Restaurant Business Magazine - Trends, Ideas and News
Created by Oregon coffee pioneers Jim and Patty Roberts, this two-unit concept blamed an accumulated debt burden since Covid. Get today’s need-to-know restaurant industry intelligence. Sign up to receive texts from Restaurant Business on news and insights that matter to your brand. By submitting this form, you agree to receive automated ...
Top 500 Chains - Restaurant Business
The Top 500 Chain Restaurant Report is a measure of the largest restaurant concepts by U.S. systemwide sales, based on results from the 2019 calendar year. Relevant information is accrued using a combination of public company financial filings, direct operator surveying, franchise disclosure documents and proprietary valuation algorithms.
A third major Burger King franchisee declares bankruptcy
By Jonathan Maze on Nov. 08, 2023. Premier Kings is the third Burger King franchisee to declare bankruptcy this year. | Photo: Shutterstock. Premier Kings, a 172-unit Burger King franchisee whose owner died in 2022, declared bankruptcy protection, saying that operating losses even after the company closed restaurants forced the issue.
The largest burger chains in the U.S. - Restaurant Business
May 13, 2020 · Financing The largest burger chains in the U.S. These are the highest-grossing burger chains among Technomic's Top 250. By Restaurant Business Staff on May 13, 2020
Dan Cathy steps down as Chick-fil-A CEO - Restaurant Business
Sep 16, 2021 · Dan Cathy, who guided Chick-fil-A through an incredible run of growth despite a changing industry landscape and controversial comments over gay marriage, will step down as the chain’s CEO, effective Nov. 1. His son Andrew Truett Cathy will take over the top job, becoming only the third CEO in the Atlanta-based chain’s history, following his ...
A brief history of Quiznos’ collapse - Restaurant Business
Jun 13, 2018 · On Monday, Quiznos was sold to an investment firm out of San Diego. This has given me time to tell the story of one of the biggest restaurant chain collapses in industry history. Between 2007 and 2017, Quiznos shrunk from 4,700 U.S. locations to fewer than 400. We can find no other example of a chain that had grown to that size that has shrunk ...
The story behind Crumbl Cookies’ sweet success - Restaurant …
May 4, 2022 · Sales are up nearly 500% since 2019. But there is a real foundation here. Crumbl’s locations average $1.7 million and generate more than $350,000 in net profit by largely selling just cookies. It also has a massive social media following. McGowan talks about the company’s unique formation, its quick rise and the strategy behind its success.
Inspire Brands is making a big change to its organizational structure
Nov 30, 2023 · Inspire Brands is making a big change to its organizational structure. Scott Murphy was named chief brand officer and will oversee the company’s restaurant brands in the U.S., while Dan Lynn was named chief commercial and restaurant officer. By …
Inspire Brands completes its $11.3B acquisition of Dunkin’
Dec 15, 2020 · Inspire Brands completed its $11.3 billion acquisition of Dunkin’ Brands on Tuesday, creating one of the largest restaurant operating companies in the country while giving the Roark Capital-owned company a larger, global reach. Dave Hoffmann, who had been Dunkin’ Brands CEO, was named a special advisor to Inspire CEO Paul Brown and will ...
KFC reveals its new ‘Quick Pick-Up’ service as drive-thru waits soar
By Jonathan Maze on Nov. 16, 2021. With drive-thru wait times taking off amid labor challenges and heavy demand, KFC is trying a different strategy: Convince customers to come inside. Specifically, the chain on Tuesday debuted its new “Quick Pick-Up” service, which provides customers with designated parking spaces and pick-up shelves inside.