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Financing

How your restaurant sales and profits compare to competitors' and what you can do to improve financial performance

Financing

Sticky's Finger Joint declares bankruptcy

 By Jonathan Maze on Apr. 25, 2024

The New York chicken tender chain struggled coming out of the pandemic with inflation and several legal challenges. It is the latest in a string of industry bankruptcy filings.

Financing

Clover Food Lab emerges from bankruptcy with big growth plans

 By Jonathan Maze on Apr. 24, 2024

The vegetarian fast-food chain emerged from Chapter 11 bankruptcy protection after just a few months with plans to grow to 60 locations around New England within five years.

Financing

The Sports Bra wins growth investment from Serena Williams' husband

By Lisa Jennings on Apr. 24, 2024

With women's sports on fire, Reddit co-founder Alexis Ohanian's 776 Foundation is providing an assist to franchise and expand this Portland, Oregon-based sports bar dedicated to supporting female athletes.

Financing

How restaurants can tailor real estate strategies to an uncertain market

By Jonathan Maze on Apr. 24, 2024

A Deeper Dive: Real estate attorney Stephen Cohen joins the Restaurant Business podcast to talk about the state of restaurant real estate.

Financing

Yes, restaurants are losing traffic to grocers and convenience stores

By Jonathan Maze on Apr. 24, 2024

According to data from Placer.ai, traffic at restaurants has lagged that of grocers, superstores and convenience stores since the pandemic.

Financing

A wave of bankruptcies hits the restaurant industry

By Joe Guszkowski on Apr. 24, 2024

Macroeconomic challenges and corporate missteps have landed a number of companies in financial crisis this year.

Financing

Fast-growing Tropical Smoothie is being sold to Blackstone

By Jonathan Maze on Apr. 24, 2024

The Atlanta-based fast-casual smoothie chain, which has thrived in recent years, is being sold to the private-equity giant for $2 billion.

Financing

For Papa Johns, the CEO departure came at the wrong time

By Jonathan Maze on Apr. 23, 2024

The Bottom Line: The pizza chain worked to convince franchisees to buy into a massive marketing shift. And then the brand’s CEO left.

Financing

Oberweis Dairy finds a buyer

By Peter Romeo on Apr. 23, 2024

The principal of another Illinois food manufacturer has offered to buy the chain of ice cream shops and its sister businesses.

Financing

The Tijuana Flats bankruptcy highlights the dangers of menu miscues

By Jonathan Maze on Apr. 23, 2024

The Bottom Line: The fast-casual chain’s problems following new menu debuts in 2021 and 2022 show that adding new items isn’t always the right idea.

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