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Financing

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

Financing

Just Eat to acquire Grubhub in major global delivery shakeup

 By Jonathan Maze on Jun. 10, 2020

The $7.3 billion deal will create the largest online food delivery company outside of China.

Financing

Starbucks plans to speed its development of takeout-only stores

 By Jonathan Maze on Jun. 10, 2020

The coffee giant plans to close up to 400 locations and replace them with new types of stores in different locations, while the pandemic has cost the chain $3 billion in revenues.

Financing

With sales down 61%, J. Alexander’s reconsiders delivery

By Peter Romeo on Jun. 10, 2020

The polished casual dining chain is testing the service, potentially ending a long-held prohibition.

Financing

Sales at KFC and Pizza Hut soared last month

By Jonathan Maze on Jun. 10, 2020

The two brands each posted multi-year sales marks last month as consumers readjusted to pandemic dining.

Financing

What will a more remote workforce do to restaurants?

By Jonathan Maze on Jun. 10, 2020

Many concepts, like Starbucks and McDonald’s, were developed on commuting patterns. A more remote workforce would upend those assumptions, said RB’s The Bottom Line.

Financing

Chili’s pays all its rents, with cash left over for debt service

By Peter Romeo on Jun. 09, 2020

Sales at the 873 units with reopened dining rooms have risen to within 10.8% of the year-ago level, parent Brinker International says.

Financing

These restaurant chains have declared bankruptcy due to the coronavirus

By Joe Guszkowski on Jun. 08, 2020

They could be “the tip of the iceberg,” as one CEO warned.

Financing

What will happen to restaurants when the rent comes due?

By Jonathan Maze on Jun. 08, 2020

Some executives think the third quarter could become a “bloodbath” for some restaurant chains as landlords demand rent, says RB’s The Bottom Line.

Financing

BurgerFi to go public after proposed merger with Opes Acquisition Corp.

By Jonathan Maze on Jun. 08, 2020

The fast-growing burger chain has a non-binding letter of intent to merge with the blank-check company.

Financing

Struggling Chuck E. Cheese parent gives its executives bonuses

By Heather Lalley on Jun. 08, 2020

The eatertainment chain, hit hard by the coronavirus crisis, is talking to lenders about raising money to stave off a bankruptcy filing, according to a media report.

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