It’s been a good week to be Shake Shack Inc.
The New York burger chain, with just 68 units, has been surging since its IPO in January. But the stock has been on fire over the past week, after a quarterly financial report showed sales up more t...
Companies get a lot of free publicity when they go public. All of those news reports on restaurant chain IPOs should almost certainly lead to a sales boost for the chains in question, right?
Not necessarily.
Among eight recent restaurant co...
Want to get employees excited about upselling? Pay them for it.
That’s the lesson from Bennie Arbour, the CEO of Goldco, a 47-unit Burger King franchisee in South Florida.
A year ago, his company’s sales and traffic were on the decline. But...
First quarter financials are in for most companies now, and one thing is clear so far: McDonald’s Corp. is losing a lot of customers to its primary competitors.
On average in the first quarter, quick-service restaurants not named McDonald’s av...
It’s official: Based on federal data, monthly restaurant sales surpassed grocery store sales for the first time, back in December, according to federal data and the National Restaurant Association.
As we’ve written about before, this is somewh...
Earlier this week, McDonald’s Corp. told franchisees in a conference call that it plans to pare down the items listed on its drive-thru menu, to only the items that are the most popular, according to the Wall Street Journal.
The menu would be ...
This exclusive series to Nation's Restaurant News provides insight into the sales and traffic data from clients subscribing to Black Box Intelligence, a financial performance benchmarking company. The views expressed here do not necessarily...
