NRN surveyed over 400 restaurant operators for our latest market leader report. Discover how these industry leaders are leveraging data to shape their strategies and drive success.
It was a good quarter for Shake Shack, with record sales of $426.3 million, up by 21.2% compared to the second quarter of 2022. Same-store sales were up by 3%, with restaurant-level margins of 21.2%, the first time margins were above 20% since...
Throughout the past several quarters, Taco Bell has hogged the spotlight for Yum Brands’ earnings results. That spotlight in Q2, however, belonged to KFC...
After announcing in June that he was “moving on from MrBeast Burger” in a series of now-deleted tweets, YouTuber Jimmy Donaldson is suing his virtual restaurant parent company, Virtual Dining Concepts for “material, irreparable harm” to...
New data from Alignable shows that 36% of independent restaurant operators couldn’t pay their rent in July, a material improvement from 45% who reported delinquencies in June...
McDonald’s has spent the past several years retrenching, closing underperforming restaurants and getting its system in order. Ten years ago, for instance, there were over about 500 more domestic locations than there are now...
Chick-fil-A is testing two new restaurant designs – an elevated drive-thru concept and a walk-up concept – aimed at meeting consumers’ changing needs, including and especially their digital needs. Both concepts are set to open in 2024 and are run...
House and Senate Democrats, led by Sen. Bernie Sanders (I- Vt.), chair of the Senate Health, Education, Labor, and Pensions Committee, introduced the Raise the Wage Act, which would gradually raise the federal minimum wage to $17 by 2028, or more...
In celebration of National Avocado Day July 31, Chipotle is hosting its first promotion – “Get in the Pit” sweepstakes – on the fledgling social media channel, Threads. The company claims to be the first major restaurant brand to host a...
Although Domino’s Pizza reported nearly stagnant same-store sales growth of 0.1% for the second quarter ended June 18, 2023, the numbers were not surprising for a company that is focusing on rebuilding its delivery growth, Domino’s Pizza CEO...