Financing

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

Cosi makes a last-ditch effort to save itself

The fast-casual chain had its bankruptcy case dismissed so it could apply for the Restaurant Revitalization Fund, its “only realistic hope" to survive.

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Week One of the $29B Restaurant Revitalization Fund: $2B awarded

Initial grants averaged $125,000, draining the fund by about 7%. Industry officials have voiced fears that the pool will run dry in a matter of weeks.

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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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Shareholder groups question differential treatment for McDonald’s former CEO

By Jonathan Maze on May 10, 2021

CtW Investment Group, California Public Employees Retirement System and others argue the company let Steve Easterbrook walk away with millions even as its former chief people officer was fired.

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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.

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Earnings roundup: Chuy's, El Pollo Loco, Ruth's Chris, Good Times, Bad Daddy's

By Peter Romeo and Heather Lalley on May 07, 2021

Smaller publicly owned chains had a more mixed Q1 and April than many of their larger counterparts.

Financing

As corn prices rise, food costs could follow

By Jonathan Maze on May 07, 2021

Rising corn prices could lead to higher costs for chicken and beef in the near future, furthering supply chain challenges as labor costs continue to rise.

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