A new CEO was hired in 2013 to turn things around - and he did. Individual restaurants are now doing 25% higher annual sales than before he came.
How would you turn around a restaurant chain? In 2013 they rolled out a brisket sandwich "which lifted sales 12% and became the company’s most successful product."
Before CEO Paul Brown, they introduced 2 new products every year; since Brown came, they now introduce twelve every year. The new product is launched with a discount, then up to regular price. "If the item can hold steady at 3 - 6% of sales, it earns a permanent place on the menu. Otherwise it’s gone."
And of course you've heard the Arby's commercial, "We have the meats!" That's Ving Rhames ("Mission Impossible") doing the voice.
And of course you've heard the Arby's commercial, "We have the meats!" That's Ving Rhames ("Mission Impossible") doing the voice.
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