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Financing

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

Financing

Restaurants are rethinking their costs during the pandemic

 By Jonathan Maze on May 20, 2020

This week’s episode of "A Deeper Dive" features Neal Sherman, founder of restaurant equipment reseller TagEx Brands.

Financing

McMenamins looks for $20M equity infusion

 By Peter Romeo on May 20, 2020

Proceeds from the private stock sale will be used to offset COVID-19-related debt and fund the addition of more history-laced pubs and attractions.

Financing

Potbelly expresses concern over its future as a company

By Heather Lalley on May 19, 2020

The struggling sandwich chain included a going concern warning in its financial filing, noting that it likely will not be able to comply with its credit agreement and may not survive the year.

Financing

Luckin Coffee gets a delisting notice

By Jonathan Maze on May 19, 2020

Nasdaq notified the troubled coffee giant that it would be delisted, and the company plans to appeal.

Financing

The pandemic cut restaurant sales in half

By Jonathan Maze on May 19, 2020

Industry sales hit a 15-year low in April, according to new federal data. RB’s The Bottom Line says that a full recovery could take years.

Financing

Subway lays off another 150 workers

By Jonathan Maze on May 19, 2020

The sandwich giant said it had to “accelerate a restructuring plan” already in place.

Financing

As restaurants struggle, distributors face their own challenges

By Jonathan Maze on May 18, 2020

Giant food distributors that had built their business by serving local concepts now face major changes to their own industry.

Financing

How Freddy’s Frozen Custard & Steakburgers survived the pandemic

By Jonathan Maze on May 18, 2020

The fast-growing burger chain generated long lines with new openings and cut its service times down.

Financing

The owner of Souplantation and Sweet Tomatoes files for Chapter 7 bankruptcy

By Jonathan Maze on May 15, 2020

Garden Fresh Restaurants opts for liquidation rather than reopening its buffet-centric restaurants due to coronavirus restrictions.

Financing

Will fast-food chains keep recent sales growth?

By Jonathan Maze on May 15, 2020

Quick-service concepts are suddenly doing OK as consumers adjust to new routines. RB’s The Bottom Line examines whether it’s sustainable.

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