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Business Strategy and Profitability News & Media

Papa John's withdraws annual guidance, provides preliminary Q1 results

March 31, 2020

Papa John's International, Inc. today said it is withdrawing its annual financial guidance for 2020 and providing an update on the business impact of the…

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Restaurateurs, start your engines! It's Takeout Tuesday

March 31, 2020

The Great American Takeout is amping up the activity in its second consecutive week, by both asking Americans to order delivery or pickup "at least one…

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Domino's CEO warns investors on Q1 sales outlook

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

Domino's advanced its own earnings release -- set for April 23 -- with some estimates showing sales growth is still anticipated by the world's largest pizza…

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Domino's climbs, Rave crashes in volatile pandemic-era pizza trading

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

Scale and an owned delivery system are both paying off for pizza brand, Domino's, as skittish investors show their support for the world's biggest pizza…

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Papa John's pulls Papadia 'Yoga' ad after US Hindu leader's complaint

Papa John's said it is removing its so-called "Yoga" ad for Papadia sandwiches after complaints from a U.S. Hindu leader that it is offensive to the religion…

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Yelp findings show consumer interests in pandemic-stricken US

March 25, 2020

Yelp released its Coronavirus Economic Impact Report that shows some consumer trends developing amidst the nation's fight against COVID-19 infections…

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Revention launches order/delivery bundle providing no-contact delivery

March 25, 2020

Revention, a restaurant order management provider, is offering an online ordering and delivery starter bundle, at a reduced price, as restaurants grapple with…

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Online service launched for COVID-19 communications help

March 25, 2020

Despite, and also because of, the restrictions placed on restaurant businesses by the fight to end the spread of COVID-19, operators must continue to…

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COVID-19 blindsided restaurateurs right from start, Ohio poll shows

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

As early as March 8, as COVID-19 restrictions in the U.S. were just beginning, Ohio restaurateurs were hit with a sucker punch that knocked sales down 20…

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National Restaurant Show canceled due to COVID-19 safety concerns

March 24, 2020

The National Restaurant Association is canceling this year's show citing concerns regarding the ongoing COVID-19 coronavirus pandemic.

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Mountain Mike's opens Central California store

March 24, 2020

In the midst of the pandemic and all the constraints it has put on restaurant operations, Mountain Mike's has opened a store in Los Banos, in Central…

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Major media industry player steps up to help restaurants

March 24, 2020

The restaurant industry is getting some public service announcement assistance from the television and newspaper industry. Cincinnati, Ohio-based media…

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Fresh Brothers Pizza takes it to the 'next level' with Jumanji

March 24, 2020

Fresh Brothers Pizza is catering to its sheltered-in-place customers with a movie night bundle package that include a large one-topping pizza, six fresh knots…

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The Big Shift: Transition to 'delivery only' tough, but potentially lifesaving

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

The pandemic that has now got the U.S. restaurant industry in a stranglehold is forcing many brands to delivery-only operations, which not only is requiring…

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Restaurant food distributors estimate losses of $24B in 3 months

March 23, 2020

The restaurant industry is hurting and so are its food distributors, who are expected to lose $24 billion over the next three months alone as the pandemic…

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Yum China sees 'early signs of recovery'

March 23, 2020

Yum China Holdings, Inc. said that despite the "unprecedented scale and impact" of the pandemic across its locations in China, leadership at the company is…

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Papa John's hiring 20,000 to support home delivery, takeout

March 23, 2020

Papa John's is hiring up to 20,000 restaurant team members, with a pledge that the company is committed to the communities it serves through delivery and…

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Papa John's ekes out a win in trading, other public brands drop over tough week

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

Papa John's actually managed to climb during trading over the last devastating week for the restaurant industry. Other publicly traded brands did not fare so…

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Is your restaurant speaking the COVID-19-era customer's language?

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

The seismic shift that COVID-19 has put on everything about restaurant "life as usual" demands an equally substantial shift in marketing and communication…

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Some COVID-19 aid for foodservice now a reality, more coming

March 19, 2020

After signing the coronavirus relief package into law late Wednesday, restaurateurs and the people they employ are all waiting to see how the aid will help…

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