coronavirus

The pandemic has hastened Ruby Tuesday’s decline

The casual dining chain, which has been shrinking for years, has closed at least 150 locations, more than a third of the system, and many will not reopen.

Financing

Robert Earl group agrees to buy 45 restaurants from Bravo and Brio's parent in $29M deal

The operator of Planet Hollywood and Buca di Beppo is paying just $50,000 in cash for FoodFirst Global Restaurants.

Financing

For foreign restaurant chains, the U.S. remains a brutal market

By Jonathan Maze on May 28, 2020

Le Pain Quotidien and Vapiano were both struggling here before the pandemic, proving again the difficulty foreign chains have in establishing a beachhead, says RB’s The Bottom Line.

Financing

Popeyes same-store sales soar more than 40%

By Jonathan Maze on May 28, 2020

But sister brands Tim Hortons and Burger King are both down, even as the chains’ sales improve.

Workforce

Marriott warns of ‘significant’ further cutbacks

By Peter Romeo on May 27, 2020

The 115,000 employees currently furloughed will remain out of work until the fall, according to the innkeeper. It’s now offering U.S. employees an exit deal.

Leadership

Winsight Announces Restaurant Recovery Summit for November

By Britta Baarstad on May 27, 2020

The agenda will focus on 10 key areas of the restaurant business that are rapidly evolving: consumer experience; off-premise; labor; safety, sanitation and security; technology; supply chain; finance; menu evolution; engagement/loyalty; and operations.

Financing