Restaurant Business Daily

A true business intelligence tool helping operators become more efficient and profitable, Restaurant Business Daily eNewsletter gives restaurateurs tips and tools from RestaurantBusinessOnline.com's most recent postings and from around the web.

Financing

With the sale market dry, more chains turn to bankruptcy

The filing by Restaurants Unlimited shows that some companies have little choice but to seek court help so they can be sold, says RB’s The Bottom Line.

Food

Burger King introduces $1 tacos

The burger chain is taking its Crispy Tacos nationwide for a limited time.

The company named Jim Norberg its chief restaurant operations officer.

The company apologized to Tempe, Ariz., police after a barista asked six officers to leave one of its stores on July 4.

The casual-dining operator closed six locations and blamed rising minimum wages and shifting consumer tastes for the filing.

The fast-growing revolving sushi chain hopes to raise $58 million.

The company has shuttered 10% of its locations amid sales challenges and a "multi-faceted transformation."

Both CEO David Burke and CFO Phyllis Knight resigned from Diversified Restaurant Holdings as founder Michael Ansley returns as interim chief executive.

Fake domains, ghost websites and unreasonable charges pose a major problem for the industry going forward, says RB’s The Bottom Line.

In an amended lawsuit, the operators’ franchise association says the franchisor’s cost cutting is squeezing franchisees.

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