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Financing

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

Financing

Winners and losers from a weird earnings season

 By Jonathan Maze on Aug. 26, 2024

The Bottom Line: Some restaurant chains did extremely well, others less so. And even those that seemingly did well did not do well, at least if you ask Wall Street.

Financing

Red Lobster to close more struggling restaurants this week

 By Joe Guszkowski on Aug. 25, 2024

The seafood chain is rejecting the leases of 23 more locations as part of its ongoing bankruptcy process.

Financing

Red Robin's comeback spoiled by traffic troubles

By Joe Guszkowski on Aug. 23, 2024

Customers say they’re more satisfied with the burger chain’s food and service, but fewer are choosing to visit. That has dimmed the chain's near-term outlook.

Financing

Struggling BurgerFi hires a chief restructuring officer

By Lisa Jennings on Aug. 23, 2024

In addition, three board members have resigned from the parent company of BurgerFi and Anthony's Coal-Fired Pizza, indicating bankruptcy could be coming.

Financing

Could these be the next restaurant chains to file for bankruptcy?

By Joe Guszkowski on Aug. 23, 2024

Hooters and Black Angus Steakhouse are struggling to pay their debt and are exploring alternatives, according to Debtwire.

Financing

Roti declares Chapter 11 bankruptcy

By Jonathan Maze on Aug. 23, 2024

The Chicago-based fast-casual Mediterranean chain, which has been closing locations in recent years, says it will use the process to find new investors or a buyer.

Financing

Some Taco Bell locations are opting out of breakfast

By Jonathan Maze on Aug. 22, 2024

The Mexican fast-food chain said that a “small minority” will opt out of the morning meal in October after the company gave operators the option.

Financing

A struggling franchisee closes 25 KFC restaurants in the Midwest

By Jonathan Maze on Aug. 22, 2024

EYM Group, which has closed dozens of Burger King and Pizza Hut units in several states, has now closed numerous KFC restaurants in Illinois, Indiana and Wisconsin.

Financing

Guillermo Perales jumps into a buyer's market

By Jonathan Maze on Aug. 22, 2024

The franchisee of Burger King, Arby’s and other chains just acquired Freebirds World Burrito and is already working to grow the chain. And he’s got the inside track on Uncle Julio’s.

Financing

Inflation-weary consumers are trading down, up and over to Cava

By Lisa Jennings on Aug. 22, 2024

For the second quarter, the Mediterranean chain reported industry-busting traffic growth of 9.5%. Why? It's perceived as a good value.

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