Peter cruising into the sunset in his station wagon. | Animation by Nico Heins/Midjourney
Restaurant Business Exclusive Content
Financing
Why social media, and not price, is behind Starbucks' sales problems
The Bottom Line: The coffee shop chain lost momentum quickly in November. That was too fast to be explained by consumer reaction over the prices of its beverages.
Financing
Franchisors who want faster remodels should reach into their pocketbooks
The Bottom Line: Burger King is spending $550 million to get more of its restaurants remodeled, not counting its own upgraded restaurants. More brands should do this.
Leadership
Meet the restaurant fixer who now owns Etta
Tech entrepreneur Johann Moonesinghe suddenly finds himself leading a growing group of restaurants. His secret? He doesn't expect to make a profit.