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Business Strategy and Profitability News

Slice Factory brings back 10-year-old meal deal

January 12, 2023

Chicago-based Slice Factory has brought back its $5 deal including a jumbo pizza slice with a free soda in-store, via delivery or with the slice drive-thru.

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Restaurant experts weigh in on 2023 trends

by Mandy Wolf Detwiler — Editor, Networld Media Group

December 29, 2022

We talked to several restaurant experts to learn what's in store for the industry in 2023.

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Restaurant owners collect 1M signatures to fight California wage law

December 5, 2022

Save Local Restaurants, a restaurant and industry group focused on upending a California law that will set wages for fast-food workers, has garnered 1 million…

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Restaurants a big winner on Black Friday weekend

December 2, 2022

Consumers in the U.S. spent 23% more at restaurants during the Black Friday Weekend in late November compared to 2021, and the spend spike beat out spend on…

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Papa John’s expects solid start for Q4

November 3, 2022

Papa John's International Inc. saw total revenues of $511 million in Q3, a dip of $2 million, or less than 1%, compared to a year ago with North American…

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Higher prices drive Domino’s Q3 2022 revenue growth

October 14, 2022

Domino's Pizza saw global retail growth of 4.7%, U.S. same-store sales growth of 2.0% and international same-store sales dip by 1.8% in the 2022 third quarter.

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Ledo Pizza helped put Maryland-style pizza on the map

October 12, 2022

Ledo Pizza, based in Maryland, helped put the state's pizza style on the map. The legacy pizza brand has been around since 1955 and has grown to 116 units…

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Canadian restaurant industry recovery continues

October 10, 2022

The Canadian restaurant industry saw a 5% increase in visits in August compared to a year ago, according to data from The NPD Group.

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Ovation secures $2M funding round

September 28, 2022

Ovation, a guest feedback platform, has secured a $2 million dollar funding round led by York IE with additional investment from Branded Strategic Hospitality.

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How subscription services, loyalty programs encourage repeat business

September 27, 2022

It's been a rough two-and-a-half years for the restaurant industry since the onslaught of the COVID-19 pandemic. Still, there are ways to increase business and…

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Taco Bell, Arby's franchisee exec to open #QSRNext's keynote

September 26, 2022

Recognizing that QSR leaders needed a convenient way to exchange ideas, tips and advice with one another, Networld Media group — the publishers of QSRWeb.com…

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Ledo Pizza's pink boxes return for Breast Cancer Awareness

September 23, 2022

Ledo Pizza will turn its pizza boxes pink for National Pizza Month and Breast Cancer Awareness Month with the goal of raising awareness about the disease and…

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Report: Gen Zs favor QSRs, especially fast casual

September 16, 2022

Older Gen Zs, ranging in age from 18 to 24, favor taste and the definition of value when dining out, preferring QSRs, particularly fast casual, according to a…

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Restaurant customers want more deals, drive-thru visits remain strong

September 16, 2022

Restaurant customers are seeking out deals and mobile app offers, with three in four looking for discounts more often due to increasing menu prices, and two in…

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Millennials are a restaurant’s best friend

August 29, 2022

The current economic worries driven by inflation aren't stopping millennials from dining out as 84% ordered restaurant delivery in the past month and nearly…

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Lower-income households cutting back on restaurant outings

August 22, 2022

Lower-income households are shifting dining habits, likely due to food inflation and a need to reduce food spend, and reducing restaurant visit activity.

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Inflation, higher menu prices dampen restaurant visit activity

August 3, 2022

Consumers cut back on restaurant visits in the second quarter with physical and online restaurant traffic declining by 2% compared to the same quarter in 2021.

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Marco's Pizza reaches $1B in sales, launches foundation

July 27, 2022

Marco's Pizza has reached $1 billion in sales. The company says the achievement comes on the heels of record-breaking growth and is due in part to its…

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Labor market challenges, inflation play role in Domino’s Q2 earnings

July 21, 2022

Domino's Pizza saw U.S. same store sales drop 2.9%, international same store sales decline 2.2% and global retail sales dip, without adjustment for foreign…

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Dine-in not regaining popularity, take-out gains steam

July 20, 2022

Despite the fact all restaurants are completely open for dine-in, after two years of closures and restrictions due to the COVID-19 pandemic, the number of…

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