Restaurant Business Daily

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Financing

Gatti’s Pizza, Gigi’s Cupcakes file for bankruptcy protection

The company cites a heavy debt load and legal liabilities and is closing “several” locations.

Financing

J.H. Whitney Capital buys Firebirds Wood Fired Grill

The 48-unit polished-casual chain has been on a steady growth path.

The brisk pace of restaurant mergers and acquisitions is expected to continue into 2019, says RB’s The Bottom Line.

“Cash-strapped” franchisees say a lot is happening at once, without much return.

The company now has beer delivery in Florida, Iowa, Nebraska, North Carolina and Ohio as well as California and Arizona.

Traffic fell 5.4% in November as the industry continued losing customers.

The industry veteran will lead the newly named Rego Restaurant Group, which also operates Taco Del Mar.

The hiring came as the overall job market appears to be accelerating.

Luckin Coffee, which was founded in 2017, is poised to have 4,500 units in China by the end of this year, says RB's The Bottom Line.

The company is reportedly planning new Donut Sticks later this year in a bid to get back its breakfast steam.

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