Restaurant Business Daily

A true business intelligence tool helping operators become more efficient and profitable, Restaurant Business Daily eNewsletter gives restaurateurs tips and tools from RestaurantBusinessOnline.com's most recent postings and from around the web.

Marketing

KFC’s latest concoction: A Colonel Sanders bearskin rug

The chicken chain will let consumers win the rug in a Reddit creativity contest.

Financing

Starboard makes a $200M investment in Papa John’s

Jeff Smith was named chairman as the company got a cash infusion to pay off debt and invest behind its strategic initiatives.

The company said its sales turned positive for the first time in 37 months.

But prices, not traffic, continued to boost sales throughout the industry, according to the Technomic Chain Restaurant Index.

He helped turn the coffee and doughnut chain into a Canadian icon.

The industry has added more than 80,000 jobs over the past two months despite rising labor costs.

The company is reportedly no longer for sale, but is looking for an investor as it seeks to recover from a tough year.

Both chains have lost customers since shifting away from popular discounts, says RB’s The Bottom Line. Maybe that’s a good thing.

The company believes remodels and efforts to improve service times will get customers coming back.

Chili’s lower margins freaked out Wall Street, RB’s The Bottom Line says, but that might be more common in the future.

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