Shari's Cafe and Pies

Financing

MGG Investment Group invests in Shari's Restaurants

The investment firm invested in the chain’s 42 Oregon locations, where the restaurants operate video lottery games.

Food

Fall promotions energize menus

Taste Tracker: Bacon sizzles at Nathan’s, Moe’s supersizes a burrito and Golden Chick celebrates state fairs.

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 CEO of Shari’s discusses efforts to turn around the struggling chains, following a summertime acquisition.

The two brands were quietly sold over the summer.

More than half of the restaurant industry’s $491 billion in sales come from the Top 500 chains. And these giants grew at a modestly stronger rate, both in terms of sales and store counts, than the industry overall. Restaurant Business focused on the leading 250 performers to identify trends for our first-ever special report delivering lessons from Technomic’s annual Top 500 Chain Restaurant Report. This special package includes lessons for all operators from the largest chains by segment, menu category and more.

It serves signature pies and family-style cuisine 24 hours a day

While some of the legacy brands (such as IHOP and Bob Evans) saw declines, Technomic Chief Insights Officer Darren Tristano expects breakfast-and-lunch concepts to keep growing.

A Pacific Northwest chain serving all-day breakfast and a range of pies 24 hours a day