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finance

Financing

Twin Peaks sets its IPO date

 By Joe Guszkowski on Jan. 14, 2025

The casual-dining chain will separate from parent Fat Brands and become a stand-alone public company later this month.

Financing

Ron Shaich's Act III Holdings invests in Honest Greens

 By Lisa Jennings on Jan. 14, 2025

This growing healthful fast-casual brand is in Spain and Portugal but the investment will expand it across Europe. Will it come to the U.S.?

Emerging Brands

Call Your Mother wins significant strategic investment for expansion

By Lisa Jennings on Jan. 13, 2025

The 15-unit "Jew-ish" deli has a rabid fan base in Washington, D.C. and Denver, and the co-founders are looking at new markets.

Leadership

Chipotle's Jack Hartung to join Portillo's board

By Lisa Jennings on Jan. 10, 2025

The move was brought about by activist investor Engaged Capital, which last year promised to take steps to "unlock the intrinsic value" of Portillo's business.

Financing

Hickory Tavern bar-and-grill chain acquired by Artistry Restaurants

By Joe Guszkowski on Jan. 06, 2025

The 20-unit casual-dining chain is a favorite in the Carolinas. It brings Artistry’s portfolio to seven brands.

Financing

BJ's Restaurants gets some help from Ron Shaich's Act III Holdings

By Joe Guszkowski on Jan. 02, 2025

The casual-dining chain and the former Panera CEO struck a cooperation agreement that will bring more collaboration between BJ’s and the influential shareholder.

Financing

Noodles & Company stock price decline brings threat of delisting

By Lisa Jennings on Jan. 02, 2025

The fast-casual chain has struggled to turn around its financial performance, but its stock price has remained below $1 long enough to trigger a warning.

Financing

In a tough year for restaurant stocks, a few names stood out

By Jonathan Maze on Jan. 02, 2025

Chili’s owner Brinker, Sweetgreen and Cava led during a year in which investors largely shied away from restaurant investments.

Financing

In 2024, restaurant chain bankruptcies dominated the news

By Jonathan Maze on Dec. 18, 2024

Red Lobster and TGI Fridays led a year in which chains both big and small clogged bankruptcy courts. Here is a look at the year’s biggest bankruptcy filings.

Operations

ESG filings at McDonald's and other chains push for food waste transparency

By Lisa Jennings on Dec. 11, 2024

Shareholder advocacy groups are calling on public restaurant companies to measure and reduce the organic waste they send to landfills.

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