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Financing

As restaurant stocks soar, IPOs become an option again

 By Jonathan Maze on May 05, 2021

Shares in restaurant chains have taken off this year as sales recover across the board, and going public suddenly becomes an option again, says RB’s The Bottom Line.

Financing

Rib Crib’s CEO goes from gridiron to c-suite

 By Jonathan Maze on May 05, 2021

Garrett Mills played in the NFL for six years. But his next play will be to take the casual dining barbecue chain national.

Workforce

Late-night labor challenges slow Denny's rebound

By Peter Romeo on May 05, 2021

Two-thirds of the chain's restaurants can't find enough workers to stay open all night, hurting its sales recovery in the process.

Financing

Sysco says that independents have recovered in some markets

By Jonathan Maze on May 04, 2021

The big distributor said that reopened markets are seeing sales above 2019 levels, a strong indication of recovery for the hard-hit sector, says RB’s The Bottom Line.

Operations

Subway franchisees question new melt sandwiches

By Jonathan Maze on May 04, 2021

The brand’s franchise association said it “cannot endorse” the sandwiches given concerns about safety and broken toasters.

Financing

China gives Tim Hortons a warm welcome

By Jonathan Maze on May 03, 2021

The Canadian coffee-and-doughnuts chain already has 200 locations in the country and new investors as it looks to further its global expansion.

Workforce

How are restaurants finding workers?

By Peter Romeo, Heather Lalley, Patricia Cobe and Jonathan Maze on May 02, 2021

How are restaurants finding workers? Here’s a roundup of ideas we’ve encountered in our reporting and solicited from readers.

Financing

McDonald’s learns that a simpler menu is a winning strategy

By Jonathan Maze on Apr. 30, 2021

Franchisees pushed for years to cut items from the menu, says RB’s The Bottom Line. The pandemic forced the issue and sales have been strong since.

Financing

Burger King (again) wants to increase its breakfast sales

By Jonathan Maze on Apr. 30, 2021

After taking a time out during the pandemic, the burger chain has a strategy to increase its morning sales permanently.

Workforce

4 restaurant takeaways from Joe Biden's address to Congress

By Peter Romeo on Apr. 29, 2021

The president's strategy for the nation would affect all Americans. But several elements hold particular import for restaurants

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