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Operations

A year after getting a new owner, Punch Bowl Social tries to get back in the game

The once buzzed-about food-and-games chain, which declared bankruptcy early in the pandemic after scoring a big Cracker Barrel investment, is working to recapture its lost momentum.

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Financing

The market cools off for restaurant acquisitions

The Bottom Line: Inflation concerns and margin pressures haven’t just hurt stocks. The market for restaurant deals has slowed to a crawl as sellers wait until things improve.

Financing

Why rising interest rates are unlikely to slow restaurant expansion

Borrowing costs are increasing as the Federal Reserve looks to slow inflation. But they seem unlikely to slow the industry’s growth.

Financing

Why a familiar name could be a candidate for the Starbucks CEO job

The Bottom Line: Bloomberg suggested that one of the chain’s directors could take the position, including former Domino’s CEO Ritch Allison and former McDonald’s CMO Mary Dillon.