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Financing

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

Financing

Subway tries a new franchising strategy: bigger operators

The Bottom Line: The sandwich giant grew into the most prolific franchise in the world with small-scale operators. Now it wants franchisees with more locations.

Financing

Struggling Gameworks finally calls it quits

The Bottom Line: The food-and-games chain has declared bankruptcy twice over the past two decades and has struggled for years. It closed its last six units and shut down for good on Christmas Eve.

It was the investor’s second such fine for violating antitrust laws related to the reporting of stock purchases by large existing shareholders.

As pandemic concerns persisted, investors bet against casual dining and fast-casual and kept their fast-food shares.

The Bottom Line: The burger giant, which had been refranchising in recent years, is buying out franchisees as it prepares to recruit new operators into the system for the first time in many years.

A Deeper Dive: Restaurant Business editors discuss the year’s biggest stories and make predictions for 2022.

The strategy represents a new era for the chain as it emerges from bankruptcy and a decade of shrinking sales and unit counts.

The industry continued to consolidate in 2021, while restaurants returned to the public markets with surprising eagerness.

The investment firms largely ceded the market to strategic buyers last year. But some believe they could make their return as they grow more confident in projections.

As the franchise invests in recruiting more diverse operators, the National Black McDonald’s Operators Association says Black owners earn lower profits than other franchisees in the system.

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