Casual dining restaurants have been losing ground to competing restaurant concepts for years. Would adding takeout dramatically increase sales? Here's a look at the results of three chains who have tried it.
Cyber data and consumer discontent were not among the three C’s of success for Denny’s. However many times after a company experiences consumer discontent they step up in the minds-eye of the consumers to refocus, retool, and refresh.
A group of similar fast-casual pizza chains are selling franchises hand over fist, growing from small to bigger. Despite that, competitor Domino's Pizza thinks that consolidation among this new crop of fast-casual franchisors looks likely.
When weighing investing in a restaurant, the most important consideration we're told to look for is how much of a return on investment can we reasonably expect? But food truck pioneer Roy Choi told a MUFSO audience that running a restaurant can be significantly more rewarding than that.
Rave Restaurant Group Inc. (NASDAQ: RAVE), the Dallas-based holding company of franchisors Pie Five and Pizza Inn, reported plummeting same-restaurant sales in its last quarter for the fiscal year ended June 26, 2016.
McDonald's hamburgers aren't good enough anymore, which is a big problem for its franchisees as well as the franchisor. The burgers came in dead last (21st) in a 2014 Consumers Report taste survey, scoring a middling 5.8 on a 1 to 10 scale.
In a survey of more than 500 restaurant operators conducted for the National Restaurant Association and sponsored by American Express, 53 percent said that they would implement predictive ordering technology if it were available.