finance

Expanding chains see opportunity in post-pandemic real estate

By Jonathan Maze on Jul. 17, 2020

Big restaurant chains, such as Chipotle and Domino’s, expect real estate to become more favorable as locations close. But drive-thru locations could surge in value.

Financing

Reverse mergers are suddenly all the rage

By Jonathan Maze on Jul. 15, 2020

Special purpose acquisition companies, or SPACs, have been taking more companies like BurgerFi public. RB’s The Bottom Line examines the strategy and finds mixed results.

Financing

Pie Five’s parent company receives a delisting warning

By Heather Lalley on Jul. 09, 2020

Rave Restaurant Group could be removed from Nasdaq if it is unable to comply with the stock exchange’s financial rules.

Financing

DoorDash will match loans to Black-owned businesses

By Joe Guszkowski on Jul. 08, 2020

The move is one of several new initiatives by the company to help the Black community.

Financing

TGI Friday's, Ruby Tuesday among chains that received PPP funds

By Jonathan Maze and Peter Romeo on Jul. 06, 2020

The SBA released detailed information revealing which companies received federal stimulus dollars. Here's a look at some of the restaurants that received them.

Financing

How flexible are landlords being on rent? Not much, NYC restaurants find

By Peter Romeo on Jul. 02, 2020

Still, they're getting only a portion of restaurant rents because places just can't afford to pay, new research indicates.

Financing

Subway is pulling back on its $5 Footlong offer

By Jonathan Maze on Jul. 01, 2020

The chain is making its “$5 Footlongs when you order two” promotion digital-only as the offer hurt operator profits.

Financing

PPP is extended, but is that good for restaurants?

By Peter Romeo on Jul. 01, 2020

Loans will continue to be offered to small businesses for another five weeks, but Treasury Secretary Mnuchin had raised the possibility of using the remaining funds specifically to help restaurants.

Financing