OPINIONFinancing

Private equity snaps up another major restaurant chain

The Bottom Line: Blackstone is buying Jersey Mike’s. Early reaction to the deal says a lot about the reputation of private-equity firms right now.

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Most consumers now consider convenience stores viable alternatives to fast food

The Bottom Line: More than half of U.S. consumers now believe convenience-store prepared food is a good alternative to quick-service chains. Did value drive that change?

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It was an ugly quarter for the fast-food business

The Bottom Line: The sector leads the list of losers from the third quarter, as consumers largely shifted spending to other restaurants or just stayed home.

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Starbucks' year to forget

The Bottom Line: It’s been a full year since the coffee shop giant’s sales fell off a cliff. Here’s a look back at just how bad that year has been and a key lesson for the company and just about anyone else.