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OPINIONFinancing

Consumers are back to spending more at restaurants than at grocers

The industry made a complete recovery from the pandemic, according to the latest retail sales data, but some of it is coming from prices, says RB’s The Bottom Line.

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Financing

Sweetgreen and Shake Shack still have an urban problem

The Bottom Line: Both companies appear to be getting traction in the suburbs. But they have a big foot in slow-to-recover urban areas.

Financing

Ruby Tuesday founder’s SPAC prepares to wind down

The Bottom Line: Fast Acquisition will redeem all its shares later this month after a previous deal with Tilman Fertitta fell through, but not before a shareholder files a lawsuit.

Marketing

At Ruby Slipper, it's weekend brunchtime every day

The 22-unit New Orleans-themed operation promises a midday party seven days a week. And it serves breakfast and lunch, too.