facebook pixal

Financing

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

Financing

Papa Gino’s blames debt, minimum wage and competition for bankruptcy

The company, which also owns D’Angelo Grilled Sandwiches, said shifting consumer tastes means it needs fewer locations.

Financing

Papa Gino’s, D’Angelo parent company declares bankruptcy

PGHC Holdings closed 95 locations and has a sale agreement with Wynnchurch Capital.

Despite a trend toward industry consolidation, CEO Ritch Allison says the company has enough growth on its own, says RB’s The Bottom Line.

The company said that its sales growth has continued into the fourth quarter, sending shares to new highs.

The economy as a whole added 250,000 jobs in the month and wage rates increased.

The fundraising round would reportedly give the company a $2.25 billion valuation.

Companies such as McDonald’s and Starbucks are still losing customers, and inflation is one reason, says RB’s the Bottom Line.

Steve Ritchie and others would get paid if they lose their jobs following a sale, says RB’s The Bottom Line.

The merger will create the latest multibrand restaurant company.

Operators are major brand investors. Their views should be taken into account at the corporate level, says RB’s The Bottom Line.

  • Page 224