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finance

Financing

SBA creates an easier way for PPP borrowers to see if loans are forgiven

The streamlined web portal, which goes live on Aug. 4, is limited to borrowers of $150,000 or less.

Financing

More companies are turning to franchising for growth

As demand for franchises increases, companies see potential in the business model to speed development.

Financing

P.F. Chang’s and California Pizza Kitchen could go public

By Jonathan Maze on Jul. 23, 2021

The Asian chain is reportedly considering an initial public offering, while the pizza concept is exploring the idea months after emerging from bankruptcy.

Financing

Big restaurant investor L Catterton reportedly could go public

By Jonathan Maze on Jul. 20, 2021

The owner of concepts like Velvet Taco, Barcelona and Bartaco may hold an initial public offering or merge with a SPAC.

Financing

Restaurant stocks get hit as Wall Street frets about virus cases

By Jonathan Maze on Jul. 19, 2021

Casual dining stocks and Potbelly are hard hit while the Delta variant spreads and renews concerns about the economy.

Technology

Choco raises $100M for supply chain technology

By Joe Guszkowski on Jul. 19, 2021

Transactions on the company's digital ordering platform quadrupled in the past year.

Financing

Investors jump on board the restaurant bandwagon

By Jonathan Maze on Jul. 15, 2021

Stock prices for all but one publicly traded restaurant company are up this year. But investors have grown more bullish on casual dining.

Financing

Fertitta includes more restaurant brands in his going-public merger deal

By Peter Romeo on Jul. 01, 2021

The resulting company will now also operate Mastro's, Vic and Anthony's, and Catchsteak.

Financing

Ohio launches $100M pandemic aid program for restaurants

By Peter Romeo on Jun. 30, 2021

The money will be allocated in grants of up to $30,000, with the exact amount determined by revenue losses in 2020.

Technology

Why investors are pouring billions into restaurant technology

By Joe Guszkowski on Jun. 27, 2021

A look at 50 of the most notable deals this year shows how investors are increasingly eager to cash in on what is becoming an enormous market.

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