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Financing

Restaurant stocks get hit as Wall Street frets about virus cases

 By Jonathan Maze on Jul. 19, 2021

Casual dining stocks and Potbelly are hard hit while the Delta variant spreads and renews concerns about the economy.

Technology

Choco raises $100M for supply chain technology

 By Joe Guszkowski on Jul. 19, 2021

Transactions on the company's digital ordering platform quadrupled in the past year.

Financing

Investors jump on board the restaurant bandwagon

By Jonathan Maze on Jul. 15, 2021

Stock prices for all but one publicly traded restaurant company are up this year. But investors have grown more bullish on casual dining.

Financing

Fertitta includes more restaurant brands in his going-public merger deal

By Peter Romeo on Jul. 01, 2021

The resulting company will now also operate Mastro's, Vic and Anthony's, and Catchsteak.

Financing

Ohio launches $100M pandemic aid program for restaurants

By Peter Romeo on Jun. 30, 2021

The money will be allocated in grants of up to $30,000, with the exact amount determined by revenue losses in 2020.

Technology

Why investors are pouring billions into restaurant technology

By Joe Guszkowski on Jun. 27, 2021

A look at 50 of the most notable deals this year shows how investors are increasingly eager to cash in on what is becoming an enormous market.

Financing

Still need financial aid? The SBA says it has more options

By Peter Romeo on Jun. 16, 2021

The PPP and the Restaurant Revitalization Fund may be done, but the agency's Emergency Injury Disaster Loan program still has money available for loans and grants.

Financing

Mercato Partners hires former Garbanzo Mediterranean CEO as operating partner

By Joe Guszkowski on Jun. 16, 2021

James Park will help guide Mercato's restaurant-focused Savory Fund as it looks to invest in more growth concepts.

Financing

5 California restaurants snag $25K grants from Guy Fieri, state restaurant association

By Peter Romeo on Jun. 15, 2021

The celebrity chef announced the grants Saturday. Six other individuals were awarded scholarships totaling $175,000.

Financing

Washington Prime Group, a big mall owner, declares bankruptcy

By Jonathan Maze on Jun. 14, 2021

The owner of 102 shopping centers is restructuring its debt load after the pandemic kept restaurants and retailers from paying their leases.

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