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Financing

Papa John’s could face a lot more store closures

An analyst says the company’s sales keep falling, which could lead to more operator challenges, says RB’s The Bottom Line.

Financing

Robotic restaurant Spyce gets $21M

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

The bottom line for Barnes & Noble Kitchen is “awful,” the bookseller’s founder says.

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

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

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

But comparisons were easy and traffic remains down despite an improving economy.

The chain’s focus is still on meats, but with a kicker calling attention to its complete sandwich line.

Investors have speculated that JAB would buy the company, but it would likely require a record price, says RB’s The Bottom Line.

The company is serving several items from other countries in Florida.