Financing

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

Financing

Fat Brands lenders want Andy Wiederhorn suspended

A group of the fast-food operator’s bondholders want the company’s CEO suspended after a stock sale involving Twin Peaks. They also questioned the executive’s control over the company.

Financing

Inside the Starbucks turnaround

The coffee shop giant has spent the past 18 months returning to its roots as a coffee shop where customers want to stay. Now the company plans to go on offense.

The Week in Restaurants: This week’s episode of the weekly restaurant news discussion podcast looks at the fast-casual burrito chain’s tough year, Subway’s franchisee bankruptcy and Yum Brands.

The Bottom Line: The two Mexican chains have long been among the industry’s most consistent performers. But that changed last year, at least for one of them.

The 400-unit family-dining chain had been owned by Golden Gate Capital since 2017. Its new owner is planning long-term growth.

The fast-food Mexican chain reported 7% same-store sales growth last year. The key metric has declined just one quarter over the past decade.

The fast-casual chain said same-store sales declined 2.5% for the fourth quarter, with transactions down more than 3%. But CEO Scott Boatwright said the protein push is resonating with younger diners.

Parent company Yum Brands is still conducting a strategic review of its struggling fast-food pizza chain but plans investments in marketing early this year as part of an agreement with franchisees.

The family-dining chain clarified its meal policy after the Wall Street Journal reported that staff were instructed to eat at Cracker Barrel while on the road.

A Deeper Dive: This week’s episode of the restaurant finance podcast looks at the retail sector and its push into prepared food. Also, what restaurants can learn from the closure of some of Amazon’s retail shops.

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