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Financing

These restaurant chains could all go public soon

 By Jonathan Maze on May 14, 2021

Sweetgreen is the latest chain reportedly considering an initial public offering. Dutch Bros and Torchy’s are both considering a similar move and Krispy Kreme has already filed, says RB’s The Bottom Line.

Operations

Restaurants caught off-guard by CDC's new mask guidance

 By Heather Lalley on May 14, 2021

"We're pretty much bound to piss off someone," one Seattle operator said, mulling whether her establishments should still require masks.

Consumer Trends

Casual dining roars back, but will the upswing continue?

By Peter Romeo on May 13, 2021

The segment's strong April is attributed to both short-term and long-term factors, with plenty of uncertainty sprinkled in.

Financing

Subway franchisees expect several thousand more closures

By Jonathan Maze on May 13, 2021

Many of the sandwich chain’s operators are simply waiting for their leases to end so they can walk away, some operators say. RB’s The Bottom Line examines why.

Financing

Starboard Value takes some equity out of its Papa John’s investment

By Jonathan Maze on May 12, 2021

The investment fund, which bought $250 million in preferred shares two years ago, is selling some of them back for $184 million, says RB’s The Bottom Line.

Financing

Subway franchisees want their royalty payments cut

By Jonathan Maze on May 12, 2021

A group of operators is asking the company’s shareholders to cut its franchise fees to 4.5% from 8%. Its royalties are higher than other sandwich chains.

Operations

Blaze Pizza adjusts to running two restaurants in one

By Heather Lalley on May 12, 2021

The fast casual, which did the majority of its business in-restaurant before the pandemic, is navigating the new reality amid a tight labor market.

Operations

Building restaurants is getting more expensive

By Heather Lalley on May 11, 2021

Construction materials are seeing unprecedented price increases and supply chain delays, and restaurants are starting to feel the pinch.

Financing

Court keeps restaurants’ hopes alive on collecting from insurer

By Peter Romeo on May 10, 2021

A federal judged ruled that losses as well as damages could be covered by a business-interruption policy.

Financing

At Steak n Shake, lower revenue and fewer stores but more profits

By Jonathan Maze on May 10, 2021

The burger chain, which avoided bankruptcy after its parent company repaid its debt, saw revenues decline while many stores remain closed.

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