Sales up, margins down as Panera continues 2.0 transformation

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Comps for company stores increased 2.1 percent and 0.7 percent for franchise stores while margins declined 2 percent due to food costs and costs related to Panera's 2.0 initiative.

FEATURES


New guide caters to restaurateurs, retailers looking to boost income with ATMs

'How to Profit from ATMs: A Guide for Retailers and Restaurateurs' delivers 40 pages packed with essential information about the business of owning, operating and earning revenue from ATMs.

Chipotle cites increased throughput as a driver behind same-store sales lift

Same-store sales drive strong second quarter results.

Report: Food industry franchising profitability on the rise

More than 70 percent of franchisees surveyed said they would recommend their brand to other candidates – a strong indicator of job satisfaction.

NYC approves soda ban; restaurant association responds

Big-margin soft drinks are good for operators' bottom lines.

Fast casual concepts among fastest growing U.S. companies

Smashburger's growth is down from last year but is still the fastest-growing concept in the segment.

The changing role of corporate consciousness

How fast casual CEOs are turning an enlightened approach to sales success.

Qdoba franchisee same-store sales lagging

Promotional and product activity expected to pick up in Q4.

Square and Starbucks to form mobile payment partnership

Coffee giant to invest $25 million in payment company and accept Pay with Square.

The new direction of digital technology

With smartphone adoption outpacing the PC revolution and Internet boom, restaurant operators have increased opportunity to reach every guest.

Higher menu prices boost earnings, but can it last?

Operators prepare for higher food costs as droughts continue in the Midwest and overseas competition threatens the U.S. food supply. 

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NEWS


Fresh To Order continues growth in Atlanta market

Restaurant opens in Decatur, Georgia.

Qdoba rolls extras into entrée price

The menu applies a two-tier pricing structure based on protein with no additional charge for add-ons like guacamole and queso.

Noodles & Company testing 'upselling' free-floating servers

BusinessWeek.com reported recently that Noodles & Company is adding free-floating servers focused on upselling customers. The server will stop at guests’ tables when they’re nearly done with their meal, ask if they’d like to order anything else, and bring the...

Baja Fresh getting real-time digital, mobile feedback through Sparkfly

Baja Fresh is partnering up with Sparkfly for real-time analysis of their digital and mobile promotions. Baja Fresh will promote its "Catch 2" Seafood Taco combo deal through Google Search, Facebook, Yelp, Opera Mediaworks and UberMedia over the next two...

Jack in the Box closing nearly 70 Qdoba restaurants

Jack in the Box Inc. this week announced that it will close 67 of its company-operated Qdoba restaurants by the end of fiscal 2013, which ends Sept.

American Restaurant Holdings now a publicly traded company

Focus Entertainment International Inc. has acquired American Restaurants LLC, a Nevada-based limited liability company, through a reverse merger transaction.

Restaurant franchise industry veteran starts strategic advisory firm

Franchise industry veteran Lynette McKee, CFE, announced today the launch of McKeeCo Services LLC, a franchising and development strategic advisory firm. McKeeCo Services will provide franchise consulting to foodservice, hospitality, retail and service brands seeking to grow or improve their...

U-Swirl acquires Aspen Leaf and Yogurtini fro-yo chains

U-Swirl Inc., parent to U-SWIRL International Inc., the owner and franchisor of U-SWIRL Frozen Yogurt cafés, has acquired specific assets of Aspen Leaf Yogurt LLC, a subsidiary of Rocky Mountain Chocolate Factory Inc., as well as the Yogurtini frozen yogurt...

Report: Demand growing for high-margin beverages

Seven out of 10 consumers (71 percent) now purchase beverages away from home twice a week or more often, up from 66 percent in 2010. According to market research firm Techmomic, as the economy continues to stabilize from the recession,...

Fazoli's sets all-time sales record in August

Fazoli's announced that its August sales broke an all-time company record. Company unit sales were up 3.4 percent over last year, making it the 25th consecutive month of comp-store sales increases. Franchise restaurants reported positive August sales of 4.2 percent, making it the 26th month in a row for comp-store sales growth.

BBI expands CherryBerry to Florida

Beautiful Brands International has announced the signing of a master franchise agreement with Julie Harris to expand development of its CherryBerry Self-Serve Yogurt Bars throughout Florida. The agreement is part of an expansive strategy by BBI to partner with franchise...

WAND named as Salsarita's digital menu board provider

WAND Corporation has been chosen by Salsarita's as the exclusive supplier of digital menu boards for its restaurants. Salsarita's has installed WAND digital menu board technology at more than 30 of its 80 locations.

Moe's set for Midwest expansion

Moe's Southwest Grill's newest location in St. Joseph, Mich., will mark the first of 25 new locations set to open throughout the Midwest. The St.

MOOYAH rolls out mobile ordering app

MOOYAH Burgers Fries Shakes has added a new mobile ordering application to help fuel its aggressive growth plans. The native app, available for both iOS and Android and developed by OLO, allows guests to access the better burger chain’s ordering...

MAD Greens salad lettuce goes hydroponic

VertiFresh, LLC has announced its partnership with Denver-based MAD Greens Inspired Eats to begin offering a signature "Alferd Packer" summertime salad made with all locally grown ingredients – including VertiFresh hydroponic lettuce. MAD Greens' customers will be among the first...

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