finance

Sardar Biglari loses another Cracker Barrel proxy vote

Raymond Barbrick didn’t get nearly enough votes for a seat on the family chain’s board, Biglari’s fifth such proxy loss, says RB’s The Bottom Line.

Financing

No federal aid in sight this time around

Restaurants aren’t likely to see the sort of federal relief that helped them weather the shutdown of dining rooms back in the spring. At least not for a while.

Financing

Thompson Hospitality buys Matchbox Food Group out of bankruptcy

By Jonathan Maze on Nov. 18, 2020

The casual dining chain is reopening four units as it emerges from Chapter 11.

Financing

Everytable wants to take its restaurants everywhere

By Jonathan Maze on Nov. 18, 2020

The health-focused concept, which includes restaurants, vending machines and a subscription service, just received $16 million in funding to expand.

Technology

DoorDash files for IPO, hopes to raise $100M

By Joe Guszkowski on Nov. 13, 2020

The company has lost money every year since its founding, and said it expects those losses to continue.

Financing

Earnings roundup: Red Robin, Cracker Barrel, J. Alexander’s, Chuy’s, Marriott

By Peter Romeo on Nov. 06, 2020

Here’s a snapshot of how those operations fared during Q3, along with a look at how they intend to improve their performance.

Financing

Bankrupt Applebee’s franchisee moves to dismiss its Chapter 11

By Peter Romeo on Nov. 05, 2020

The debt that triggered the bankruptcy filing has been acquired by a restaurant company affiliated with the franchisee’s president, eliminating the need for protection, the creditor said in a court filing.

Financing