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sales and profits

Operations

Independent restaurants contend with a new inflationary problem: Climbing rents

 By Peter Romeo on Jun. 28, 2023

A new survey found that 63% were hit with an increase in 2023, leaving 45% unable to cover their June fee.

Emerging Brands

All aboard: Kura's high-tech sushi train picks up speed

 By Joe Guszkowski on Jun. 14, 2023

The fast-growing Japanese brand wants to bring sushi to the American masses by outsourcing much of the work to machines.

Financing

Not all the restaurant news came from big chains this earnings season

By Peter Romeo on May 11, 2023

Earnings roundup: Results from smaller operators and several industry suppliers also cast light on the industry’s performance, particularly by independents.

Financing

Q1 proves a mixed experience for restaurant chains and suppliers

By Peter Romeo on May 05, 2023

Earnings roundup: Inflation eased, but so did traffic—at least for some. Weather, meanwhile, was a wallop for at least one, a non-issue for the rest.

Financing

First Watch sees price-sensitive consumers trading down from delivery

By Peter Romeo on May 02, 2023

Chain officials say the high prices of third-party services are driving patrons to dine on-site.

Financing

Here's how many restaurants Subway closed last year

By Jonathan Maze on May 01, 2023

The fast-food sandwich giant slowed its rate of closures in 2022 but still shuttered 571 U.S. restaurants. It has the lowest number of restaurants since 2005.

Operations

Denny's embraces new ways of broadening its customer base

By Peter Romeo on Feb. 14, 2023

The diner chain is trying a number of initiatives to keep its core business fresh and growing. Meanwhile, its parent is getting ready to expand Keke's.

Financing

Subway wants the world to eat a lot more sandwiches

By Jonathan Maze on Feb. 02, 2023

The fast-food sandwich chain wants to add 24,000 international restaurants to catch up with other quick-service brands. But the company is also pushing big changes to grow its U.S. business.

Financing

Subway says its sales grew again last year

By Jonathan Maze on Feb. 02, 2023

Average unit volumes are higher than they’ve been in a decade and the sandwich chain says the number of closures has slowed, too. And more changes are coming.

Financing

Restaurants want to do more business in less space

By Jonathan Maze on Feb. 01, 2023

Inflation is driving up the cost of operating a restaurant, making efficiency more important than ever. So chains are shrinking the size of their restaurants and reorganizing their kitchens.

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