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News

Emerging Brands

Barnes & Noble’s foray into full-service restaurants flops

 By Heather Lalley on Sep. 07, 2018

The bottom line for Barnes & Noble Kitchen is “awful,” the bookseller’s founder says.

Financing

Jollibee to invest $12.4M in Rick Bayless fast casual Tortas Frontera

 By Heather Lalley on Sep. 07, 2018

The largest foodservice operator in the Philippines, which recently acquired Smashburger, plans to grow the Tortas Frontera Mexican sandwich chain.

Financing

Robotic restaurant Spyce gets $21M

By Jonathan Maze on Sep. 07, 2018

Investors include numerous chefs providing funds to help the concept open locations on the East Coast.

Workforce

New law ends Michigan’s tip credit—to restaurants’ delight

By Peter Romeo on Sep. 07, 2018

The restaurant industry believes it has a better chance of keeping the wage break alive if it’s fighting a law instead of a ballot proposal.

Financing

Ruby’s Diner files for bankruptcy protection

By Jonathan Maze on Sep. 07, 2018

Weak sales, failed refranchising and costs from a gift card program all contributed to the chain’s financial struggles.

Financing

Papa John’s could face a lot more store closures

By Jonathan Maze on Sep. 07, 2018

An analyst says the company’s sales keep falling, which could lead to more operator challenges, says RB’s The Bottom Line.

Financing

A Dunkin’ Brands sale would be really expensive

By Jonathan Maze on Sep. 06, 2018

Investors have speculated that JAB would buy the company, but it would likely require a record price, says RB’s The Bottom Line.

Leadership

Cooper’s Hawk names Michael Coyne CFO

By Jonathan Maze on Sep. 06, 2018

The former Potbelly CFO had spent a time as that chain’s interim CEO.

Marketing

Arby’s airs a new spokesperson and tagline

By Peter Romeo on Sep. 06, 2018

The chain’s focus is still on meats, but with a kicker calling attention to its complete sandwich line.

Financing

Mike Isabella Concepts declares bankruptcy

By Jonathan Maze on Sep. 06, 2018

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

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