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Financing

Technomic: State of the industry 2016

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Fresh Acquisitions, which filed for bankruptcy earlier this year, has a new potential buyer in Serene Investment Management after a judge killed a previous sale.

Parent company Rave Restaurant Group continues to close units as sales keep declining at its fast-casual and buffet brands.

Jenkins, who helmed the eatertainment brand through the depths of the pandemic to a record-setting quarter, will stay on as an advisor with the chain until the end of November.

The sandwich giant says its sales are the best it’s had in years following its brand refresh and new ad campaign but the numbers show some stores are still far behind.