News

Financing

Fast-food sales make a comeback, thanks to the drive-thru

As customers have ventured outside again, they have gravitated toward quick-service restaurants, in many cases leading to a quick recovery.

Financing

McMenamins looks for $20M equity infusion

Proceeds from the private stock sale will be used to offset COVID-19-related debt and fund the addition of more history-laced pubs and attractions.

Operators and Republican leaders are pushing for protections against liability suits.

The stock closed Tuesday above $1,000 for the first time and then just kept going, says RB’s The Bottom Line.

The former Hilton executive, who took the job two weeks before the pandemic hit, leans on his hotel experience, and sees parallels between the two industries.

Chuck E. Cheese’s delivery-only offshoot made waves on social media, but it’s far from the first chain to go undercover on third-party apps.

The struggling sandwich chain included a going concern warning in its financial filing, noting that it likely will not be able to comply with its credit agreement and may not survive the year.

The sandwich giant said it had to “accelerate a restructuring plan” already in place.

Nasdaq notified the troubled coffee giant that it would be delisted, and the company plans to appeal.

Industry sales hit a 15-year low in April, according to new federal data. RB’s The Bottom Line says that a full recovery could take years.

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