Restaurant Business Daily

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Financing

How demographics are affecting restaurant sales

In this week’s episode of "A Deeper Dive," Technomic’s Joe Pawlak talks about restaurant sales in the coming year.

Financing

J.H. Whitney Capital buys Firebirds Wood Fired Grill

The 48-unit polished-casual chain has been on a steady growth path.

The chain’s franchise association is telling operators to hold off on projects not "in the works," pending negotiations.

The company cites a heavy debt load and legal liabilities and is closing “several” locations.

The company now has beer delivery in Florida, Iowa, Nebraska, North Carolina and Ohio as well as California and Arizona.

The brisk pace of restaurant mergers and acquisitions is expected to continue into 2019, says RB’s The Bottom Line.

“Cash-strapped” franchisees say a lot is happening at once, without much return.

The hiring came as the overall job market appears to be accelerating.

Traffic fell 5.4% in November as the industry continued losing customers.

The industry veteran will lead the newly named Rego Restaurant Group, which also operates Taco Del Mar.

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