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Bojangles' Famous Chicken 'N Biscuits

Operations

Bojangles’ closes units amid poor same-store sales

The biscuit chain, which is under a purchase agreement, reported comps growth of just 0.1% for company-owned stores.

Financing

Bojangles' joins the go-private parade

But the company doesn’t get the valuations that some of its competitors have received, says RB’s The Bottom Line.

Durational Capital Management and The Jordan Company will buy the chicken QSR.

The struggling biscuit chain’s stock climbed on reports that it’s looking for a buyer.

The quick-service chain is also cutting underperforming items from its menu.

A cattle rustling by one of Chick-fil-A's competitors was just one instance of operators pushing the traditional boundaries of the restaurant business this week.

What icy beverage flavors and styles will be cooling off customers this summer?

The move follows the quick-service chain’s Q1 sales decline.

Concepts that serve chicken without bones have flourished, taking share at a time when the industry has stumbled, says RB’s The Bottom Line.