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Financing

With Congress deadlocked, California passes its own small-business aid package

 By Peter Romeo on Sep. 10, 2020

Measures enacted exclude PPP funds from income calculations and extend $1,000 credits for new hires.

Leadership

BJ's gives headquarters staff stock to offset lost pay

 By Peter Romeo on Sep. 10, 2020

Salaries are being reinstated to pre-COVID levels, and an investor will still monitor board discussions despite a shareholder vote.

Consumer Trends

Restaurants' stand to gain $1B from NFL's Week 1

By Peter Romeo on Sep. 10, 2020

A new survey shows that the exclusion of fans from most stadiums will be a boon to takeout and delivery.

Operations

Starbucks introduces its strawless lids in the U.S.

By Jonathan Maze on Sep. 10, 2020

The chain, which is phasing out the use of plastic straws, is now making available recyclable strawless lids.

Technology

Ghost kitchen company founded by ex-Uber staffers raises $20M

By Joe Guszkowski on Sep. 09, 2020

The investment in Virtual Kitchen Co. is another sign of growth for the delivery-only facilities.

Food

Sweetgreen wants to nudge customers out of their comfort zones

By Heather Lalley on Sep. 09, 2020

The fast casual is launching Collections, a selection of curated, digital-only menu offerings designed to get diners to veer from their go-to dishes.

Marketing

You can now buy a Chicken McNugget pillow from Travis Scott

By Jonathan Maze on Sep. 09, 2020

The item is one of many McDonald’s-themed products available on Scott’s website as part of the artist’s partnership with the chain.

Financing

Chuck E. Cheese’s owner gets a $200M lifeline

By Jonathan Maze on Sep. 09, 2020

Owner CEC Entertainment received the OK to get financing that will carry it through the bankruptcy process.

Operations

'Joint employer' threat to franchising is back

By Peter Romeo on Sep. 09, 2020

A federal court has overturned the definition favored by restaurant franchisors and franchisees, effectively reinstating the standard they bitterly opposed.

Financing

How the pandemic is changing restaurant finance

By Jonathan Maze on Sep. 09, 2020

Mark Wasilefsky, head of franchise finance for TD Bank, joins the RB podcast “A Deeper Dive” to discuss COVID-19’s impact on financing.

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