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Financing

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

Financing

Outback Steakhouse parent considers selling its restaurants in Brazil

 By Joe Guszkowski on May 07, 2024

Refranchising is also on the table for Bloomin' Brands' nearly 200 locations in the country, where Outback is very popular.

Financing

First Watch's traffic slides in Q1, but don't expect price-off specials to follow

 By Peter Romeo on May 07, 2024

Management at the daytime dining chain said it will focus instead on bringing back strong customer lures from the past.

Financing

A preview of this year's National Restaurant Association Show

By Jonathan Maze on May 07, 2024

A Deeper Dive: Tom Cindric, president of exhibitions for Informa Connect Foodservice, joins a special episode of the podcast to talk about the upcoming event.

Financing

Why social media, and not price, is behind Starbucks' sales problems

By Jonathan Maze on May 07, 2024

The Bottom Line: The coffee shop chain lost momentum quickly in November. That was too fast to be explained by consumer reaction over the prices of its beverages.

Financing

Franchisors who want faster remodels should reach into their pocketbooks

By Jonathan Maze on May 07, 2024

The Bottom Line: Burger King is spending $550 million to get more of its restaurants remodeled, not counting its own upgraded restaurants. More brands should do this.

Financing

Foxtrot Market’s assets to be sold in foreclosure sale

By Heather Lalley on May 07, 2024

The sale, scheduled for Friday, includes all inventory, intellectual property, equipment and more from the urban convenience store-restaurant hybrid, which closed suddenly last month.

Financing

Dutch Bros sales and profits took off last quarter

By Jonathan Maze on May 07, 2024

Same-store sales increased 10% in the company’s first quarter as boba, protein coffee and more awareness drove traffic to its shops.

Financing

Howard Schultz has some thoughts on Starbucks' big earnings miss

By Jonathan Maze on May 06, 2024

The former CEO of the coffee shop giant, who handpicked the current chief executive, said the company’s problems “begin at home.” And he urged the chain to overhaul its mobile ordering platform.

Financing

10 restaurant chains that closed the most locations last year

By Jonathan Maze on May 06, 2024

Restaurant chains navigated a difficult market in 2023 due to inflation. Here are the brands that closed the most locations as a percentage of their unit count last year.

Financing

As it is sold, Clean Juice struggles with supply issues

By Jonathan Maze on May 03, 2024

Operators have closed or rebranded nearly half of the chain’s locations over the past year and a half. And then as the chain was sold last week, franchisees were told the company lost its distribution contract.

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