Financing
Higher gas prices have a casualty
The Bottom Line: This week’s edition of the restaurant finance newsletter looks at the impact of rising gas prices, and why that’s behind the delayed 7-Eleven IPO.
Financing
Gas prices do impact restaurants, particularly full-service
The Iran War has sent the price of gas past $4 a gallon nationwide and analysts expect it to get worse. That could lead more customers to trade down to cheaper restaurants, according to Black Box.