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finance

Financing

Sensing a post-pandemic opportunity, Savory invests in Crack Shack

 By Jonathan Maze on Sep. 22, 2020

The investment firm is taking a controlling interest in the chicken concept and says it has the money and capability to grow the chain.

Financing

As financing dries up, companies turn to crowdfunding

 By Jonathan Maze on Sep. 21, 2020

Equity crowdfunding becomes more popular as investments dry up but people have money to spend.

Financing

Chuck E. Cheese’s owner gets a $200M lifeline

By Jonathan Maze on Sep. 09, 2020

Owner CEC Entertainment received the OK to get financing that will carry it through the bankruptcy process.

Financing

How the pandemic is changing restaurant finance

By Jonathan Maze on Sep. 09, 2020

Mark Wasilefsky, head of franchise finance for TD Bank, joins the RB podcast “A Deeper Dive” to discuss COVID-19’s impact on financing.

Financing

GameWorks plans a $15M IPO

By Heather Lalley on Sep. 08, 2020

The struggling food-and-games concept has warned that it may not remain a going concern and needs cash to stay in business.

Financing

Restaurants’ employment recovery has slowed

By Jonathan Maze on Sep. 08, 2020

Industry job growth slowed last month, a sign that operators are not bringing back workers as capacities remain limited, says RB’s The Bottom Line.

Financing

Some restaurants push growth while others struggle to survive

By Jonathan Maze on Sep. 02, 2020

This week’s RB podcast “A Deeper Dive” features multi-unit restaurant attorney Dennis Monroe, discussing the industry’s divergent recovery.

Financing

Blue Star Donuts declares bankruptcy

By Heather Lalley on Aug. 31, 2020

The Portland, Ore.-based gourmet doughnut concept shut down its eight locations amid the pandemic and is working on developing a wholesale operation, according to the filing.

Leadership

Sardar Biglari tries again to control a seat on Cracker Barrel’s board

By Peter Romeo on Aug. 21, 2020

The owner of Steak 'n Shake has started his fourth proxy fight against the company, having nominated Raymond Barbrick, co-CEO of franchise operator The Briad Group.

Financing

Investor behind Papa John’s comeback forms a SPAC

By Jonathan Maze on Aug. 18, 2020

Starboard Value, which also overhauled the board at Darden Restaurants, has filed for a $300 million blank-check company, says RB’s The Bottom Line.

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