Financing

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

Financing

Why Subway is no easy fix

Too many locations and low unit volumes make the chain's challenges difficult. But they're not insurmountable, says RB's The Bottom Line.

Financing

Subway continued closing locations last year

Sources say as many as 10% of the chain’s units closed, though the company says some were temporary, as the coronavirus accelerated its pullback.

Amici Partners Group said it intends to keep all 130 surviving locations open.

The chain has a lot more drive-thru locations in the U.S., which helped it recover more quickly during quarantine, says RB’s the Bottom Line.

The industry is active, focused on adding technology and expecting a quick turnaround.

Sales declined almost 20% last year and slowed in the last three months of 2020 as a surge in coronavirus infections hammered the industry.

The Landry’s owner is reportedly in talks with the blank-check company Fast Acquisition Corp., says RB’s The Bottom Line.

The drive-thru burger chain has a new loyalty program, new franchisees and is testing a new kitchen design.

Applications are open for the new grant program to benefit groups that have traditionally been “exploited and racialized to the benefit of their white counterparts,” the Foundation said.

The Brazilian steakhouse concept had a better year than you'd think and is looking to get back to expansion.

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