Ruth's Chris

Financing

Ruth's Chris looks for new financing after giving back PPP loans

The chain's parent company is currently discussing alternative options with identified parties.

Financing

Ruth’s Chris to return its PPP loans as feds update the rules

New federal guidance could require big, publicly traded companies to return their Paycheck Protection Program funds.

The relief funds have flowed to operations such as Ruth’s Chris and Potbelly.

Staffs have been furloughed, salaries have been cut, and cash has been pooled.

The three dozen chains participating in the ICR Conference provided plenty of aha moments. Here’s a sampling of the surprising tidbits that were aired.

The steakhouse chief took a different approach to highlighting her charge’s strategy. Gather around to hear the account.

At a time of free-falling traffic for the industry, the smaller casual brands relied largely on pricing to improve results.

Increasing traffic is still a challenge in casual dining, as these three brands showed in their most recent financial results.

Get Top 500 data: sales, units and YOY change, average unit volume, and company/franchise units, as well as Technomic’s analysis, growth forecast and more.

The math is simple: A strong economy = strong steakhouse business.

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