Further, at a time when other types of restaurant formats are increasingly moving to smaller footprints to improve economics, LSS chains are already there. Building, franchise and overhead costs for LSS units are a fraction of those required for bigger formats, notes Technomic's Darren Tristano. "One person can run one of these restaurants and make a pretty decent living."
S&P's analysts noted that McDonald's and Burger King each achieved "meaningful" same-store sales increases last year, reflecting their leveraging of breakfast, snack and late-night opportunities. In addition, their stable-to-improved margins reflected their advantages as franchisors that directly operate only small percentages of their total restaurant systems.
BLOGS/COMMENTARY
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Goldman 1 hour ago Haiku 2.0 -- 2009 Edition For my first column of 2009, I thought I'd give Haiku 2.0 another try and share my outlook for the...
Online Spin:
Treffiletti 3 hours ago We Do Our Best Work In A Recession! It's my first post of the new year, and I have to say I'm pretty optimistic! I know the economy...
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Stewart 3 hours ago My Lone New Year's Resolution This year, my lone resolution is to invest in relationships with people that I believe will tell me the truth...
Commentary:
Feuer 6 hours ago Media X: Keeping It Unreal 2009 has barely begun, and already we're up to our nipples in nuttiness throughout the media and marketing world. Consider...
Daily Online Examiner:
Davis Yesterday, 4:31 PM Labels OK DRM-Free ITunes Tracks In a long overdue move, all the major record labels have agreed to allow Apple to sell tracks without the...
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