Finance / Investment News & Media
New financial reporting system standardizes languages, currencies
October 21, 2019
Restaurant analytics company, Revenue Management Solutions, has launched an SaaS application called metiRi that gathers, consolidates, standardizes and…
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Tender Greens gets term loan from digital lender CrowdOut Capital
October 16, 2019
CrowdOut Capital, an online, non-bank lender for middle market companies, has completed a term loan to Tender Greens, according to a press release.
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Chipotle enhances employee education initiative
October 15, 2019
Chipotle Mexican Grill is offering eligible employees a debt-free college degree benefit which expands on its commitment to employee education via the Chipotle…
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Pie Five's dismal Q4 results drag down Rave's overall performance
September 30, 2019
Pizza Inn and Pie Five parent, Rave Restaurant Group Inc., reported sizable sales decreases at Pie Five over the fourth quarter of the company's financial…
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Capriotti’s inks deal for 17 locations
September 17, 2019
Captriotti's Sandwich Shop has signed a franchise deal for 17 locations across several states, including Montana, Arizona, Idaho and Washington, by the end of…
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Giardino, Chop Chop Rice announce expansion plans
September 10, 2019
Two fast casual chains — Giardino Gourmet Salads and Chop Chop Rice Co. — are celebrating their 15th birthdays this month with major growth plans.
read nowTijuana Flats aims to help Florida families eliminate $1M in medical debt
August 13, 2019
Tex-Mex fast casual Tijuana Flats is eliminating more than $1 million in medical debt for more than 1,000 residents and families in the Greater Orlando area.
read nowRego Restaurant Group hires former TGI Fridays CFO
July 25, 2019
The Rego Restaurant Group, which operates Quiznos and Taco Del Mar, has hired Tom Kurrikoff as CFO.
read nowBy Chloe, ESquared effort, Dez, in NYC closes after year
June 25, 2019
Dez, a fast casual created by the team that launched By Chloe with ESquared has closed a little more than a year after opening in New York City's Nolita…
read nowKotipizza applies to go private
June 7, 2019
Kotipizza's board has applied to end public trading in the brand and to delist Kotipizza's shares from the Nasdaq Helsinki, a news release said.
read nowLuckin Coffee aims to go public in the US
April 24, 2019
Luckin Coffee, Starbucks’ top competitor in China, is planning to go public in the US.
read nowThe Madera Group raises $20.85M in latest funding round
December 3, 2018
The Madera Group, which operates several Mexican brands, has raised $20.85 million in funding in its latest equity round. The investment comes from Breakwater…
read nowSweetgreen reaps $200M in funding effort
November 14, 2018
Seasonal fast casual brand sweetgreen reaped $200 million in its latest financing round which was led by Fidelity Investment.
read nowJPMorgan Chase launches Franchise & Restaurant Group
November 12, 2018
JPMorgan Chase's Commercial Bank announced the launch of the a franchise and restaurant group within its middle market banking and specialized industries…
read nowHoneygrow raises $18 million in latest round of funding
December 8, 2017
Honeygrow, a Philadelphia-born concept, has raised $18 million in Series E fundraising. The capital, which brings the total amount raised to $70 million, will…
read nowRestaurant biz down, but not as bad as it looks
October 13, 2017
Ever since Hurricanes Harvey and Irma roared through most of the nation's southern regions, analysts and others have been itching for numbers on the storms…
read nowGolub Capital supports Café Rio Mexican Grill acquisition
September 11, 2017
Café Rio Mexican Grill is being acquired by Freeman Spogli & Co., according to a news release. This moves comes after Golub Capital announced it is…
read nowShelly Sun leads investors striving to drive Capriotti's growth
July 18, 2017
Franchising veteran Shelly Sun has joined Capriotti's Sandwich Shop as part of a group of high profile investors, according to a press release.
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NRA to Congress: 'Press go on health act but fix it later'
March 22, 2017
National Restaurant Association Policy and Government Affairs EVP Cicely Simpson today told Speaker of the House and U.S. Rep. Paul Ryan to press forward with…
read nowNoodles & Co sells $31.5M of shares
March 15, 2017
To help strengthen its balance sheet and fund strategic initiatives, Noodles & Company is selling $31.5 million in stock to Mill Road Capital and is no…
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