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Financing

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

Financing

MOD Pizza buys 13 stores from a struggling franchisee

 By Heather Lalley on Jul. 28, 2020

The fast-casual pizza chain acquired the restaurants from SD Holdings, a multi-brand franchisee that declared bankruptcy in February.

Financing

McDonald’s sales improve, but breakfast still struggles

 By Jonathan Maze on Jul. 28, 2020

U.S. same-store sales turned positive in July as customers returned to the chain’s drive-thrus, while most international markets are now open.

Financing

Starbucks lost half of its traffic last quarter

By Jonathan Maze on Jul. 28, 2020

The coffee giant said U.S. transactions declined 52% and same-store sales fell 40%, though performance improved throughout the period.

Financing

Will casual-dining chains keep their takeout gains?

By Jonathan Maze on Jul. 27, 2020

Early evidence suggests they can, which could be crucial to their future, but it’s still early, says RB’s The Bottom Line.

Financing

Hargett Hunter wins auction to buy Austin-based Trudy’s

By Jonathan Maze on Jul. 27, 2020

The private equity firm will pay $6.5 million for the Tex-Mex concept.

Financing

Del Taco is in no hurry to reopen its dining rooms

By Jonathan Maze on Jul. 24, 2020

The Mexican fast-food chain said "the worst may be behind us" as its sales turn positive in July.

Financing

Fewer items mean profit improvement for Outback Steakhouse's owner

By Jonathan Maze on Jul. 24, 2020

Bloomin’ Brands sales continued to improve, and it saw little impact on sales as coronavirus spread rapidly in Florida and Texas.

Financing

BJ’s steady growth hits hurdle with reclosures

By Joe Guszkowski on Jul. 24, 2020

Same-store sales were down 57.2% for the second quarter as dine-in returned and off-premise remained strong.

Financing

Only 130 Black-owned restaurants received larger PPP loans

By Jonathan Maze on Jul. 23, 2020

Low numbers of federal stimulus loans to Black-owned restaurants reflect bad data collection and historically weak lending to people of color.

Financing

Restaurant chains grabbed the PPP lifeline

By Jonathan Maze on Jul. 23, 2020

A third of Top 500 concepts, though mostly smaller chains, received federal stimulus loans, as did many of their franchisees.

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