Continue to Site >>>

finance

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.

Financing

Cheesecake Factory buys most of Roark's stake for $457M

By Peter Romeo on Jun. 14, 2021

Roark managing partner Neal Aronson will retain control of a 4.6% stake. The buyback more than doubled Roark's initial investment.

Financing

Bojangles is making a big move into Texas

By Jonathan Maze on Jun. 14, 2021

The regional chicken chain will be opening locations in Houston and Dallas as part of a major move into the Lone Star State.

Technology

Back-office software provider Restaurant365 buys competitor Compeat

By Joe Guszkowski on Jun. 11, 2021

It is the second deal this week involving technology designed to ease administrative tasks for restaurants.

Technology

Grubhub-Just Eat Takeaway deal gets shareholder approval

By Joe Guszkowski on Jun. 10, 2021

The deal is expected to close June 15, and will create one of the largest food delivery companies in the world.

  • Page 35