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Krystal Company

Financing

Bankrupt Krystal is being sold to one of its lenders

A bankruptcy court has approved the sale of the burger chain to Fortress Investment Group.

Financing

Restaurant chains have no room for error

Bankruptcy filings by Bar Louie, Krystal and American Blue Ribbon all reflect the industry’s competitive and operational challenges, says RB’s The Bottom Line.

Financing

Why struggling chains turn to franchising

By Jonathan Maze on Jan. 22, 2020

As chains such as Steak ‘n Shake and Krystal faced mounting financial problems, they looked to refranchising as a solution, says RB’s The Bottom Line.

Financing

Shrinking Krystal files for bankruptcy

By Jonathan Maze on Jan. 21, 2020

The fast-food burger chain has gone into debt protection with $65 million in debt and closing units, says RB’s The Bottom Line.

Leadership

Another Broken Egg gets a new CEO

By Peter Romeo on Nov. 22, 2019

The Beekman Group has hired Paul Macaluso, an alumnus of Krystal, McAlister’s and Taco Bell, to spearhead the brand’s growth.

Leadership

Krystal shakes up its leadership team

By Jonathan Maze on Nov. 14, 2019

The burger chain has named Tim Ward president and Bruce Vermilyea CFO, while CEO Paul Macaluso leaves.

Financing

Krystal to sell as many as 150 locations to franchisees

By Jonathan Maze on Oct. 31, 2019

The burger chain is refranchising locations in several states to spur growth.

Food

7 treats sweetening summer menus

By Patricia Cobe on Jul. 30, 2019

Operators are tempting customers with cool sweets to lick, sip and spoon up.

Marketing

Krystal’s all-you-can-eat offer has apparently been a big hit

By Jonathan Maze on Jul. 18, 2019

The company said it drove more traffic and even shifted consumer habits. And now it’s extended the offer for another month.

Marketing

Krystal rolls out all-you-can-eat deal

By Heather Lalley on Jun. 18, 2019

The quick-service chain is offering unlimited original burgers and fries for $5.99 for a limited time.

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