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Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 228
Financing

Bamboo Sushi, QuickFish parent declares bankruptcy

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

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Burger King and Popeyes will start reopening dining rooms

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

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Potbelly makes a deal with an activist

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

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Steak ‘n Shake has permanently closed 51 locations

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

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Papa John’s removes the guardrails and takes off

The chain took some big risks with delivery and its menu, and as consumers stayed home, its sales flourished.

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Why the downfall of Garden Fresh Restaurants is so maddening

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.

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The pandemic has cost restaurants 5.9 million jobs

The industry lost three decades’ worth of employees in just six weeks as states closed dining rooms and restaurants closed their doors and laid-off workers.

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The owner of Souplantation and Sweet Tomatoes plans to declare bankruptcy

Garden Fresh Restaurants has hired bankruptcy counsel and says it sees “no way to operate” given FDA recommendations that buffets not open.

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Mexican restaurants did record business on Cinco de Mayo

Consumers flocked to local and chain restaurants to get tacos as the holiday landed on a Taco Tuesday, overwhelming some operators.

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Fast-food chains take a cautious approach to reopening

With plenty of business through their drive-thrus, chains such as Chick-fil-A, Del Taco and Wendy’s are in no hurry to reopen dining rooms.

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Big Burger King franchisee Carrols sees some dramatic improvement

Store closures, cost cuts and rising sales are putting the operator on a path toward positive cash flow.

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How landlords view the future of restaurants

This week’s edition of “A Deeper Dive” features Jeff Brand, founder of real estate developer and broker Brand Partners.

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