Financing

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

Lessons in the Luckin Coffee debacle

By Jonathan Maze on Feb. 08, 2021

The Chinese coffee chain, which filed for bankruptcy last week, holds some key lessons for U.S. restaurants, says RB’s The Bottom Line.

Financing

Roark Capital is raising another $5B

By Jonathan Maze on Feb. 05, 2021

The private-equity firm, one of the most aggressive investors in the restaurant space, has established a big, new fund.

Financing

Luckin Coffee declares bankruptcy in the U.S.

By Jonathan Maze on Feb. 05, 2021

The Chinese coffee chain, which faked much of its customer traffic, filed for Chapter 15 debt protection in New York.

Financing

Franchisees are behind some iconic menu items

By Jonathan Maze on Feb. 05, 2021

In franchised brands, operators have created some of the industry’s most well-known products and promotions, from the bacon cheeseburger to fast-food breakfast.

Financing

Restaurants shed jobs again in January

By Jonathan Maze on Feb. 05, 2021

The industry shed 19,400 jobs during the month even as sales improved, though the rate of employment decline is shrinking.

Financing

Danny Meyer starts a SPAC

By Jonathan Maze on Feb. 05, 2021

The CEO of Union Square Hospitality Group and founder of Shake Shack has started a $250 million blank-check company targeting acquisitions in any industry, says RB’s The Bottom Line.

Financing

Pizza Hut’s owner working to rebuild its development pipeline

By Jonathan Maze on Feb. 04, 2021

Yum Brands, which also operates KFC, Taco Bell and Habit, doesn’t know when its normal rate of unit growth will return following a pandemic interruption.

Financing