Finance

The latest restaurant sales trends, deals and investments.

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Mergers and acquisitions across the restaurant industry aren’t far off from last year’s pace in spite of coronavirus

Jul 20, 2020

Halfway through the year, big delivery brands like UberEats and Postmates have merged, while chains like Krystal and Le Pain Quotidien have been bought out of bankruptcy

Fiesta Restaurant Group closes Pollo Tropical, Taco Cabana dining rooms amid coronavirus surge

Jul 17, 2020

Fast-casual company says same-store sales improved as Q2 progressed during pandemic

Restaurant outlook grim, according to operators in Black Box Intelligence survey

Jul 17, 2020

Two-thirds of polled executives expect environment to worsen in next 3 months

14 big restaurant companies that have filed for bankruptcy so far in 2020

Jul 16, 2020

The coronavirus pandemic is to blame for some, but not all, of the filings

Domino’s CFO Jeff Lawrence announces retirement as pizza chain posts 16% same-store sales surge during the coronavirus pandemic

Jul 16, 2020

Lawrence announced that he will retire at the end of the year following a strong first two quarters for Domino’s despite the challenges of the pandemic

National Restaurant Association sends ‘Blueprint for Restaurant Revival’ to Congress

Jul 15, 2020

Plan urges targeted relief fund, liability protections, payroll tax relief for workers and other measures

Berkshire Hathaway, insurance subsidiary fight coronavirus restaurant-loss claim

Jul 14, 2020

Pennsylvania’s Town & Country Bar and Grill proposes class action on virus exclusion

Jul 09, 2020

Dunkin’ explores beverage trends with coffee and tea tests in restaurants in the Northeast

Here are some of the biggest restaurant recipients of Paycheck Protection Program loans

Jul 07, 2020

Small Business Administration releases data on recipients of the forgivable loan program and the $42 billion so far that went to foodservice companies

Double whammy: Protests and pandemic hurt Shake Shack sales

Jul 07, 2020

The chain reported a 60.1% drop in traffic for the second quarter; some reopened dining rooms are closing again ‘for safety reasons’

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