Financing

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

Tension reemerges between McDonald’s and its franchisees

By Jonathan Maze on Apr. 14, 2020

Operators raised concerns about corporate support, while the company urged the franchise association to back efforts to raise worker pay during the coronavirus shutdown.

Financing

Needing cash, Dave & Buster’s plans to sell shares

By Jonathan Maze on Apr. 14, 2020

The food and games chain has a deal with Jefferies to sell up to $75 million in stock to strengthen a balance sheet damaged by the coronavirus shutdown.

Financing

Lawsuit targets delivery apps over consumer prices

By Jonathan Maze on Apr. 14, 2020

A proposed class action accuses DoorDash, Uber Eats, Grubhub and Postmates of forcing restaurants to raise prices.

Financing

McDonald’s makes some executive changes

By Jonathan Maze on Apr. 13, 2020

Mason Smoot was named U.S. chief restaurant officer after the retirement of Charlie Robeson, and the company has a new chief of staff and chief people officer.

Financing

Large restaurant chains will more easily survive the pandemic

By Jonathan Maze on Apr. 13, 2020

While no company is immune to the coronavirus shutdown, it will likely widen the divide between larger chains and smaller ones, says RB’s The Bottom Line.

Financing

As restaurants’ sales fall, vendors struggle, too

By Jonathan Maze on Apr. 13, 2020

Companies from distributors to point-of-sale providers have faced their own challenges as restaurant sales crater.

Financing

Brio and Bravo parent files for Chapter 11 bankruptcy after closing 71 units

By Peter Romeo on Apr. 11, 2020

Additional closings and a sale of the company could follow, according to court documents.

Financing

Restaurants give Congress a new aid wish list

By Peter Romeo on Apr. 10, 2020

Changes are needed in the current programs to avoid further devastation of the industry, the National Restaurant Association told congressional leaders. Those adjustments would be in addition to billions more in aid.

Financing