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Restaurant Business Daily

A true business intelligence tool helping operators become more efficient and profitable, Restaurant Business Daily eNewsletter gives restaurateurs tips and tools from RestaurantBusinessOnline.com's most recent postings and from around the web.

Financing

KFC is struggling in the U.S., and not just due to weather

 By Jonathan Maze on May 01, 2024

The venerable chicken chain is losing ground to Popeyes and other chicken restaurant competitors domestically. But parent company Yum Brands says it has a plan for a reset.

Financing

For Starbucks, 2 years of change hasn't yielded promised results

 By Jonathan Maze on May 01, 2024

The Bottom Line: The coffee shop giant’s sales struggles worsened earlier this year, despite a flurry of efforts to improve operations and employee satisfaction.

Financing

Boxer Ramen shutters 4 units following bankruptcy

By Lisa Jennings on May 01, 2024

Boxer Ramen and sister brand SuperDeluxe filed for Chapter 11 bankruptcy protection in February. Both are owned by Portland, Oregon, restaurateur Micah Camden.

Financing

An in-depth look at a fast-growing c-store chicken concept

By Jonathan Maze on May 01, 2024

A Deeper Dive: Jim Norberg, CEO of Krispy Krunchy Chicken, joins the podcast to talk about the chain’s rapid growth and how it plans a push into marketing and delivery.

Financing

The consumer is cutting back, but not everywhere

By Jonathan Maze on May 01, 2024

The Bottom Line: Early earnings from major restaurant chains suggest the consumer has taken a distinct turn for the worse so far in 2024.

Operations

Wingstop is doing great. Here's how CEO Michael Skipworth says the chicken chain can do even better

By Lisa Jennings on May 01, 2024

After a strong first quarter, Dallas-based Wingstop expects double-digit same-store sales growth this year, as it plans on becoming a Top 10 global restaurant brand.

Financing

Subway completes its sale to Roark Capital

By Jonathan Maze on Apr. 30, 2024

The fast-food sandwich giant is finally changing hands after the sale to the private-equity firm was delayed over regulatory concerns.

Financing

Starbucks sales and traffic took a big hit last quarter

By Jonathan Maze on Apr. 30, 2024

The Seattle-based coffee shop giant said that its performance in its second quarter “did not meet our expectations” amid a “highly challenged environment.” The news sent its stock plunging.

Financing

Marketing and digital drove McDonald's sales last quarter

By Jonathan Maze on Apr. 30, 2024

U.S. same-store sales at the fast-food restaurant giant grew 2.5% in the first quarter. But traffic is down at the chain’s restaurants amid pressure on the consumer.

Financing

As it loses customers to rivals, McDonald's shifts its focus to value

By Jonathan Maze on Apr. 30, 2024

The fast-food giant appears to be losing the battle for customers looking for lower prices to Burger King and Domino’s. McDonald’s wants a national value offer to change that.

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