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The limitations of social distancing are turning restaurateurs into impresarios.
The eatertainment chain is gradually reopening units amid the pandemic, with reduced hours, fewer games and a scaled-down menu.
John Hockin, the new board member, is managing director of KKR, which holds more than 10% of the struggling eatertainment chain’s stock.
The struggling eatertainment chain said it will use the money to “strengthen its balance sheet.”
First Cheesecake Factory, then BJ’s Restaurants, now Dave & Buster’s. RB’s The Bottom Line looks at the latest trend in investing amid the coronavirus.
The food and games chain has a deal with Jefferies to sell up to $75 million in stock to strengthen a balance sheet damaged by the coronavirus shutdown.
The eatertainment chain, which has shuttered all stores due to COVID-19, has about 15 weeks’ worth of cash available.
The food and games chain put a cap on the percentage of shares investors can own following a steep drop in its share price.
Chuck E. Cheese and Dave & Buster’s face weeks without game-playing customers, which could be devastating.
Coleman was previously president of Del Frisco’s Grille.
These emerging chains are the growth vehicles to watch—the ones poised to be major industry players in the coming years.
Food trends and recipes to keep menus fresh
New restaurants and soon-to-open concepts worth monitoring
RB’s exclusive ranking of the highest-grossing independent restaurants
Peter Romeo highlights the moments restaurateurs miss at their own peril
Ideas from the field you may want to borrow