Business Strategy and Profitability News
Famed Dough Pizzeria changes hands
April 15, 2020
Los Angeles' famed Sunset Strip restaurant, Dough Pizzeria and Bar, has new owners, including a Food Network-featured chef, former Dominick's Restaurant…
read nowMod Pizza taps Starbucks finance leader as CFO
April 13, 2020
Mod Super-Fast Pizza Holdings LLC has named Josh Guenser as CFO.
read nowThird 'Takeout Tuesday' moves to top others with major prizes
April 6, 2020
The Great American Takeout returns Tuesday for its third week, this time with a chance to win a year of free takeout, according to a news release. As an…
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Restaurant transactions drop 42% in wake of COVID-19 dine-in closures
April 6, 2020
Restaurant customer transactions in the U.S. fell sharply in the last week of March, dropping 42% compared to the same week in 2019, and full-service…
read nowFranchisors on the sale hunt despite COVID-19 crisis
April 3, 2020
About two-thirds of franchisors are actively advancing franchise sales efforts despite the COVID-19 pandemic hitting across the globe.
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Pizza brands fill up hearts, grocery carts with incentives for orders
April 1, 2020
Philosopher Francis Bacon, once famously said, "If the mountain will not come to Muhammad, then Muhammad must go to the mountain."
read nowPapa 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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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…
read nowRevention 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…
read nowOnline 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…
read nowNational 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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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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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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Trump to restaurant CEOs: 'You’re really going to like what we’re doing'
March 18, 2020
Leaders of some of the biggest names in the QSR and fast casual industries spoke with President Donald Trump Tuesday about their struggles to keep their…
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