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Financing

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

Financing

Lenders agree to give Checkers/Rally's more time to refinance debt

 By Lisa Jennings on Apr. 21, 2023

Loans were due on April 24, but now Checkers Drive-In Restaurants Inc. will have more time to build on the momentum of its business.

Financing

Subway is another example of poor succession planning

 By Jonathan Maze on Apr. 20, 2023

The Bottom Line: CEO John Chidsey admitted that company founder Fred DeLuca “whiffed” on a succession plan before his death in 2015, which led to years of stagnation.

Financing

McDonald's goes to battle over 'joint employer' rules—with its franchisees

By Jonathan Maze on Apr. 20, 2023

Two different groups of franchisees issued warring statements on their views of joint employer regulations as the dispute intensifies between the burger franchise and an independent group of owners.

Financing

Here's why you should buy Subway, according to CEO John Chidsey

By Joe Guszkowski on Apr. 19, 2023

The once-struggling sandwich chain is now in growth mode, Chidsey said in a wide-ranging interview at the Restaurant Leadership Conference. He expects a deal to be done by May or June.

Financing

Waiting for the second economic shoe to drop

By Jonathan Maze on Apr. 19, 2023

The Bottom Line: After a year of brutal inflation, operators worry that consumers will change their spending. But data at the moment remains inconclusive.

Financing

How Smashburger is rethinking the drive-thru

By Jonathan Maze on Apr. 19, 2023

A Deeper Dive: Carl Bachmann, the brand’s president, joins the podcast to discuss the company’s growth plans and its decision to shift to its mobile-order “virtual” drive-thrus.

Financing

Subway takes a key step in its franchising strategy

By Jonathan Maze on Apr. 17, 2023

Subway, eager to bring more large-scale operators into the system, announced agreements with five new multi-unit restaurant franchisees. It also grew its international business last year.

Financing

The Technomic Top 500: New locations and higher prices drove growth last year

By Jonathan Maze on Apr. 17, 2023

Led by Starbucks, the largest chains pushed aggressive development as they recovered locations closed during the pandemic. But sales barely kept pace with inflation.

Financing

Higher prices have consumers turning to frozen pizza

By Jonathan Maze on Apr. 14, 2023

A survey from the marketing firm Vericast shows a growing number of consumers are choosing to get frozen pizza over one of the big chains. And prices are a huge reason.

Financing

Everytable wins $8M investment to help hourly workers become operators

By Lisa Jennings on Apr. 14, 2023

The Los Angeles-based mission-driven chain is preparing its first crop of franchise operators in the program designed to bridge the racial wealth gap.

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