Features, News & Blogs
Wrestling with a million dollar baby - skimmingThe restaurant industry is rife with ways to lose profitability. Just when you think you have things buttoned up, a new twist comes along that can threaten your business and you may not even know about it. Last year the restaurant industry lost an …
Disproving the Top 3 employee tax credit misconceptionsTechnology has transformed the process of qualifying employees for tax credits and collecting Uncle Sam's incentives. What was a manual, red tape-ridden process ripe with high potential for errors has become a streamlined digital transaction. In my …
Wall Street Investors Demand ROI - Return on InnovationAs a restaurant business consultant, I receive calls monthly from Wall Street Investors asking my opinion on the state of new product innovation of various restaurant chains – and many times I hear a sigh of disappointment when I state the …
Yum! Brands to continue bullish growth after posting 30% profitLouisville, Ky.-based Yum! Brands has found its sweet spot in China, posting 19 percent same-store sales growth in that country in 2011. The company reported results for its fourth quarter and full year 2011, ended Dec. 31, once again proving why it …
Chick-fil-A hits $4 billion in annual salesChick-fil-A Inc. exceeded $4 billion in annual sales in 2011, a record for the Atlanta-based chain. Annual system-wide sales at Chick-fil-A totaled $4 billion, a 13.08 percent increase over the 2010 overall sales performance. The company also …
Nathan's Famous Inc. has reported results for the third quarter of its 2012 fiscal year that ended Dec. 25, 2011, including a net income of $1.2 million, or 24 cents per diluted share, as compared to a net loss of $153,000, or 3 cents per share, for …
Nestlé Toll House Café by Chip has introduced two new franchisor funding programs as part of its expansion plan. The Capital Improvement Program (CIP) and Café Conversion Initiative (CCI) totals up to $500,000 of available funds …
Former Wendy's International president named chairman of SbarroThe Board of Directors of Melville, N.Y.-based Sbarro Inc. announced that James Greco, 54, has been named president and chief executive officer, effective immediately. In addition, J. David Karam, 53, formerly president of Wendy's International, has …
Restaurant performance at highest level in six yearsFueled by solid same-store sales and traffic results and a bullish outlook among restaurant operators, the National Restaurant Association's Restaurant Performance Index (RPI) rose sharply in December. The RPI – a monthly composite index that …
AFC Enterprises Inc., the franchisor and operator of Popeyes restaurants, reported selected unaudited results for its fiscal fourth quarter and fiscal year ending Dec. 25. Global same-store sales increased 5.8 percent in the fourth quarter, compared …
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