski on Mar. 12, 2021

The popular virtual concept hit the milestone this week after a little under three months in business. So how big is MrBeast really?

Financing

There may be too many restaurant SPACs

By Jonathan Maze on Mar. 12, 2021

Steve Salis, founder of Ted’s Bulletin owner Salis Holdings, has founded the special purpose acquisition company Sizzle. Restaurant Business Editor-in-Chief Jonathan Maze wonders if there are too many buyers and too few sellers.

Financing

Get ready for a big spring

By Jonathan Maze on Mar. 12, 2021

Stimulus payments, easing restrictions, vaccinations—and easy comparisons—could make for remarkably strong sales over the next two months, says Restaurant Business Editor-in-Chief Jonathan Maze.

Financing

The joint-employer standard is up in the air again

By Peter Romeo on Mar. 11, 2021

The U.S. Department of Labor disclosed plans to officially overturn the industry-friendly definition that was put forward by Trump, putting the issue back on the table for franchises.

Financing

4 additional breaks for restaurants in the COVID recovery bill

By Peter Romeo on Mar. 11, 2021

The relief bill just passed by Congress contains more benefits for restaurants than just the $28.6 billion in direct aid. Here are some of the others.

Financing

Sysco accuses pork producers of price fixing

By Jonathan Maze on Mar. 11, 2021

Big distributor Sysco filed a lawsuit against Tyson, Hormel, Smithfield and several other companies, accusing them of a conspiracy to control pork prices in the latest price-fixing dispute between producers and food companies.

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