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Financing

Ruth's Chris looks for new financing after giving back PPP loans

The chain's parent company is currently discussing alternative options with identified parties.

Financing

Big Burger King franchisee Carrols sees some dramatic improvement

Store closures, cost cuts and rising sales are putting the operator on a path toward positive cash flow.

With plenty of business through their drive-thrus, chains such as Chick-fil-A, Del Taco and Wendy’s are in no hurry to reopen dining rooms.

The chain’s morning sales have held up during the pandemic, helping its sales more fully recover in recent weeks.

But executives downplayed any impact on sales and suggested that reports of the outage are exaggerated.

Texas lifted dine-in restrictions May 1, and Dallas-based Dickey’s was ready. Here’s how.

Off-premise sales are running at an annual rate of about $4 million a year.

Family meals and meal kits are proving to be a smart move for this segment.

Famous Dave's received $7.2 million, and sister concept Granite City obtained $5.8 million.

It projects that it could be in default on its financial covenants for the second quarter, but expects to have access to more funds next week.

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