Financing

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

Financing

Luckin Coffee agrees to $180M SEC fine to settle fraud allegations

The Chinese coffee chain, which traded in the U.S., fabricated more than $300 million in sales, inflating its growth by as much as 45%.

Financing

Shutdowns are hurting Chili's sales this month

Same-store sales have slipped during the period from -1% to -12.3% and parent Brinker International is pulling back quarterly guidance.

The better-burger concept becomes a publicly traded company, with cash for expansion.

13 of the remaining 24 unit were sold to an affiliate of the contract management company Perkins Management Services

The company’s operators voted to restrict unessential contact with the company amid a dispute over oncoming fees.

This week’s RB podcast “A Deeper Dive” features Fransmart CEO Dan Rowe talking about ghost kitchens and franchising.

The multi-brand operator said 10 of its 46 restaurants have closed their dining rooms.

More chains are pushing higher menu prices for third-party delivery. RB’s The Bottom Line says this could keep the business from getting the growth it wants.

Dave Hoffmann will become a special advisor to Inspire CEO Paul Brown while Scott Murphy will oversee the brand operator’s beverage and snack division.

The coffee giant decided to pause the promotion out of concern for the safety of its workers.

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