Chicken Salad Chick, based in Auburn, Alabama, was formed in 2008, by Stacy Brown. Stacy was a stay-at-home mom and self-proclaimed connoisseur of chicken salad who began the business by selling chicken salad made from her home kitchen. Visit www.rogerlipton.com to view free restaurant company descriptions and other articles.
Yesterday, Shake Shack reported their fourth quarter and 2018 results. It was very much as management had predicted, reflecting modest same store sales gains, cost pressures at the store level as well as continued high administrative expenses to support very rapid expansion. Visit www.rogerlipton.com to view free restaurant company descriptions and other articles.
It is not a coincidence that Restaurant Brand International’s stock was uncharacteristically weak, in a strong market, last Friday, as Kraft Heinz (KHC) was “taken out and shot,” down 25% on the day. Visit www.rogerlipton.com to view free restaurant company descriptions and other articles.
Fat Brands (FAT-NASDAQCM), the franchisor that owns Fatburger, Hurricane Grill and Wings, Buffalo’s Café and Buffalo’s Express, Ponderosa and Bonanza Steakhouses, and Yalla Mediterranean, has received a $20 million loan from Sardar Biglari’s managed investment fund, The Lion Fund, L.P. and The Lion Fund II, L.P.
Restaurant Brands is here to stay (not surprisingly), but the operating details of this situation reflect a great deal of financial engineering rather than predictable, above average, long term operating progress. Visit www.rogerlipton.com to view free restaurant company descriptions and other articles.
Each generational group has different wants and needs that influence their restaurant purchase behavior. Accordingly, foodservice marketers need to understand how to gain the attention of these consumers to drive traffic.
Texas Roadhouse is one of the premier restaurant operators. Management is outstanding, their long-term record is superb, and we don’t doubt that they will continue to be very profitable. Visit www.rogerlipton.com to view free restaurant company descriptions and other articles.
Brenna Wadleigh earned a degree in finance from the University of Texas at Arlington and also is a CPA. So, it is no surprise that as CEO of N3 Real Estate she makes sure the math works on new development deals.
Restaurants in major markets across the country are struggling to adjust to labor shortages, pay increased health care costs, absorb rising food costs and steep rents, and deal with the expectations of today’s consumers. Some are downsizing, and Others are turning to delivery apps to grow revenue. Some are just shutting their doors.
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