News

McMenamins looks for $20M equity infusion

By Peter Romeo on May 20, 2020

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.

Operations

As restaurant workers sue over COVID-19 protections, pressure builds for shielding employers

By Peter Romeo on May 20, 2020

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

Financing

What pandemic? Chipotle’s stock keeps surging

By Jonathan Maze on May 20, 2020

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

Financing

The pandemic cut restaurant sales in half

By Jonathan Maze on May 19, 2020

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.

Operations

Chuck E. Cheese’s will look a lot different once it reopens

By Heather Lalley on May 19, 2020

Temperature checks, prepackaged salads, fewer games and no strolling mascots are among some of the changes planned by the struggling eatertainment chain.

Financing

Potbelly expresses concern over its future as a company

By Heather Lalley on May 19, 2020

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.

Financing