Sbe’s Sam Nazarian Sells Remaining 50% Stake to Accor Hotels
Accor takes full ownership of sbe's lifestyle hotel brands along with majority of restaurant brands
Another Broken Egg Cafe Opens in Jacksonville, Fla.
Another Broken Egg Cafe in Jacksonville is located at 11949 Atlantic Boulevard, Suite 105 and offers online ordering with a complete catering menu also available.
Treasury Rejects PPP Tax Deductions Unless Congress Acts
IRS releases guidance on deductibility of business expenses paid for with PPP loans, and it isn’t good for restaurants.
California Pizza Kitchen Successfully Completes Financial Restructuring Process
California Pizza Kitchen yesterday announced that it has successfully completed its financial restructuring process and emerged from Chapter 11, well positioned for long-term growth. As part of its financial restructuring, CPK completed a debt-for-equity transaction, and now has a substantially reduced debt load and increased liquidity, including exit financing that provides the capital to support CPK’s business and build on the company’s current business momentum.
U.S. Restaurant Jobs Remain Below Pre-pandemic Levels in 46 States and DC
Hawaii, Vermont and the District of Columbia have the largest deficits from their pre-coronavirus employment levels.
Buffalo Wild Wings Franchisee Aims to Grow Black-owned Businesses
Los Angeles-based Karim Webb explains why social equity and ownership opportunities help underserved communities and our industry thrive.
FCPT Announces Acquisition of a Starbucks Property for $1.2 Million
The property is located in a highly trafficked corridor in Mississippi and is occupied under a net lease with approximately five years of term remaining.
How to Boost Morale While Lowering Stress This Holiday Season
The first step in helping your team handle stress this holiday? Actively listening so they know they’re heard.
Jack in the Box Inc. Reports Fourth Quarter FY 2020 Earnings; Declares Quarterly Cash Dividend
Jack in the Box system same-store sales increased 12.2 percent for the quarter. Company same-store sales increased 9.6 percent in the fourth quarter driven by average check growth of 21.9 percent while transactions decreased 12.3 percent. Improvement in company same-store sales as compared with the third quarter was primarily driven by a sequential improvement in transactions.
Bonchon Relocates Global Headquarters To Dallas, Texas And Introduces New Fast-casual Restaurant Model
Bonchon's Texas Move Will Bring New Jobs, New Corporate Fast-Casual Restaurants, and Will Expand Texas Footprint