Leveraging technology to manage restaurant labor costs

Labor can make or break a restaurant, being the one variable that exists in all facets of a restaurant’s core functionality and a top concern among managers…

McDonald's FY19 comp sales highest 10 years

January 29, 2020

McDonald's global comparable sales grew 5.9% — the most they have in more than a decade, while systemwide sales surpassed $100 billion and consolidated…

Yum China closes Wuhan stores due to virus, Yum Brands declares dividend

January 27, 2020

Yum China confirmed that it has temporarily closed some of its KFC and Pizza Hut stores in Wuhan, China due to the well-publicized coronavirus outbreak there…

Krystal files for bankruptcy blaming 'shifting consumer tastes,' increased costs

by S.A. Whitehead — Food Editor, Net World Media Group

The nation's second-oldest QSR, Krystal, is now under bankruptcy protection as it struggles to pay as much as $100 million in debt and find a new path forward.

Arby's open Tarboro, North Carolina store

January 15, 2020

Arby's is opening Monday in Tarboro, North Carolina. Under the ownership of Mosaic Red Hat Group, which also has 41 other locations of the chain in Florida…

Are more mainstream QSR plant-based offerings sucking sales from vegan restaurants?

January 10, 2020

The increasing presence of plant-based options across the QSR sector appears to be draining some business away from all-vegan and all-vegetarian brands…

Mega-Burger King, Popeyes franchisee, Carrols Restaurant Group, names CFO

November 25, 2019

Burger King and Popeyes mega-franchisee, Carrols Restaurant Group, with nearly 1,100 U.S. locations of the chains, has named former Realogy Holdings Corp.

Jack in the Box wraps fiscal year with 'strongest performance in 4 years' in same-store sales

November 21, 2019

Jack in the Box Inc. wrapped up its fiscal year and reported annual and fourth-quarter results showing improvement in sales the last quarter, but lower overall…

El Pollo Loco reports modest Q3 sales gain, revenue losses

November 1, 2019

El Pollo Loco Holdings Inc. turned in relatively lackluster financial results, for the third quarter that ended Sept. 25, showing total revenue and net income…

Dunkin' Brands jolts upward via espresso + Baskin-Robbins best quarter in 2 years

October 31, 2019

Dunkin' Brands turned in a nice Q3 performance, marked by the Baskin-Robbins brand's best quarterly sales performance in nearly two years and a lot of Dunkin…

KFC, Pizza Hut, Taco Bell parent turns in solid Q3 sales

October 30, 2019

Yum Brands, Inc. Q3 sales show the multi-brand QSR operator finished out September with solid performance across the board, including 8% global system sales…

Popeyes, Burger King push RBI up, Tim Hortons drags it down

October 28, 2019

Coming off a quarter that saw its Popeyes brand take a profitable part in the chicken sandwich wars, the parent company of Popeyes and Burger King parent…

McDonald's 'golden arches' droop as Q3 sales fall short

October 22, 2019

With its U.S. sales slowing down and fast food competition heating up, McDonald's turned in disappointing third-quarter financials that reined in investors…

New financial reporting system standardizes languages, currencies

October 21, 2019

Restaurant analytics company, Revenue Management Solutions, has launched an SaaS application called metiRi that gathers, consolidates, standardizes and…

Church's says its turnaround is intensifying

October 8, 2019

Church's Chicken said its celebrating what it says is the continuation and strengthening the continuation of a turnaround for the 1,500-store global chain and…

Teetering on brink of economic downturn: What QSRs should do now

by Carty Davis — Founding Partner, C Squared Advisors

If an economic downturn occurs, as so many believe will happen relatively soon, this checklist can help QSR leaders get their brands in the healthiest position…

McDonald's quarterly dividend up 8% over last quarter

September 20, 2019

McDonald's said that its quarterly dividend that's payable in mid-December increased 8% over the previous quarter's dividend and will be $1.25 per share of…

Brain scans prove passion in pitch = interest in investors

by S.A. Whitehead — Food Editor, Net World Media Group

Brain scans don't lie, and for the first time a study has used images taken of investors' brains during new business pitches to prove the passion of the pitch…

August 2019: Chicken feathers flew, QSR sales grew

September 11, 2019

Consumer spending on restaurants was up in August this year over last, according to the NPD Group, which said QSRs were the main recipients of the increased…

Bojangles' hires CKE exec as new CFO

September 3, 2019

Bojangles' has named former CKE Restaurants finance leader Reese Stewart as its CFO. Stewart was most recently chief accounting officer and senior vice…