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Financing

How your restaurant sales and profits compare to competitors' and what you can do to improve financial performance

Financing

Sardar Biglari buys another oil company

 By Jonathan Maze on Sep. 28, 2022

The Bottom Line: Biglari Holdings, which owns Steak n Shake and other holdings, spent $80 million to acquire a majority of shares in Abraxas Petroleum Corp.

Financing

Sardar Biglari and Cracker Barrel call a truce

 By Jonathan Maze on Sep. 28, 2022

The activist investor and the family-dining chain, which have been at odds for 11 years, reached a cooperation agreement on Wednesday.

Financing

How Gong Cha plans to take its bubble tea brand across the U.S.

By Jonathan Maze on Sep. 28, 2022

A Deeper Dive: This week’s podcast features Paul Reynish, CEO of the beverage chain, who talks about the company’s growth strategy.

Financing

As MOD Pizza can attest, the market for IPOs remains frozen

By Jonathan Maze on Sep. 28, 2022

The Bottom Line: The number of offerings this year has plunged, thanks largely to market volatility and weak performance among last year’s IPOs.

Financing

MTY Food Group completes purchase of Famous Dave's owner

By Joe Guszkowski on Sep. 28, 2022

Montreal-based MTY adds BBQ Holdings' nine concepts to its collection in a deal valued at $200 million.

Financing

No, owning a franchise is not a ‘low-risk’ business

By Jonathan Maze on Sep. 27, 2022

The Bottom Line: It’s worth reminding that franchise ownership is no less risky than operating an independent business, and here’s why.

Financing

Not having an ESG strategy can be controversial. Now having one is turning dicey

By Peter Romeo on Sep. 27, 2022

Conservative groups and politicians say they don't want to do business with those "woke" players.

Financing

The guys behind the $100M New Jersey deli get charged with market manipulation

By Jonathan Maze on Sep. 27, 2022

The SEC and the U.S. Attorney in New Jersey announced civil and criminal charges against three men, charging them with inflating the share price of their company.

Financing

With potential IPO on hold, MOD Pizza focuses on accelerating growth

By Lisa Jennings on Sep. 27, 2022

MOD Pizza's potential IPO is on hold but the chain is focused on accelerating growth.

Financing

Younger consumers are warming up to Cracker Barrel

By Joe Guszkowski on Sep. 27, 2022

Millennials, lured by build-your-own breakfast and fried pickles, are visiting more often. But the chain’s important 65-and-over demographic remains slow to return.

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