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Study: Big restaurant chains do well overall, but some slip
Chicago – Bigger is often said to be better, but some big restaurant chains may not agree. The 500 largest restaurant chains in the U.S. accelerated their cumulative sales growth in 2014 to a 4% increase, totaling an estimated $274.4 billion, according to data released by Technomic Inc.
But some of the biggest brands among them, namely Subway and McDonald's, lost ground to focused-menu competitors and emerging fast-casual chains and reported overall sales decreases for the year.
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Arby’s names operations VP as new COO
Atlanta - Arby's Restaurant Group Inc. (ARG) is promoting John Bowie, senior VP of operations, to COO, reporting to Paul Brown, CEO. The promotion was announced as George Condos, ARG president and COO, announced his retirement.
Bowie will assume responsibilities as COO on March 30, at which point Condos will continue on through the end of the year as a consultant for Arby's.

