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Financing

Jacobs Douwe Egberts to merge with Peet’s and explore an IPO

 By Jonathan Maze on Dec. 17, 2019

JAB Holding believes the merger would create a global coffee and tea powerhouse and expects an offering next year.

Food

Taco Bell beefs up its value menu

 By Jonathan Maze on Dec. 17, 2019

The chain is expanding its dollar menu with the return of $1 Double Stacked Tacos.

Financing

Granite City’s parent files for bankruptcy, blaming e-commerce, delivery

By Peter Romeo on Dec. 17, 2019

The company, which also runs Cadillac Ranch, has already closed seven units and says it has a “stalking horse” bidder willing to pay $7.5 million for the 29-restaurant operation.

Financing

Hundreds of Jack in the Box locations are losing money

By Jonathan Maze on Dec. 17, 2019

A lot of the brand’s locations had negative operating income in 2018, and the problem is concentrated in a surprising state, says RB’s The Bottom Line.

Financing

Ark Restaurants posts Q4 loss, citing higher labor costs

By Peter Romeo on Dec. 17, 2019

Results were also negatively affected by New York City’s massive Hudson Yards complex, the multiconcept operator said.

Leadership

3 top executives are leaving Subway

By Jonathan Maze on Dec. 17, 2019

The chain’s longtime chief development officer and chief financial officer are retiring amid sweeping changes in company management.

Leadership

Bob Kinkead dies

By Peter Romeo on Dec. 16, 2019

The influential chef and restaurateur left his stamp on fine dining and influenced many of D.C.'s chefs.

Financing

Muscle Maker sets terms for its IPO

By Jonathan Maze on Dec. 16, 2019

The struggling healthy fast-casual franchise wants to raise as much as $7 million at $5 to $7 per share.

Financing

Customers are still abandoning malls

By Jonathan Maze on Dec. 16, 2019

Several retailers say their mall traffic is declining, and restaurant sales are going with them, says RB’s The Bottom Line.

Marketing

Weekend defibrillator report: Soused Santas and other restaurant shockers

By Peter Romeo on Dec. 13, 2019

Here are some sleeper stories that could get hearts beating faster.

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