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finance

Financing

Shari's Pies now owns Coco's and Carrows

 By Jonathan Maze on Sep. 17, 2018

The two brands were quietly sold over the summer.

Financing

Are remodels hurting McDonald’s sales?

 By Jonathan Maze on Sep. 17, 2018

An analyst suggests that keeping restaurants offline while they add kiosks is hurting same-store sales, says RB’s The Bottom Line.

Financing

Why do some restaurants get millions while others go bankrupt?

By Jonathan Maze on Sep. 13, 2018

Investment dollars are still flowing into an industry where bankruptcies are common. Here’s why that is, says RB’s The Bottom Line.

Financing

Ruby’s Diner files for bankruptcy protection

By Jonathan Maze on Sep. 07, 2018

Weak sales, failed refranchising and costs from a gift card program all contributed to the chain’s financial struggles.

Financing

Robotic restaurant Spyce gets $21M

By Jonathan Maze on Sep. 07, 2018

Investors include numerous chefs providing funds to help the concept open locations on the East Coast.

Financing

Mike Isabella Concepts declares bankruptcy

By Jonathan Maze on Sep. 06, 2018

The celebrity chef says publicity over a sexual harassment lawsuit led to a sales decline and lost development deals.

Leadership

Cooper’s Hawk names Michael Coyne CFO

By Jonathan Maze on Sep. 06, 2018

The former Potbelly CFO had spent a time as that chain’s interim CEO.

Financing

Mini-IPO companies find little love on Wall Street

By Jonathan Maze on Aug. 28, 2018

Fat Brands and iPic Entertainment have both struggled to create investor enthusiasm, says RB’s The Bottom Line.

Financing

Mild hurricane season could be good for restaurants

By Jonathan Maze on Aug. 27, 2018

Despite Hurricane Lane, few Atlantic storms means the next three months will be a sales roller coaster, says RB’s The Bottom Line.

Financing

Muscle Maker Grill faces lawsuits over closed locations

By Jonathan Maze on Aug. 27, 2018

The fast-casual health food franchise has been closing restaurants since its failed IPO.

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