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Operations

Why Potbelly is mulling permanently closing a quarter of its units

 By Heather Lalley on May 13, 2020

The struggling fast casual said it might shutter 100 sandwich shops that were performing poorly before the pandemic as it scrambles to make up ground lost to the impacts of the virus.

Financing

Starbucks is asking landlords for a year’s worth of rent breaks

 By Jonathan Maze on May 13, 2020

The chain is renegotiating rents after its sales plummeted in recent weeks during the pandemic shutdown.

Financing

Burger King and Popeyes will start reopening dining rooms

By Jonathan Maze on May 12, 2020

So will Tim Hortons as parent company Restaurant Brands International moves into the next phase of reopening.

Operations

Buffalo Wild Wings unveils a delivery and takeout riff called Go

By Peter Romeo on May 11, 2020

The new format, featuring a limited menu and sparse seating, will make its debut this week.

Financing

Papa John’s removes the guardrails and takes off

By Jonathan Maze on May 08, 2020

The chain took some big risks with delivery and its menu, and as consumers stayed home, its sales flourished.

Financing

BJ's nears break-even point, even at 25% capacity

By Peter Romeo on May 08, 2020

Stores in Texas have generated $20,500 in weekly on-premise sales, even with three of every four seats out of use.

Financing

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

By Peter Romeo on May 08, 2020

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

Workforce

Bloomin' finds keeping staff to be a big reopening advantage

By Peter Romeo on May 08, 2020

Restaurants are able to reopen efficiently and without the cost of retraining or recruiting, executives told investors Friday morning.

Financing

Fast-food chains take a cautious approach to reopening

By Jonathan Maze on May 07, 2020

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.

Financing

Big Burger King franchisee Carrols sees some dramatic improvement

By Jonathan Maze on May 07, 2020

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

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