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Financing

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

Financing

The owner of Happy Joe’s Pizza & Ice Cream declares bankruptcy

 By Jonathan Maze on Sep. 15, 2022

The company, which also owns the Tony Sacco’s concept, blamed the impact of the pandemic as well as high labor and food costs.

Financing

McDonald’s is moving its innovation center to corporate headquarters

 By Jonathan Maze on Sep. 14, 2022

The burger giant is creating “Speedee Labs,” which will consolidate innovation work being done in Romeoville, Ill., and its corporate offices in downtown Chicago.

Financing

Here’s a look at all the changes Starbucks has made since Howard Schultz came back

By Jonathan Maze on Sep. 14, 2022

The Bottom Line: The coffee giant has changed top executives and its operating structure, increased pay and benefits, and promises major new equipment upgrades. Here’s a rundown.

Financing

Restaurant menu price inflation accelerated in August

By Jonathan Maze on Sep. 13, 2022

Prices at restaurants and schools continued rising last month while consumers’ total food costs hit yet another 40-year high.

Financing

Burger King tries a unique incentive to get franchisees to remodel

By Jonathan Maze on Sep. 13, 2022

The Bottom Line: Lost amid the burger chain’s $400 million investment is a shift in its incentive structure it believes could improve the frequency and quality of remodels.

Financing

First Watch tries a secondary IPO

By Jonathan Maze on Sep. 13, 2022

Advent International, which owns three-quarters of the breakfast-and-lunch chain's stock, will sell at least 4.5 million shares in a secondary offering.

Financing

A look at the devastating impact of opioid addiction

By Jonathan Maze on Sep. 13, 2022

A Deeper Dive: Rick Van Warner, former CEO of Tijuana Flats, talks about the horrors of opioid addiction and how it can affect a family.

Financing

Next Level Burger raises $20M to accelerate growth

By Lisa Jennings on Sep. 13, 2022

Next Level Burger wins $20 million in latest funding round.

Financing

Starbucks reveals plans for $450M in store upgrades and faster U.S. growth

By Jonathan Maze on Sep. 13, 2022

The coffee giant will add new equipment, training and employment benefits to improve efficiency and generate more sales. But it also plans to build another 2,000 domestic locations.

Financing

CapitalSpring makes a growth investment in Bushfire Kitchen

By Jonathan Maze on Sep. 09, 2022

The private equity firm will help the five-unit fast-casual chain grow throughout Southern California and beyond.

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