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The fast-casual pizza chain owned by Rave Restaurant Group posted a same-store sales decline of 7.3% and a systemwide sales drop of 22.1%.
Fast-food chains, and more fast casuals, are quickly upgrading their drive-thrus. It makes sense—that’s where the customers are.
Bob Bafundo, the company’s president, was named “principal executive officer” of Rave Restaurant Group.
The industry’s performance on Wall Street has lagged overall, but fast-casual and QSR stocks have done well, says RB’s The Bottom Line.
The chain's longtime leader foresees changes for a concept that has been careful not to move with every market ripple.
Some casual-dining chains and fast-casual restaurants are navigating consumers’ shift to takeout, says RB’s The Bottom Line.
Blaze Pizza is the latest to test larger pizzas as it focuses more intently on delivery sales—pitting the chains directly against traditional players.
But its sister chain Pizza Inn has now recorded eight straight quarters of same-store sales growth.
The pizza concept’s new design is slated to fit in virtually any footprint.
Led by Applebee’s and BJ’s, dine-in chains were big winners last quarter, says RB’s The Bottom Line.
See the full ranking of the Top 100 concepts, which account for more than $1.8 billion in annual revenue, and learn how they are putting hospitality first.
Peter Romeo highlights the moments restaurateurs miss at their own peril
As restaurants begin to reemerge, one year since it all began, Restaurant Business takes stock of the massive changes the virus has brought.