finance

Financing

Mike Isabella Concepts declares bankruptcy

The celebrity chef says publicity over a sexual harassment lawsuit led to a sales decline and lost development deals.

Financing

Mini-IPO companies find little love on Wall Street

Fat Brands and iPic Entertainment have both struggled to create investor enthusiasm, says RB’s The Bottom Line.

The fast-casual health food franchise has been closing restaurants since its failed IPO.

Despite Hurricane Lane, few Atlantic storms means the next three months will be a sales roller coaster, says RB’s The Bottom Line.

“Everything’s on the table,” Cava CEO Brett Schulman told Restaurant Business.

July sales spiked 9.7%, but large brands are still seeing traffic problems, thanks perhaps to “chain fatigue.”

The fast-casual deal was largely financed by an investment from Panera Bread’s founder.

A survey of 1,000 small business owners found pronounced differences in the business attitudes of male and female operators.

The fast-casual chain, formerly known as Ruggles Green, plans to expand across Texas.

The company says its same-store sales rose 9.4% in the second quarter, thanks in part to its focus on sports.

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