Bill introduced to make restaurants' 15-year tax depreciation schedule permanent

March 14, 2014

U.S. Representatives Mike Kelly, R-Pa., Richard Neal, D-Mass., Jim Gerlach, R-Pa., and Ron Kind, D-Wis., this week introduced H.R. 4212, "the Restaurant and…

Getlowfees.com launches online credit card processing marketplace for merchants

January 29, 2014

Get Low Fees LLC this week announced the launch of its new website, getlowfees.com. Intended to help business owners lower their credit card processing rates…

Survey shows small business optimism for 2014

January 3, 2014

ShopKeep POS, a provider of cloud-based business management software for the retail and restaurant industries, recently surveyed more than 640 small businesses…

Fiesta Restaurant Group completes refinancing

December 12, 2013

Fiesta Restaurant Group Inc., parent company of the Pollo Tropical and Taco Cabana restaurant brands, announced it has entered into a new senior secured credit…

Fitch: Stable credit outlook for U.S. restaurants in 2014

December 3, 2013

The credit outlook for U.S. restaurants should be mostly stable in 2014, despite some weak industry fundamentals, according to a new report published by Fitch…

Restaurant operators bullish about sales growth

December 2, 2013

Fueled by stronger same-store sales and traffic and a more optimistic outlook among restaurant operators, the National Restaurant Association's Restaurant…

GE Capital expands financing to foodservice equipment industry

October 2, 2013

GE Capital's Commercial Distribution Finance business announced it will expand financing capabilities and coverage to the commercial foodservice and…

Einstein Noah Restaurant Group names new CFO

September 26, 2013

Einstein Noah Restaurant Group Inc., parent company of Einstein Bros. Bagels, Noah's New York Bagels, and Manhattan Bagel brands, has appointed John Coletta as…

Restaurant cash advance loan company launches

September 26, 2013

A new company, RestaurantCashAdvanceLoans.com, has launched with an objective of making credit availability faster and easier for restaurant operators.

Investor group acquires equity in The Coffee Bean

September 25, 2013

Advent International announced that it has partnered with CDIB Capital to acquire a significant equity position in International Coffee & Tea LLC, which…

Private equity firm invests in Your Pie pizza franchise

August 7, 2013

Your Pie and Georgia Oak Partners have entered into a partnership in which Georgia Oak will invest substantial growth equity into the emerging pizza franchise…

Number of restaurant operators seeking capital jumps 40% since 2012

July 25, 2013

Thirty-nine percent more restaurant owners have sought capital for their businesses this year compared to last year, according to a new analysis from Capital…

Restaurant chains capitalize on increase in SBA lending

June 20, 2013

A new report released at the start of the International Franchise Expo in New York City shows that U.S. Small Business Administration (SBA) lending to…

Noodles & Company going public?

May 23, 2013

Noodles & Company is planning to go public. The Colorado-based chain announced today that it has filed a registration statement on Form S-1 with the…

Good news: Restaurant sales, unit growth, financing up

Total unit growth for the Top 100 restaurant chains was 1.8 percent in 2012, the highest since 2007.

PeopleMatter receives $19M in capital funding

March 5, 2013

PeopleMatter announced it has closed a $19-million growth round of capital led by Scale Venture Partners, based in California. According to PeopleMatter CEO…

Restaurant operators optimistic about the months ahead

March 1, 2013

Driven by a more optimistic outlook among restaurant operators, the National Restaurant Association's Restaurant Performance Index (RPI) rose to its highest…

Franchising industry shows improvement in January

February 20, 2013

The Franchise Business Index (FBI), an index of the economic health of the U.S. franchising industry, increased by 0.7 percent in January as nearly all…

OLO receives $5M in funding thanks to mobile ordering growth

January 25, 2013

OLO, a digital commerce engine for restaurants, announced a $5 million dollar Series B financing from PayPal and existing investors. The New York-based company…

Starbucks sets date for biennial investor conference

November 21, 2012

Starbucks Corporation will host its biennial investor conference on Dec. 5.