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

Steak ‘n Shake gets a credit downgrade

By Jonathan Maze on Jul. 22, 2019

Standard and Poor’s lowered its rating on the chain’s debt, saying it has an “elevated risk for a debt restructuring.”

Financing

Why the Kura Sushi IPO is a big deal

By Jonathan Maze on Jul. 22, 2019

The proposed $58 million offering could end a long dry period and make the public markets available to small chains again, says RB’s The Bottom Line.

Financing

At Restaurant Directions, signs of a tough business

By Jonathan Maze on Jul. 22, 2019

Despite a booming economy, the industry has been hit with high labor costs and falling traffic, but things are looking up.

Financing

Starbucks takes a stake in a tech company

By Jonathan Maze on Jul. 22, 2019

The coffee chain is sharing technology with Brightloom, formerly known as Eatsa, which also raised $30 million.

Financing

Unique model earns Cooper’s Hawk a big payday

By Jonathan Maze on Jul. 19, 2019

The chain’s sale to Ares Management shows again that companies rethinking the restaurant business can fetch strong valuations, says RB’s The Bottom Line.

Financing