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A Deeper Dive "A Deeper Dive" is a weekly podcast from Restaurant Business dedicated to going in-depth on the most pressing challenges and opportunities restaurant operators face today, hosted by Editor-in-Chief Jonathan Maze.
The Technomic Top 500 - Restaurant Business
The 2024 Technomic Top 500 Chain Restaurant Report is out. Check out the annual ranking of the 500 largest restaurant chains in the U.S. by
Sodexo mulls acquiring Aramark
Sep 27, 2024 · Food services company Sodexo is considering acquiring fellow food service rival Aramark, Bloomberg News reported earlier this week. If a deal were to come about, it would be big news indeed, as the two companies are giants in the foodservice industry, serving millions every day around the globe in colleges, schools, hospitals, sports venues and more.
Olive Garden owner Darden completes acquisition of Chuy's for …
Oct 11, 2024 · Chuy’s shareholders overwhelmingly approved the acquisition during a meeting Thursday. Earlier, some shareholders had raised concerns about whether Darden was paying enough for the chain. Chuy’s responded last week by sharing additional details about how it came to the price of $37.50 per share, which represents a 10.9x multiple of Chuy’s estimated EBITDA, or earnings before interest ...
The 10 largest restaurant chains in the U.S. - Restaurant Business
Apr 16, 2024 · The 10 largest U.S. restaurant chains represented 44% of total sales generated last year by the Technomic Top 500 ranking. There was little movement in the ranking last year, however, with one exception: Chipotle, which moved up the list.
Chick-fil-A | 2024 - Restaurant Business
*Technomic estimate. For complete Top 500 data, including each chain’s sales, units and YOY change, average unit volume, and company/franchise units, as well as Technomic’s analysis, growth forecast and more:
Top 500 Chains - Restaurant Business
The Top 500 Chain Restaurant Report is a measure of the largest restaurant concepts by U.S. systemwide sales, based on results from the 2019 calendar year. Relevant information is accrued using a combination of public company financial filings, direct operator surveying, franchise disclosure documents and proprietary valuation algorithms.
7-Eleven to close 444 North American stores
Oct 10, 2024 · As a result, the company downgraded its U.S. profit guidance for the year and said it will close weaker stores. The closures are expected to deliver a $30 million operating income benefit this year and a $110 million boost to annualized run rate, according to the presentation.
Arby's names David Graves president
Sep 30, 2024 · Graves spent time in various roles at KFC before he was moved over to Pizza Hut. Paul Brown, cofounder and CEO of Arby’s owner Inspire Brands, said he has “a strong track record of leading transformational success.”
Burger King thrives internationally, except in China
Nov 5, 2024 · “We believe this is a short-term situation,” Siddiqui added, “and we are committed to the long-term success of the business in China.” This isn’t the first situation in which RBI has had to step in to make major changes with its master franchisees in China.