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Financing

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

Financing

Restaurant tech firm InKind acquires Etta Collective out of bankruptcy

 By Lisa Jennings on May 01, 2024

The two-unit Etta Collective went to the highest bidder for $4 million and InKind CEO Johann Moonesinghe plans to restart growth.

Financing

An in-depth look at a fast-growing c-store chicken concept

 By Jonathan Maze on May 01, 2024

A Deeper Dive: Jim Norberg, CEO of Krispy Krunchy Chicken, joins the podcast to talk about the chain’s rapid growth and how it plans a push into marketing and delivery.

Financing

For Starbucks, 2 years of change hasn't yielded promised results

By Jonathan Maze on May 01, 2024

The Bottom Line: The coffee shop giant’s sales struggles worsened earlier this year, despite a flurry of efforts to improve operations and employee satisfaction.

Financing

The odds for keeping delivery fees and large-party gratuities aren't looking good

By Peter Romeo on May 01, 2024

Working Lunch: The Biden administration doesn't get that those aren't true "junk fees."

Financing

The consumer is cutting back, but not everywhere

By Jonathan Maze on May 01, 2024

The Bottom Line: Early earnings from major restaurant chains suggest the consumer has taken a distinct turn for the worse so far in 2024.

Financing

STK parent One Group completes acquisition of Benihana for $365M

By Joe Guszkowski on May 01, 2024

The deal nearly triples One Group's footprint and brings its total annual revenue to more than $1 billion.

Financing

Marketing and digital drove McDonald's sales last quarter

By Jonathan Maze on Apr. 30, 2024

U.S. same-store sales at the fast-food restaurant giant grew 2.5% in the first quarter. But traffic is down at the chain’s restaurants amid pressure on the consumer.

Financing

As it loses customers to rivals, McDonald's shifts its focus to value

By Jonathan Maze on Apr. 30, 2024

The fast-food giant appears to be losing the battle for customers looking for lower prices to Burger King and Domino’s. McDonald’s wants a national value offer to change that.

Financing

Burger King is investing another $300M in remodels

By Jonathan Maze on Apr. 30, 2024

The fast-food chain is expanding its “Royal Reset” remodel program to fund more restaurant remodels through 2028.

Financing

Starbucks sales and traffic took a big hit last quarter

By Jonathan Maze on Apr. 30, 2024

The Seattle-based coffee shop giant said that its performance in its second quarter “did not meet our expectations” amid a “highly challenged environment.” The news sent its stock plunging.

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