Financing

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

Financing

Burger King and Popeyes will start reopening dining rooms

By Jonathan Maze on May 12, 2020

So will Tim Hortons as parent company Restaurant Brands International moves into the next phase of reopening.

Financing

Noodles delays fiscal report filing

By Heather Lalley on May 12, 2020

The fast-casual chain is pushing back its 10Q filing because of business interruption caused by COVID-19.

Financing

Bamboo Sushi, QuickFish parent declares bankruptcy

By Jonathan Maze on May 12, 2020

Sustainable Restaurant Holdings blamed the coronavirus for the move, which is intended to help the company find a buyer.

Financing

Uber is apparently trying to buy Grubhub

By Jonathan Maze on May 12, 2020

Multiple reports suggest the two big delivery providers are talking about a deal, which would be the first in an inevitable consolidation in the growing business, says RB’s The Bottom Line.

Financing

Luckin Coffee fires its top 2 executives after fraud investigation

By Jonathan Maze on May 12, 2020

The Chinese company terminated CEO Jenny Zhiya Qian and COO Jian Liu and suspended six more employees who knew of fabricated transactions.

Financing

Steak ‘n Shake has permanently closed 51 locations

By Jonathan Maze on May 11, 2020

The burger chain, which faces challenges refinancing its debt, has also temporarily closed 62 locations.

Financing

Potbelly makes a deal with an activist

By Jonathan Maze on May 11, 2020

The struggling sandwich chain has appointed two new members to its board in an agreement with a coalition of shareholders.

Financing

Why the downfall of Garden Fresh Restaurants is so maddening

By Jonathan Maze on May 08, 2020

The owner of Souplantation and Sweet Tomatoes was investing in units and planning an expansion. And then the coronavirus hit, says RB’s The Bottom Line.

Financing