Restaurant Business Daily

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Financing

Restaurant sales show signs of life

Numbers from Black Box Intelligence indicate that the industry has found its bottom and is slowly regaining some customers.

Financing

Sardar Biglari pokes Cracker Barrel over Punch Bowl Social

The activist investor argues the company was too quick to abandon its investment, says RB’s The Bottom Line.

Technomic’s Melissa Wilson joins “A Deeper Dive” to talk about the future of third-party delivery.

Operators raised concerns about corporate support, while the company urged the franchise association to back efforts to raise worker pay during the coronavirus shutdown.

The food and games chain has a deal with Jefferies to sell up to $75 million in stock to strengthen a balance sheet damaged by the coronavirus shutdown.

A proposed class action accuses DoorDash, Uber Eats, Grubhub and Postmates of forcing restaurants to raise prices.

Mason Smoot was named U.S. chief restaurant officer after the retirement of Charlie Robeson, and the company has a new chief of staff and chief people officer.

While no company is immune to the coronavirus shutdown, it will likely widen the divide between larger chains and smaller ones, says RB’s The Bottom Line.

Companies from distributors to point-of-sale providers have faced their own challenges as restaurant sales crater.

Yum Brands chains will also take workers’ temperatures and have them wear gloves as part of the company’s evolving response to the coronavirus.

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