Luckin 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.

The 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…

Sweetgreen 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.

JPMorgan 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…

Honeygrow 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…

Restaurant 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…

Golub 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…

Shelly 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.  

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…

Noodles & 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…

Is the UAE restaurant industry in trouble?

The problem has more to do with the lack of integrity of some operators leading "bad brand" than industry saturation.

Buffalo Wild Wings taps new CFO, backs R Taco expansion

November 7, 2016

Buffalo Wild Wings has tapped Alexander Ware as executive VP and CFO and is expanding the R Taco concept across Texas and Louisiana.

Luna Grill's latest financing will support expansion, HQ relocation

November 3, 2016

Luna Grill is expanding locations and relocating its headquarters thanks to a healthy infusion of financing.

Capriotti's boasts new investors

September 15, 2016

Capriotti’s Sandwich Shop has three new investors, David Barr, Shelly Sun and JD Sun.

How to avoid 5 financial pitfalls when opening a restaurant

Understanding the applicability of sound business practices such as cash flow management, benchmarked gross profit margins or salaries to scale can be just as…

To lease or not to lease: 5 tips, if that is your question (Part 1 of 2 on restaurant financing issues)

by S.A. Whitehead — Food Editor, Net World Media Group

In a business that demands a steady and relatively liquid cash flow, leasing equipment can make a lot of sense. Here are five tips to help you decide what…

Cosi announces major leadership changes

August 23, 2016

Cosi Inc. said in a news release that CEO RJ Dourney has been terminated and Chief Financial Officer Miguel Rossy-Donovan has resigned to accept a CFO position…

Villa Restaurant Group taps financial veteran as controller

July 14, 2016

Villa Restaurant Group, a full and quick-service restaurant operator, has named a new controller of corporate finance.

GE sells off restaurant assets of lending arm in massive 3-way deal

by S.A. Whitehead — Food Editor, Net World Media Group

GE Capital U.S. is selling the bulk of its restaurant financing assets, which are worth about $1.4 billion.

800 Degrees Pizza heats up with new partnership

June 22, 2016

Murfey Ventures is now investing in 800 Degrees Pizza. This new partnership is allowing 800 Degrees to expand in area and corporate development as well as…