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Financing

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

Financing

Papa Murphy’s owner MTY Group cuts staff as restaurants close

 By Jonathan Maze on Apr. 06, 2020

The Canadian-based brand collector, which operates Cold Stone Creamery and Pinkberry, among many others, has temporarily closed 2,100 locations.

Financing

TGI Fridays’ $380M deal is called off

 By Peter Romeo and Jonathan Maze on Apr. 06, 2020

Allegro Merger Corp., citing “extraordinary” conditions, opted not to merge with the bar and grill chain.

Financing

Asset-light business models face an awful future

By Jonathan Maze on Apr. 03, 2020

Restaurants spent too many years loading up on debt and dumping assets, and now those decisions are coming home to roost, says RB’s The Bottom Line.

Financing

What each state is doing to help restaurants harmed by COVID-19

By Joe Guszkowski and Kristina Hurtig on Apr. 03, 2020

Many are loosening liquor laws and extending tax deadlines, and some are offering low- or no-interest loans or grants. See what forms of assistance are available in your state.

Financing

Restaurant employment plunges as coronavirus shutdown takes hold

By Jonathan Maze on Apr. 03, 2020

New federal data shows more than half of job losses last month, though it doesn’t reflect late-month layoffs.

Financing

Cinnabon, Auntie Anne’s parent company lays off workers

By Jonathan Maze on Apr. 02, 2020

Focus Brands, which also owns Jamba, McAlister’s Deli and several other brands, is offering relief pay and deferring or waiving franchisees’ fees.

Financing

McDonald’s is adding masks and protective barriers as its coronavirus steps evolve

By Jonathan Maze on Apr. 02, 2020

The chain is taking extra precautions to protect workers and employees, prioritizing hot spots.

Financing

Fast-growing Luckin Coffee admits to a massive fraud

By Jonathan Maze on Apr. 02, 2020

The tech-centric coffee chain out of China said it fabricated some of its transactions last year.

Financing

Dine Brands stockholders to vote on spinning off IHOP

By Peter Romeo on Apr. 02, 2020

The Applebee's parent has a proxy resolution calling for the company's two brands to be split.

Financing

Vapiano says it’s filing for bankruptcy

By Jonathan Maze on Apr. 02, 2020

The German chain, which has six locations in the U.S., had said the coronavirus made it insolvent.

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