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Financing

California restaurant operators raise prices, look for solutions and try to remain optimistic

 By Jonathan Maze on Apr. 17, 2024

Restaurant companies have raised prices to offset the $20 wage. But how much depends on the concept. And brands like McDonald’s are also working to get customers excited about coming in.

Financing

Higher prices and more locations drove chain restaurant sales last year

 By Jonathan Maze on Apr. 16, 2024

Technomic Top 500: Chain restaurants continued to record strong growth last year, but mostly without higher traffic. And there were wide variations in performance throughout the ranking.

Financing

Quick-service restaurants had a tough first quarter

By Jonathan Maze on Apr. 12, 2024

Was it weather? Or was it prices? Either way, fast-food restaurants have started the year off on the wrong foot, according to traffic data.

Financing

Fast-growing Crumbl's unit volumes and store profitability took a hit last year

By Jonathan Maze on Apr. 11, 2024

Average unit volume for the cookie chain declined 37% last year even as location count grew 41%. Per-store profits were cut by 58%.

Emerging Brands

Buffalo Wild Wings has big plans for small-scale spinoff BWW Go

By Joe Guszkowski on Apr. 11, 2024

The full-service chicken wing chain this week opened its 100th Go location and has franchisee commitments to open nearly 600 more of the takeout-focused restaurants.

Financing

A tale of two Subway competitors

By Jonathan Maze on Apr. 10, 2024

The Bottom Line: As thriving fast-food sandwich chain Jersey Mike’s ponders a potential $8 billion sale, it’s worth comparing the brand to a long-vanquished rival: Quiznos. The difference is unit economics.

Financing

Indiana files an administrative complaint against I Heart Mac and Cheese

By Jonathan Maze on Apr. 10, 2024

The state, which has already told the company to stop selling franchises, is accusing the fast-casual chain of violating state franchise law.

Financing

Teens cut back on their spending

By Jonathan Maze on Apr. 09, 2024

But Chick-fil-A and Starbucks remain their favorite restaurants, according to the latest Piper Sandler Taking Stock With Teens Survey.

Marketing

KFC is making a bet on value

By Jonathan Maze on Apr. 08, 2024

The chicken chain introduced a new line of bundled meal options from $4.99 to $20, but not everything has a consistent price point nationwide, a nod to fast-food restaurants' complex relationship with value.

Financing

Here's why more major franchisors are buying up some franchisees

By Jonathan Maze on Apr. 08, 2024

The Bottom Line: McDonald’s purchase of its Israeli market, following Burger King’s acquisition of Carrols, shows brands are more willing now to take over some restaurants.

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