Continue to Site >>>
Premium
OPINIONFinancing

Did the operating environment push franchisees into bankruptcy? Sort of

The Bottom Line: Soaring food and labor costs made it a lot more difficult for restaurants to generate a profit last year. But both Hardee’s and Burger King had long-term problems that played a bigger role in those bankruptcy filings. By Jonathan Maze on May 05, 2023

This Premium Content is only available to rb+ Subscribers

Continue reading with one of the options below

or Subscribe

Restaurant Business Exclusive Content

Financing

For Starbucks, 2 years of change hasn't yielded promised results

The Bottom Line: The coffee shop giant’s sales struggles worsened earlier this year, despite a flurry of efforts to improve operations and employee satisfaction.

Food

Nando's Americanizes its menu a bit as U.S. expansion continues

Behind the Menu: Favorites like mac and cheese, bowls and salads join the fast casual’s Afro-Portuguese-rooted dishes, including the signature peri-peri chicken.

Financing

The consumer is cutting back, but not everywhere

The Bottom Line: Early earnings from major restaurant chains suggest the consumer has taken a distinct turn for the worse so far in 2024.