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fine dining

Financing

Jean-Georges Restaurants nabs a $55M investment

The minority stake from The Howard Hughes Corporation will allow the operator of 40 high-end restaurants further its global expansion, according to an announcement.

Operations

Infighting threatens one of the country’s top-grossing independent operators, a lawsuit alleges

A partner in the group that owns Maple & Ash, Etta and others said his business associate is trying to force him out of the company and is putting its future at risk.

The steakhouse chain is ramping up development with plans to open five to seven new locations a year.

As workers return to their offices and the holiday season gets underway, restaurants in every segment are ramping up catering programs to feed increased demand.

The celebrated chef also renovated his NYC flagship, Restaurant Daniel, and has more projects in the pipeline.

Consumers gravitated toward higher-end, experience-driven restaurants as they celebrated this summer, but true white-tablecloth places are still feeling the pandemic pinch.

Savory Fund launches $1M contest for independent restaurants

The creator of Unique Deli and Morel was 62. He had a diverse collection of restaurants in the greater Detroit area.

The casual chain says its debt load is $220 million lighter, with no repayments due near-term.

The lifelong restaurateur was a kingpin of the local dining scene for half a century.

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