finance

Financing

Two of the industry’s Wall Street darlings have taken a beating this year

Chipotle, which once flirted with $2,000 a share, along with Domino’s have lost more than 20% of their value thus far in 2022.

Emerging Brands

Sweetfin gets an investment from an Italian poke chain

Poke House has taken a minority stake in the 14-unit poke fast casual based in Southern California, allowing it to speed up its growth.

Robbie Robinson, co-founder of the Pendulum Holdings investment and advisory group, partnered with Chopt parent Founder’s Table to bring capital to operators who typically don’t get funding.

The restaurateur’s Union Square Hospitality Group closed on its second fund, Enlightened Hospitality Investments, which plans to invest in high-growth companies.

The Bottom Line: After a major surge in industry filings during the pandemic, they all but stopped last April. Here's why.

A proposal is coming together for re-upping the Restaurant Revitalization Fund, and the attention alone is kindling optimism.

It was the investor’s second such fine for violating antitrust laws related to the reporting of stock purchases by large existing shareholders.

The Bottom Line: The food-and-games chain has declared bankruptcy twice over the past two decades and has struggled for years. It closed its last six units and shut down for good on Christmas Eve.

As pandemic concerns persisted, investors bet against casual dining and fast-casual and kept their fast-food shares.

The industry continued to consolidate in 2021, while restaurants returned to the public markets with surprising eagerness.

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