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Financing

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

Financing

Big chains maintain their faith in China despite continued shutdowns

The Bottom Line: The country’s ‘zero-COVID’ policy is not expected to end anytime soon. That’s not stopping major chains from building a lot of restaurants there.

Financing

Canadian fast-food chain Mary Brown’s Chicken acquires Fat Bastard Burrito Co.

The acquisition will create one of the country’s largest privately held quick-service companies, parent MB International Brands said.

A Deeper Dive: Trevor Haynes, the chain’s president of North America, joins the podcast to discuss strategies to increase unit volumes and how many restaurants need to close.

The Bottom Line: Looking at three years’ worth of same-store sales suggests the industry has recovered. But all of it is coming from price, suggesting chains are still losing customers.

The claims date back a decade. Parent company Jack in the Box, which acquired the taco chain in March, said it anticipated the payout.

The sandwich giant, looking to reinvigorate growth, has been testing vending machines as part of a broader “grab and go” strategy to use existing locations as bases for sales in multiple spots.

Oren Loni, who disappeared and shut down his business without notice in 2019, has hired an attorney to respond to allegations that his company intentionally misrepresented his franchise’s risks.

The Bottom Line: An economic downturn appears likely, which sent stocks tumbling again on Monday. We can find clues about potential winners and losers from the Great Recession.

The Bottom Line: The price of fuel hits a key psychological number. Will the consumer start responding?

The company has found that delivery drivers want shorter shifts, flexible hours and the ability to sign on at the last minute, just like they get with aggregators like DoorDash.

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