Financing

How your restaurant sales and profits compare to competitors' and what you can do to improve financial performance

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.

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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.

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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.

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Atlanta fine-dining fixture Ray's Restaurants to be sold as founder retires

By Joe Guszkowski on Apr. 26, 2024

Nothing will change under new owner TEI Hospitality, Ray’s namesake Ray Schoenbaum said.

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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.

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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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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.

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The Sports Bra wins growth investment from Serena Williams' husband

By Lisa Jennings on Apr. 24, 2024

With women's sports on fire, Reddit co-founder Alexis Ohanian's 776 Foundation is providing an assist to franchise and expand this Portland, Oregon-based sports bar dedicated to supporting female athletes.

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