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Former Rave Restaurant Group CEO Scott Crane is suing the operator for breach of contract and more, saying he was promised hundreds of thousands of shares of stock he never received.
Rave Restaurant Group is in danger of being removed from Nasdaq listings because its stock is trading below $1 per share.
Publicly traded chains had a surprisingly positive year in 2020, thanks almost entirely to limited-service concepts, says RB’s The Bottom Line.
These chains, which had largely relied on dine-in business before the crisis, are playing catch-up with quick-service brands.
Parent company Rave Restaurant Group said its Q1 revenue fell more than 65% year over year.
Rave Restaurant Group, which was in danger of being removed from Nasdaq, reports it earned enough from a recent stock sale to regain compliance.
Rave Restaurant Group’s latest financial update paints a bleak picture for Pie Five and sister brand Pizza Inn.
Rave Restaurant Group could be removed from Nasdaq if it is unable to comply with the stock exchange’s financial rules.
Brandon Solano said his turnaround experience can help right the struggling brand.
The fast-casual pizza chain continues to shrink as sales fell for the 18th consecutive quarter. Sister chain Pizza Inn also saw sales decline.
See the full ranking of the Top 100 concepts, which account for more than $1.8 billion in annual revenue, and learn how they are putting hospitality first.
Peter Romeo highlights the moments restaurateurs miss at their own peril
As restaurants begin to reemerge, one year since it all began, Restaurant Business takes stock of the massive changes the virus has brought.