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Stefan Boyd also previously served as CFO of Le Pain Quotidien.

The fast-casual chain, formerly known as Noon Mediterranean, filed for bankruptcy last year and was bought by Elite Restaurant Group.

RB’s The Bottom Line examines why investors are suddenly flocking to distressed restaurant concepts.

The brisk pace of restaurant mergers and acquisitions is expected to continue into 2019, says RB’s The Bottom Line.

A challenging year brought fundamental shifts in the market and a white-elephant sale of troubled concepts.

The company plans to close four underperforming locations.

Despite low unemployment, real wages simply haven’t grown all that much, says RB’s The Bottom Line.

Honeygrow, which has received $70 million from investors since it was founded in 2012, is pausing its ambitious expansion.

Weak traffic, high costs and growing competition have taken their toll on chains.

The group is eyeing two other restaurant acquisitions in coming months, according to its president.