sales

Financing

Subway’s unit volumes hit an 8-year high in 2021

The sandwich giant’s average unit volumes were their highest since 2014 and same-store sales were flat compared with 2019. But hundreds of stores are still closing.

Financing

More evidence of a faltering restaurant recovery

Industry sales declined for the third time in four months in January, according to new federal data. And the slowdown appeared to accelerate.

The Bottom Line: Consumers began getting checks from the government last March. That could make same-store sales tougher to come by in the second quarter.

The National Restaurant Association is projecting the industry to generate a record $898 billion in sales this year, according to its State of the Restaurant Industry report. But labor and food cost challenges remain.

The fast-growing fast casual was honored for accelerating systemwide sales and franchise expansion.

From the Editor: RB+ subscribers will now get access to our new page tracking publicly-traded chains’ quarterly results, along with key analysis.

The Bottom Line: Higher prices and demand for celebrations have taken steak chains to new heights. A look at the winners and losers from Q3.

Despite store closures and 1 million fewer workers, sales have more than recovered from the pandemic. Higher prices and more takeout have made the business more efficient, says RB’s The Bottom Line.

The New York State Restaurant Association is working with a technology company to develop a model acceptable to all.

A California Department of Tax and Fee Administration study found 19% of the state's restaurants used zappers to under-report sales.

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