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Financing

How your restaurant sales and profits compare to competitors' and what you can do to improve financial performance

Financing

Despite pandemic, Wingstop reports same-store sales jump of nearly 10%

Preliminary sales results show the wing chain was well-prepared to pivot to a completely off-premise operation.

Financing

Roark Capital raises another $1.4B

The Atlanta-based private-equity firm, which has invested in numerous restaurants, has a new fund.

Financing

As demand for disaster loans soars, so does frustration

By Jonathan Maze on Apr. 07, 2020

Banks quickly took massive numbers of applications as small businesses sought federal help to get them through the coronavirus shutdown.

Financing

Off-premise soars, but Olive Garden’s same-store sales drop 59.7%

By Peter Romeo on Apr. 07, 2020

Parent company Darden Restaurants' fine-dining group saw steeper declines as dine-in sales plunged.

Financing

Tilman Fertitta offers to pay 15% interest on a ‘lifeline’ loan, report says

By Peter Romeo on Apr. 07, 2020

The billionaire concept collector is also sinking another $50 million of his own money into his hospitality empire.

Financing

At McDonald's, labor pressure intensifies as coronavirus spreads

By Jonathan Maze on Apr. 06, 2020

Workers staged a walkout and filed complaints after an employee became sick.

Financing

Papa Murphy’s owner MTY Group cuts staff as restaurants close

By Jonathan Maze on Apr. 06, 2020

The Canadian-based brand collector, which operates Cold Stone Creamery and Pinkberry, among many others, has temporarily closed 2,100 locations.

Financing

TGI Fridays’ $380M deal is called off

By Peter Romeo and Jonathan Maze on Apr. 06, 2020

Allegro Merger Corp., citing “extraordinary” conditions, opted not to merge with the bar and grill chain.

Financing

Independent restaurant group asks Congress for more help to save restaurants

By Patricia Cobe on Apr. 06, 2020

The Independent Restaurant Coalition is asking for more assistance, saying the CARES Act doesn't go far enough to keep operators afloat.

Financing

What each state is doing to help restaurants harmed by COVID-19

By Joseph Guszkowski and Kristina Peters on Apr. 03, 2020

Many are loosening liquor laws and extending tax deadlines, and some are offering low- or no-interest loans or grants. See what forms of assistance are available in your state.

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