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Financing

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

Financing

Cheddar's Scratch Kitchen is finally hitting its stride

 By Joe Guszkowski on Apr. 10, 2023

Six years after it was acquired by Darden, the 179-unit chain is living up to its billing as a growth brand.

Financing

Raising Cane's wants to be a Top 10 brand by 2030. Don't bet against it

 By Jonathan Maze on Apr. 07, 2023

The Bottom Line: The fast-casual chicken fingers chain believes it can become one of the country’s biggest restaurant concepts in a short period. It took some key steps this week to get there.

Financing

7-Eleven's parent is evaluating a sale of the chain

By Peter Romeo on Apr. 06, 2023

Parent company Seven & I is being pressured by dissident shareholders for a spinoff of some sort. The options under consideration include an IPO.

Financing

Consumers may be losing their resilience

By Jonathan Maze on Apr. 06, 2023

The Bottom Line: Consumers stretched themselves thin to pay for everything in 2022. But surveys and sales data are suggesting more of them are cutting back. And the people cutting back the most will surprise you.

Financing

Fat Brands' controlling shareholder replaces most of its board

By Jonathan Maze on Apr. 06, 2023

The Bottom Line: Fog Cutter Capital, owned by Andy Wiederhorn and his family, ousted its directors and appointed a new slate that includes several of his family members. The owner of Johnny Rockets and Twin Peaks also relabeled itself a “controlled company.”

Financing

McDonald's is closing its field offices in the U.S. as it moves to a national model

By Jonathan Maze on Apr. 06, 2023

The Chicago-based fast-food giant is eliminating its East-West zone structure and moving to a national field support model as part of its organizational restructuring in the U.S. Its 10 field offices across the country will now go virtual.

Financing

Papa Johns is making a big push in India

By Jonathan Maze on Apr. 05, 2023

The fast-food pizza chain signed a deal with PJP Investments to develop 650 locations in the populous country by 2033. The first location is expected to open in 2024.

Financing

An interview with Firehouse Subs President Mike Hancock

By Jonathan Maze on Apr. 05, 2023

A Deeper Dive: The sandwich chain’s top executive joins the podcast to discuss his views of the brand and strategies for its upcoming expansion. And he talks about why Tim Hortons is so popular in Canada.

Financing

Chick-fil-A had another strong year in 2022

By Jonathan Maze on Apr. 05, 2023

The chicken sandwich chain’s domestic system sales increased another 13% last year. But check out how much a stand-alone restaurant makes now.

Financing

Layoffs over Zoom? McDonald's takes a big risk with its reorganization

By Jonathan Maze on Apr. 04, 2023

The burger giant is letting “hundreds” of its people go virtually, causing fear among employees and more anger among operators already frustrated by other changes.

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