Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 368
Financing

Restaurant chains have a Texas-sized challenge

El Pollo Loco, Pollo Tropical and Del Taco all struggle in the Lone Star State.

Financing

Muscle Maker Grill wants to raise $20 million in ‘mini IPO’

After an SEC qualification, the fast-casual health food chain is selling stock to raise cash for new locations and marketing.

An activist says the company erred in hiring a new CEO during a strategic review.

The company’s board says the higher offer from The Boaz Group was “highly conditional.”

The deal gives the seafood QSR chain its third private-equity owner in four years.

The company’s shareholders are investing $25 million into the brand as it plans to start offering $4.99 Footlong subs.

A BDO report says sales weakness and higher wages put a crimp in chains’ profits.

The theater-restaurant chain plans to use funds to open new locations.

An analyst suggests the chain could be a fetching target, but a deal would be costly.

Parent company Einstein Noah Restaurant Group cited “financial performance” as the reason for the closures.

Aggressive development has hurt the companies’ same-store sales, leading to more closures.

Five Latina employees of a location in the Boston area claim a “sexually offensive work environment.”

  • Page 368