Financing
Layoffs and sales declines hit Noodles & Co. last quarter
But CEO Drew Madsen sees signs of a turnaround, as sales and traffic turned positive in April while the chain works on menu and operations improvements.
Operations
Panera Bread cuts 17% of corporate staff in preparation for planned IPO
The fast-casual chain is streamlining operations as its parent company plans to go public. This is the latest step.