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Financing

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

Financing

Activist investor takes aim at Portillo's

 By Lisa Jennings on Aug. 16, 2024

Hedge fund Engaged Capital is looking to boost the Chicago-based chain's profitability and speed national growth.

Financing

BurgerFi says it may file bankruptcy

 By Lisa Jennings on Aug. 16, 2024

The parent of BurgerFi and Anthony's Coal Fired Pizza said there's substantial doubt about the company's ability to continue to operate.

Financing

How does Brian Niccol solve a problem like Starbucks?

By Jonathan Maze on Aug. 16, 2024

The coffee shop chain’s challenges are numerous, from its complexity to its drinks to China. It has activist investors and a vocal chairman emeritus in Howard Schultz. Now it has its second new CEO in two years.

Financing

Starbucks opts for experience over culture

By Jonathan Maze on Aug. 16, 2024

The Bottom Line: In hiring Brian Niccol, the coffee shop giant opted to bring in an experienced hand, rather than focus purely on culture.

Financing

The Chinese coffee market gives some U.S. brands headaches

By Jonathan Maze on Aug. 16, 2024

Rapidly growing brands in the country have taken a bite out of Starbucks and Tim Hortons. So has a tough local economy.

Financing

Welcome to the margin donation era

By Jonathan Maze on Aug. 15, 2024

The Bottom Line: Restaurant companies need to get consumers back in the doors. That could require lower margins, even if investors don’t like it.

Financing

Flynn Group acquires 83 more Wendy's units

By Lisa Jennings on Aug. 15, 2024

With the addition of these restaurants in New Jersey and Pennsylvania, Flynn Group now operates 277 Wendy's units amid its 2,800-restaurant multi-brand portfolio.

Financing

Brian Niccol gets a big incentive to take the Starbucks job

By Jonathan Maze on Aug. 15, 2024

The coffee shop giant will pay Niccol $85 million to make the jump from Chipotle Mexican Grill. Starbucks will also open a small remote office in California.

Financing

Subway plans a big discount as it works to reverse a sales slide

By Jonathan Maze on Aug. 15, 2024

The sandwich giant plans to give digital customers $6.99 Footlong subs starting later this month. The company has seen soft sales in recent months as consumers cut back on dining.

Financing

How franchising can build multi-generational wealth

By Jonathan Maze on Aug. 14, 2024

A Deeper Dive: Kerri Harper-Howie, a second-generation McDonald's operator out of California, joins the RB podcast to talk about the ups and downs of operating a franchise.

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