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Financing

Starboard Value takes some equity out of its Papa John’s investment

 By Jonathan Maze on May 12, 2021

The investment fund, which bought $250 million in preferred shares two years ago, is selling some of them back for $184 million, says RB’s The Bottom Line.

Operations

Building restaurants is getting more expensive

 By Heather Lalley on May 11, 2021

Construction materials are seeing unprecedented price increases and supply chain delays, and restaurants are starting to feel the pinch.

Financing

At Steak n Shake, lower revenue and fewer stores but more profits

By Jonathan Maze on May 10, 2021

The burger chain, which avoided bankruptcy after its parent company repaid its debt, saw revenues decline while many stores remain closed.

Financing

Court keeps restaurants’ hopes alive on collecting from insurer

By Peter Romeo on May 10, 2021

A federal judged ruled that losses as well as damages could be covered by a business-interruption policy.

Technology

5 ways to improve your third-party delivery operations

By Joe Guszkowski on May 10, 2021

Here's how three restaurants optimized their relationships with providers as delivery continues to be a key channel.

Financing

Why restaurants can’t find workers right now

By Jonathan Maze on May 07, 2021

A Subway franchisee helps explain the challenge in finding workers, and the impact it is having on their business, says RB’s The Bottom Line.

Leadership

Why virtual concepts could be a big part of Applebee's and IHOP's future

May 07, 2021

John Peyton, the new CEO of parent company Dine Brands, sees ample room for additions in the brands' "renaissance."

Technology

Restaurants' appetite for cryptocurrency is growing

By Joe Guszkowski on May 07, 2021

Some view digital currency as the payment of the future, and it promises better security and lower fees. But will anyone have the stomach to actually invest in it?

Financing

Restaurant CEOs got lower salaries but higher pay last year

By Jonathan Maze on May 06, 2021

But the pandemic managed to keep pay packages for the industry in check and below average for public company chief executives.

Financing

Pizza chains expect to keep a lot of their pandemic sales

By Jonathan Maze on May 06, 2021

Domino’s and Papa John’s both believe they can keep growing sales even as comparisons get tough, and say they have advertising dollars to spend, says RB’s The Bottom Line.

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