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Financing

Fogo de Chao is going public again

 By Joe Guszkowski on Nov. 17, 2021

The 60-unit Brazilian steakhouse chain filed for an IPO on Wednesday, three years after being taken private. It reported strong unit economics coming out of the pandemic.

Financing

How operators can navigate twin inflationary waves

 By Jonathan Maze on Nov. 17, 2021

A Deeper Dive: Jim Balis, managing director with CapitalSpring, joins this week’s episode to talk about overcoming labor and commodity inflation.

Financing

Fogo de Chao roared back from the pandemic and into an IPO

By Joe Guszkowski on Nov. 17, 2021

Customers apparently couldn’t wait to get back to the Brazilian steakhouse chain this year, resulting in eye-popping sales growth.

Marketing

RB’s 2021 Restaurant Holiday Gift Guide

By Jonathan Maze on Nov. 17, 2021

Pajamas, vodka and lip balm. Chains have everything for that restaurant lover on your gift list.

Operations

Shake Shack CEO: We need to be an ‘omnichannel’ brand

By Heather Lalley on Nov. 17, 2021

The fast casual, which opens its first-ever drive-thru next month, continues to build out its digital channels and other ordering options after the pandemic upended its dine-in-focused operating model.

Workforce

Legal challenges to Biden's vaccine mandate intensify

By Peter Romeo on Nov. 17, 2021

On one front, industry groups and state attorneys general are suing to block the measure. On another, unions are suing to expand the scope to smaller businesses. Other stakeholders say the situation is too fluid to halt preparations.

Financing

As the supply chain slows, demand for aftermarket equipment takes off

By Jonathan Maze on Nov. 17, 2021

More restaurants are looking at used and refurbished fryers and coolers amid shipping delays and to save on the cost of buildout.

Marketing

Chains jump on Friendsgiving marketing opportunities

By Heather Lalley on Nov. 16, 2021

With vaccines readily available and growing comfort around holiday gatherings, restaurant chains are launching promotions for informal, non-traditional celebrations. Red Lobster biscuit stuffing, anyone?

Marketing

Why Domino’s gave out gift cards to local restaurants

By Jonathan Maze on Nov. 16, 2021

Operators in several markets handed them out to random delivery customers as part of the company’s effort to highlight high fees for third-party delivery.

Financing

Los Angeles County launches program to pay overdue rents

By Peter Romeo on Nov. 16, 2021

Restaurants and other small businesses in unincorporated areas can apply for grants of up to $40,000.

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