Business Strategy and Profitability News
Papa John's preliminary North American Q2 comp sales up 28%
June 30, 2020
Papa John's International Inc. leadership said the brand delivered its third consecutive month of double-digit sales growth in North America, along with what…
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US restaurant transaction decline easing up a bit
June 15, 2020
U.S. restaurant chain customer transactions were down -14% for the week ending June 7, revealing improvement for an industry hard hit by the COVID-19 pandemic.
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Mercato Partners launches $90M investment fund to fuel up-and-coming brands
June 4, 2020
Mercato Partners, an investor for growth-stage companies, has developed Savory, a $90 million fund to help scale up-and-coming restaurant concepts. To create…
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Dominos early Q2 performance slowed by choppy international sales
May 27, 2020
Domino's Pizza Inc. reported a 14% rise in U.S. same store sales during the first eight weeks of the fiscal second quarter this year.
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Stoner's opening 3 Georgia stores
May 22, 2020
QSR, Stoner's Pizza Joint, will expand its footprint with three new Georgia locations that will be operated by existing South Florida franchisee, John Stetson.
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KKR leads $43M funding round for Slice independent pizzeria platform
May 13, 2020
Pizzeria ordering and marketing tech platform, Slice (MyPizza Technologies, Inc.) has raised $43 million in Series C funding. KKR led the round with…
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Papa John's Q1 results reveal turnaround, despite pandemic
May 7, 2020
Despite the many business pressures caused by COVID-19, Papa John's has nearly rebounded from the troubles that beset the company in recent years when it was…
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Domino's moves on up, joins S&P 500
May 7, 2020
S&P Dow Jones Indices said Wednesday it is adding Domino's Pizza Inc. to the S&P 500, the collection of 500 large companies that many view as the best…
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Webinar to explore how restaurants can succeed in uncertain times, develop a recovery plan
May 6, 2020
Restaurants that have survived the coronavirus thus far have experienced a crash course in flexibility and have learned to adjust their business models to…
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Boston's opens for dine-in in 3 states
May 4, 2020
Boston's Pizza Restaurant & Sports Bar said it will re-open locations in West Fargo, North Dakota along with Great Falls, Montana and Irving, Texas for…
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Taco Bell shines as sole bright spot in Yum Brands Q1 sales
April 30, 2020
Though KFC, Pizza Hut, Taco Bell and The Habit Burger Grille parent, Yum Brands, recorded a Q1 same-store sales decline of 7% after the tumultuous first…
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Hungry Howie's moves former McDonald's exec into Operations VP role
April 28, 2020
Hungry Howie's Pizza has named a long-time McDonald's executive as its vice president of operations. Tonya Michael assumes the role after her most recent…
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Papa John's founder gives $1M to small business recovery efforts
April 27, 2020
Papa John's founder, John Schnatter, announced that his John H. Schnatter Family Foundation will give $1 million to help small businesses recover from the many…
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Domino's previews strong fiscal Q2, withdraws long term outlook
April 23, 2020
Domino's strong results with an early look at its fiscal second quarter, with U.S. same-store sales up 7.1% for the first four weeks ended April 19, compared…
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Bom chicka wah-wah ... Mellow Mushroom 'mellows out' with date night
April 23, 2020
Mellow Mushroom is fanning the flames of home-based romance with its Wednesday date night specials that include two 10-inch stone baked pies and pretzel bites…
read now1000 degrees' cauliflower crust sales trounce former gluten-free version
April 22, 2020
1000 Degrees Pizza's Caulipower cauliflower crust introduced last November is a hit. The 30-unit pizza brand said that in just the first four months, the…
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LaRosa's Pizza collects $300K+ for employees, then keeps on going
April 22, 2020
Across the nation, all-sized pizza brands are stepping up with relief not only for their communities' essential workers, but their employees as well. For…
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NRA study: COVID-19 impact worse than initial projections
April 21, 2020
A National Restaurant Association study revealed that the impact from the coronavirus pandemic will be worse than initially projected with restaurants having…
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'Great American Pizza Party' rewards participants, supports pizzerias
April 16, 2020
Tomorrow, pizzerias nationwide will join The Great American Pizza Party, an event created to support pizza restaurants during the COVID-19 crisis. The event…
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Mountain Mike's 1st Eureka, California store opens for off-premise, despite COVID-19
April 16, 2020
The Northern California coastal town of Eureka is opening its first Mountain Mike's Pizza, despite the limited business conditions that force the store to only…
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