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finance

Financing

Papa John’s names Olivia Kirtley board chair

 By Jonathan Maze on Jul. 30, 2018

The former Ernst & Young CFO takes over for John Schnatter as the company looks for additional board members.

Financing

US Foods to acquire SGA’s Food Group of Companies for $1.8B

 By Jonathan Maze on Jul. 30, 2018

The deal includes 16-state broadline distributor Food Services of America.

Operations

BJ’s sees significant jump in same-store sales

By Heather Lalley on Jul. 27, 2018

The casual-dining chain reported a 5.6% increase in comps for its second quarter.

Financing

Dunkin’ Donuts earmarks $100M for beverage repositioning

By Peter Romeo on Jul. 27, 2018

The investment follows the chain’s strongest comps gain since 2016.

Operations

Starbucks reports sluggish same-store sales growth for Q3

By Heather Lalley on Jul. 27, 2018

The coffee giant looks to expand in the South and middle America while continuing to search for its next Frappuccino.

Operations

Trump’s tariffs push up soft drink costs

By Peter Romeo on Jul. 26, 2018

Coke is already increasing prices, noting the added impact of freight companies struggling to find drivers.

Technology

Grubhub acquires LevelUp for $390M

By Sara Rush Wirth on Jul. 25, 2018

The delivery giant strategically adds the digital ordering and loyalty platform to its portfolio.

Financing

Jose Andres takes over The Bazaar from SBE

By Heather Lalley on Jul. 24, 2018

The move will allow Andres’ ThinkFoodGroup to expand the concept outside of SBE properties.

Financing

Matchbox is acquired by Thompson Hospitality Corp.

By Heather Lalley on Jul. 24, 2018

The struggling full-service pizza chain hopes the investment will jump-start its growth.

Financing

Garbanzo owners buy stake in La Boulangerie

By Heather Lalley on Jul. 23, 2018

The investment comes with plans to expand both restaurant brands while also developing new concepts.

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