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How difficult has the M&A market been? Just ask Pollo Tropical

The Bottom Line: Parent company Fiesta Restaurant Group spent two years trying to find a buyer before ultimately agreeing to a deal with the owner of Primanti Bros. It illustrates the difficulties of the acquisition market over that period. By Jonathan Maze on Oct. 10, 2023

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Financing

For Starbucks, 2 years of change hasn't yielded promised results

The Bottom Line: The coffee shop giant’s sales struggles worsened earlier this year, despite a flurry of efforts to improve operations and employee satisfaction.

Food

Nando's Americanizes its menu a bit as U.S. expansion continues

Behind the Menu: Favorites like mac and cheese, bowls and salads join the fast casual’s Afro-Portuguese-rooted dishes, including the signature peri-peri chicken.

Financing

The consumer is cutting back, but not everywhere

The Bottom Line: Early earnings from major restaurant chains suggest the consumer has taken a distinct turn for the worse so far in 2024.