Sizzler sues the SBA to get access to PPP funds
The steak-and-salad bar chain, which emerged from bankruptcy in January, argues that the agency is improperly putting a hold on its Paycheck Protection Program application.
For Sizzler, the pandemic proved too much to handle
The steakhouse chain and its popular salad bar declared bankruptcy to renegotiate leases, but its challenges run deeper, says RB’s The Bottom Line.
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.