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Financing

State of California orders Burgerim to refund franchise fees

By Jonathan Maze on Feb. 23, 2021

The state accused the fast-casual burger franchise of taking $57 million in franchise fees from 1,500 investors. The problems were detailed in an RB investigation last year.

Leadership

BurgerFi hires a COO

 By Heather Lalley on Feb. 22, 2021

Industry veteran Jim Esposito, formerly of Panera and Burger King, will lead operations at the better-burger brand.

Financing

Biden gives indies a bump in the PPP line

By Heather Lalley on Feb. 22, 2021

Restaurants and other businesses with fewer than 20 employees will be the only ones allowed to apply for relief funding for a two-week period starting Wednesday.

Food

Shake Shack is launching a series of (very) limited chef collaborations

By Heather Lalley on Feb. 22, 2021

The fast-casual burger chain is partnering with well-known chefs around the country for one-day rollouts of special menu items.

Food

Taco Bell, yes Taco Bell, is planning a chicken sandwich

By Jonathan Maze on Feb. 22, 2021

The Mexican fast-food chain will test the “Crispy Chicken Sandwich Taco” in Nashville and Charlotte next month.

Financing

Steak ‘n Shake avoids bankruptcy and sues its lender

By Jonathan Maze on Feb. 22, 2021

The burger chain, which was considering bankruptcy, has paid off its loan and then sued Fortress Investment Group for allegedly trying to take the company over.

Financing

Indies struggle to pay rent, even as chains get current

By Heather Lalley and Jonathan Maze on Feb. 19, 2021

New data suggests wide gaps in the ability to pay between independent restaurants and their chain counterparts.

Financing

Jack in the Box just had its best quarter in 27 years

By Jonathan Maze on Feb. 19, 2021

Customers flush with stimulus cash ordered more premium items, pushing same-store sales up 12.5%.

Financing

Virtual brands’ big risk: Dine-in service comes back

By Jonathan Maze on Feb. 19, 2021

With so many virtual brands now occupying excess kitchen space at casual-dining restaurants, RB’s The Bottom Line wonders what happens when dine-in customers return.

Technology

Chartwells brings ghost kitchens to colleges nationwide

By Kelsey Squire on Feb. 19, 2021

The foodservice management company hopes to offer students more variety and convenience as it ramps up the program.

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