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Operations

Recent crises add to life-or-death struggles for black-owned restaurants

 By Heather Lalley and Joe Guszkowski on Jun. 05, 2020

Already facing systemic damages, Black-owned restaurants face challenges with the coronavirus shutdown and now looting and violence.

Leadership

How the restaurant industry won fixes in the PPP

 By Peter Romeo on Jun. 04, 2020

Newcomers to the process didn’t know the odds were against them.

Financing

Congress extends PPP spending deadline, lowers labor threshold

By Peter Romeo on Jun. 04, 2020

President Trump is expected to sign the fixes into law today—a day before the 8-week deadline for many restaurateurs.

Financing

John Chidsey brings his Burger King playbook to Subway

By Jonathan Maze on Jun. 04, 2020

Subway franchisees are pushing back against a Footlong sub promotion, much like Burger King operators fought a $1 Double Cheeseburger, says RB’s The Bottom Line.

Operations

Restaurants blow up their business models to thrive post-COVID

By Patricia Cobe on Jun. 04, 2020

Reinvention is the key to recovery for these independent operators.

Financing

Mercato Partners announces a new $90M restaurant investment fund

By Jonathan Maze on Jun. 04, 2020

Savory Fund I is designed to develop promising restaurant concepts, and has experienced operators on board to help guide the firm’s investments.

Financing

HopCat’s parent files for Chapter 11 bankruptcy

By Peter Romeo on Jun. 03, 2020

The chain's CEO warned that a "giant wave of bankruptcies" is likely to follow within his brand's home state of Michigan.

Financing

Luby’s puts itself and all its pieces up for sale

By Peter Romeo on Jun. 03, 2020

The cafeteria operator said it would entertain an offer for the whole company, but left open the possibility of piecemeal sales.

Financing

How to avoid buying a bad restaurant franchise

By Jonathan Maze on Jun. 03, 2020

This week’s edition of the RB podcast “A Deeper Dive” features Jeff Lefler, CEO of FranchiseGrade.com, to talk about the risks of buying a bad franchise.

Financing

Dunkin’ says its sales are improving

By Jonathan Maze on Jun. 03, 2020

The coffee pwoerhouse said same-store sales are up around lunchtime, but 650 of the chain’s stores are still closed.

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