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Financing

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

Financing

Sysco says that independents have recovered in some markets

 By Jonathan Maze on May 04, 2021

The big distributor said that reopened markets are seeing sales above 2019 levels, a strong indication of recovery for the hard-hit sector, says RB’s The Bottom Line.

Financing

Why a virtual brand won't make the Top 500 anytime soon

 By Joe Guszkowski on May 04, 2021

Though a few are already big enough to land on the annual list, they are by nature difficult to track.

Financing

Cosi says a sped-up bankruptcy hearing is its ‘only realistic hope’

By Heather Lalley on May 04, 2021

A judge granted Cosi's request for an expedited hearing so the fast casual can apply for Restaurant Revitalization Fund aid.

Financing

Krispy Kreme is planning an IPO

By Jonathan Maze on May 04, 2021

The doughnut chain, which was taken private in 2016, has confidentially filed with federal regulators for an initial public offering.

Financing

China gives Tim Hortons a warm welcome

By Jonathan Maze on May 03, 2021

The Canadian coffee-and-doughnuts chain already has 200 locations in the country and new investors as it looks to further its global expansion.

Financing

White Castle opens in Florida to massive lines

By Jonathan Maze on May 03, 2021

The burger chain opened a location in Orlando on Monday. It's the first location in the state since the 1960s, and customers were willing to wait hours after its opening.

Financing

The $29B Restaurant Revitalization Fund could run out of money in 'weeks'

By Peter Romeo on May 03, 2021

National Restaurant Association officials say the pool could run dry before many companies can get aid. And not every type of restaurant will even be considered for another 21 days.

Financing

McDonald’s learns that a simpler menu is a winning strategy

By Jonathan Maze on Apr. 30, 2021

Franchisees pushed for years to cut items from the menu, says RB’s The Bottom Line. The pandemic forced the issue and sales have been strong since.

Financing

Burger King (again) wants to increase its breakfast sales

By Jonathan Maze on Apr. 30, 2021

After taking a time out during the pandemic, the burger chain has a strategy to increase its morning sales permanently.

Financing

BurgerFi regains Nasdaq compliance, reports sales decline

By Heather Lalley on Apr. 30, 2021

BurgerFi regains Nasdaq compliance, reports sales decline. The better-burger chain saw same-store sales fall 5% during its fourth quarter and a 15% drop for fiscal 2020.

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