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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

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.

Financing

Why are so many restaurant chains filing for bankruptcy?

By Jonathan Maze on Apr. 29, 2024

The Bottom Line: A combination of rising costs and weakening sales, and more expensive debt, has caused real problems for restaurant chains. But the industry is also really difficult.

Financing

A lot more people ordered Domino's Pizza last quarter

By Jonathan Maze on Apr. 29, 2024

The pizza chain saw transaction growth in both delivery and carryout and from all groups, as the company’s loyalty program and value take hold.

Financing

Subway slowed its closures last year, but not by much

By Jonathan Maze on Apr. 29, 2024

The sandwich giant closed more than 400 U.S. restaurants last year, continuing a long string of net closures. It also generated a lot more revenue from suppliers in 2023.

Marketing

Domino's will pay customers to tip their delivery drivers

By Jonathan Maze on Apr. 25, 2024

The pizza delivery chain will give customers $3 coupons for their next delivery order if they tip their drivers $3 or more.

Financing

Sticky's Finger Joint declares bankruptcy

By Jonathan Maze on Apr. 25, 2024

The New York chicken tender chain struggled coming out of the pandemic with inflation and several legal challenges. It is the latest in a string of industry bankruptcy filings.

Financing

Despite their complaints, customers keep flocking to Chipotle

By Jonathan Maze on Apr. 25, 2024

The Bottom Line: The chain continued to be a juggernaut last quarter, with strong sales and traffic growth, despite frequent social media complaints about shrinkflation or other challenges.

Operations

David Morton's DMK Restaurants rebrands as Episcope Hospitality + Advisory

By Lisa Jennings on Apr. 25, 2024

The Chicago-based multi-concept group is growing nationally, with new concepts coming this year to New York City, New Jersey and Phoenix.

Financing

Malls are quietly making a comeback

By Jonathan Maze on Apr. 25, 2024

Once left for dead as shoppers moved online and then the pandemic hit, malls are regaining lost traffic. And that has been a boon for restaurant chains like Auntie Anne's, Cinnabon and Chick-fil-A.

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