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coronavirus_chains

Financing

Potbelly decides to take a $10M PPP loan

 By Heather Lalley on Aug. 17, 2020

The struggling sandwich chain returned its PPP money last spring but opted to accept a loan during the second funding round to help it stay afloat.

Financing

Black Box: 12% of full-service chain restaurants are closed

 By Jonathan Maze on Aug. 14, 2020

Sales are recovering slowly, but remain well below last year’s numbers, and full recovery could take time.

Food

Restaurant menus slim down to maximize efficiency and boost margins

By Patricia Cobe on Aug. 12, 2020

Operators are streamlining menus to adapt to pandemic-era dining.

Financing

Steak 'n Shake’s losses narrow as more units close

By Peter Romeo on Aug. 11, 2020

The chain’s revenues fell nearly 50%.

Operations

How will the pandemic reshape urban fast-casual concepts?

By Heather Lalley on Aug. 07, 2020

With fewer downtown office workers, many fast-casual chains are eyeing suburban locations or rethinking their business models entirely.

Marketing

Panera debuts an at-home summer camp for cooped-up families

By Heather Lalley on Aug. 05, 2020

The fast-casual chain joins Shake Shack in offering seasonal fun while building brand awareness for kids and parents during the pandemic.

Financing

Here comes the next wave of chain bankruptcies

By Jonathan Maze on Aug. 04, 2020

With leases due, more chains like California Pizza Kitchen could end up filing even as sales increase, says RB’s The Bottom Line.

Financing

A look at Starbucks’ U.S. comeback strategy

By Jonathan Maze on Aug. 04, 2020

The coffee giant is banking on a new store strategy, its growing loyalty program and plant-based food to recover sales lost due to COVID-19.

Financing

Starbucks, Dunkin’ and McDonald’s have a common problem: Fewer commuters

By Jonathan Maze on Jul. 31, 2020

The breakfast-heavy chains are adapting to changes in consumer patterns, which may be more permanent than you think, says RB’s The Bottom Line.

Operations

Restaurant chains use the pandemic to hack off weak stores

By Peter Romeo on Jul. 31, 2020

Thousands of units are being closed sooner than they might have been without the pandemic.

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