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Financing

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

Financing

Roark Capital sells its stake in Naf Naf Grill

 By Heather Lalley on Mar. 17, 2021

Fast-casual chain Naf Naf Grill has parted ways with investor Roark Capital, the restaurant announced Wednesday.

Financing

Cicis Pizza quickly emerges from bankruptcy with new owners

 By Jonathan Maze on Mar. 16, 2021

The pizza buffet chain, now owned by a group of operators turned brand owners, closed a quarter of its locations.

Financing

Restaurant sales are showing recovery even before the stimulus hits

By Jonathan Maze on Mar. 16, 2021

Black Box Intelligence data show sales continue to improve, but data from February show the industry has a long way to go for a full recovery.

Financing

White Castle is not acting its age

By Jonathan Maze on Mar. 16, 2021

The burger chain has shown that it can still draw a crowd after 100 years, thanks to it willingness to take risks without sacrificing core items that have earned it some loyal customers.

Financing

Torchy’s Tacos is apparently looking at an IPO

By Jonathan Maze on Mar. 15, 2021

The fast-casual taco chain has reportedly hired bankers to explore a public offering despite the presence of a half-dozen blank-check companies, said RB’s The Bottom Line.

Financing

Tim Hortons is investing millions to ‘supercharge’ marketing

By Jonathan Maze on Mar. 15, 2021

The company is investing $64 million to highlight improvements to its menu and digital strategy and is increasing franchisees’ ad fund contributions.

Financing

The Simple Greek to be acquired by the parent company of Saladworks

By Heather Lalley on Mar. 12, 2021

The Simple Greek fast-casual chain is being acquired by multi-concept operator WOWorks, which also owns Saladworks and Garbanzo Mediterranean Fresh.

Financing

Breaking down MrBeast Burger’s first 1 million burgers

By Joe Guszkowski on Mar. 12, 2021

The popular virtual concept hit the milestone this week after a little under three months in business. So how big is MrBeast really?

Financing

There may be too many restaurant SPACs

By Jonathan Maze on Mar. 12, 2021

Steve Salis, founder of Ted’s Bulletin owner Salis Holdings, has founded the special purpose acquisition company Sizzle. Restaurant Business Editor-in-Chief Jonathan Maze wonders if there are too many buyers and too few sellers.

Financing

Get ready for a big spring

By Jonathan Maze on Mar. 12, 2021

Stimulus payments, easing restrictions, vaccinations—and easy comparisons—could make for remarkably strong sales over the next two months, says Restaurant Business Editor-in-Chief Jonathan Maze.

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