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Business Strategy and Profitability News & Media

Chuck E Cheese parent strikes bankruptcy plan agreement with creditors

September 8, 2020

Chuck E. Cheese parent company, CEC Entertainment Inc. has struck an agreement with two-thirds of its first-lien creditors to support a bankruptcy plan…

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Blaze opens Northeast Texas store

September 2, 2020

Blaze Fast-Fire'd Pizza will open Friday in Grand Prairie, Texas. The State Hwy 161 store will offer dine-in, carryout via pick-up or curbside service, as well…

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Yum China launches Hong Kong Stock Exchange public offering

August 31, 2020

Yum China Holdings Inc. is launching its Hong Kong public offering today, which a news release said forms part of the global offering of 41,910,700 new shares…

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Pizza Hut parent powers forward in trading

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

Aside from Pizza Hut parent, Yum Brands, traders pulled back from pizza stock purchasing last week — a particularly disconcerting trend for Pie Five and Pizza…

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Restaurant chain transaction decline on healthier track

August 26, 2020

Customer transaction declines at major restaurant chains improved in the week ending August 16, moving into single digits after 21 weeks of double-digit…

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Papa John's August international sales up 23%

August 25, 2020

Papa John's International Inc.'s preliminary estimated comp sales grew slightly more than 24% in North America, year over year period, while internationally…

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Domino's zooms past $400, setting record high

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

Domino's passed the $400 mark last week in trading.

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Optimize Technology to Deliver Better Customer Loyalty & Engagement

When it comes to driving loyalty and increasing profitability through customer relationships, here are four technology-driven tactics imperative to a…

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US Foods debut ghost kitchens to help food operators drive revenue, expand with ease

August 19, 2020

US Foods is launching a ghost kitchen program in a quest to help restaurant operators expand off-premise dining and create a new revenue stream at the same…

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2 pizza brands take on industry's top delivery challenges

Delivery is a must for pizza brands today, but no one said it would be easy. In this webinar, hear how two growing pizza brands met and conquered some of…

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Dream Dinners makes the meal kit a millennial 'must-have'

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

Newly named Dream Dinners CEO Tina Kuna has been around the block when it comes to making meal kits into big business. In fact, the transformation she led at…

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Pizza Hut parent dips, Papa John's continues ascent

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

As Pizza Hut's parent company, Yum Brands, dipped, Papa John's remained in an upward climb.

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A pizza restaurateur's guide to COVID-era profitability

The sweet spot when it comes to profitability for pizza brands is 75% capacity. But how is that achievable when the pandemic forces restaurateurs to cut…

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Payment speed top of mind for business owners

August 5, 2020

Although small business owners have increased their technology spend in the past two years, 39% said they still spent at least five hours per week dealing with…

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Contactless tech: Restaurants' 'new reality'

by Breck Hapner — Director of Marketing, Chepri

For restaurants today, contactless tech is fast-becoming as essential to business as the food itself.

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NRA: 'Second wave of closings hinders recovery efforts'

July 27, 2020

The National Restaurant Association wants all U.S. governors and mayors to know the restaurant industry has maintained an "unwavering commitment to customer…

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Pizza trading: Soaring Domino's settles, Rave recedes

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

While the news wasn't great for Domino's and Rave Restaurant Group, Pizza Hut parent, Yum Brands, and Papa John's reported gains over last week's trading…

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Domino's trounces estimates with Q2 results

During the difficult second quarter of 2020, pizza powerhouse Domino's turned in an outstanding performance in the U.S. particularly, despite a downturn in…

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The pizza stock seesaw: Domino's soars, Rave plummets to new low

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

The vast fortunes and losses to be made in the pizza business were evident in last week's pizza stock trading on Wall Street.

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Discover commits $5M to support Black-owned restaurants

July 6, 2020

Discover Financial Services has committed $5 million to provide assistance to Black-owned restaurants in the U.S. in the form of $25,000 grants for…

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