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finance

Financing

Papa Murphy’s owner delays earnings over an employee’s allegations

 By Jonathan Maze on Feb. 14, 2020

MTY Group said it needs time to address complaints made by a whistleblower, which it deemed “frivolous.”

Financing

Muscle Maker Grill prices its IPO

 By Jonathan Maze on Feb. 13, 2020

The struggling fast-casual chain expects to raise $7.7 million in its offering.

Financing

Citizens Financial Group to acquire Trinity Capital

By Jonathan Maze on Feb. 13, 2020

The acquisition will combine a major lender to restaurants with an investment bank that has closed more than 500 deals in the industry.

Financing

Coronavirus hits China restaurants hard

By Jonathan Maze on Feb. 12, 2020

Yum Brands, Starbucks, McDonald’s and others have had to close stores in a country many see as a major source of growth.

Financing

Restaurant CFOs are bracing for a recession

By Jonathan Maze on Jan. 31, 2020

A BDO survey says 70% of industry financial chiefs expect a downturn in the next year or two even as they’re optimistic for their own companies, says RB’s The Bottom Line.

Financing

A look at some recent restaurant chain bankruptcies

By Jonathan Maze on Jan. 28, 2020

On Monday, Bar Louie and the owner of Village Inn and Bakers Square became the latest restaurant chains to file for federal debt protection. Here's a roundup of recent filings.

Financing

Restaurant chains have no room for error

By Jonathan Maze on Jan. 27, 2020

Bankruptcy filings by Bar Louie, Krystal and American Blue Ribbon all reflect the industry’s competitive and operational challenges, says RB’s The Bottom Line.

Financing

Bakers Square, Village Inn owner files for bankruptcy

By Jonathan Maze on Jan. 27, 2020

American Blue Ribbon Holdings closed 33 locations as it continues to lose money.

Financing

Sale of The Palm commences

By Peter Romeo on Jan. 08, 2020

The families that have owned the brand since 1926 have hired a banking adviser to commence a change in ownership.

Financing

Cava Group raises another $40M

By Jonathan Maze on Dec. 13, 2019

The owner of Cava Grill and Zoes Kitchen closed on its latest fundraising round last month.

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