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Financing

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

Financing

Boston Market's collapse leaves creditors fighting over assets

 By Jonathan Maze on Jul. 02, 2024

One of the chain’s bankers is pushing back against US Foods’ efforts to garnish its accounts after the distributor won a judgment earlier this year. The reasoning? It has too many garnishment requests.

Financing

In California, fast-food restaurants underperform but full-service does just fine

 By Jonathan Maze on Jul. 02, 2024

Traffic to fast-food concepts has underperformed the national average, according to data from Placer.ai, while full-service restaurants there have outperformed.

Financing

Wall Street flees the restaurant business

By Jonathan Maze on Jul. 01, 2024

The Bottom Line: It’s been a tough year for many restaurant chains so far in 2024, and stock prices reflect that difficulty.

Financing

Will drive-thru coffee be better burger, or frozen yogurt?

By Jonathan Maze on Jul. 01, 2024

The Bottom Line: Frozen yogurt and better burger chains dominated growth a decade ago. Their differing long-term results are instructive for today’s hot restaurant sectors.

Financing

Subway left the door open, and Jersey Mike's burst in

By Jonathan Maze on Jul. 01, 2024

As Subway's dominance has eroded over the past decade, Jersey Mike's has rapidly gained market share in the sub-sandwich restaurant category, setting the stage for an eventual takeover.

Financing

Popeyes' parent is buying the brand's China operation

By Jonathan Maze on Jul. 01, 2024

Restaurant Brands International is also making a big investment in Tims China, which operates Tim Hortons in the fast-growing country.

Financing

At Pinstripes, a strong April couldn't appease Wall Street

By Jonathan Maze on Jun. 28, 2024

The bowling-and-bocce eatertainment chain’s sales were strong in April. But investors hammered the stock after it reported weak profitability.

Financing

A sign of the times? Why we’re seeing so many bankruptcies

By Jonathan Maze on Jun. 27, 2024

The Bottom Line: Closures and bankruptcy filings have become commonplace in recent months. It’s a tough market, and this is the result.

Financing

Kura Sushi warns about weak sales in California

By Jonathan Maze on Jun. 27, 2024

The chain of conveyor-belt sushi restaurants said that its results last quarter “did not meet our expectations” and blamed it on “unanticipated softness in California.”

Financing

Where are they now? The fastest-growing restaurant chains from 2013

By Jonathan Maze on Jun. 27, 2024

Restaurant Business looks at the 10 brands from the Technomic Top 500 Chain Restaurant Report that grew the fastest in 2013, one decade ago. Here’s how they’re doing today.

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