Qdoba has closed its inaugural $305 million securitization, just over a year after its acquisition from private equity firm Butterfly. That acquisition, for an unspecified amount, merged Modern Restaurant Concepts with Qdoba into one...
High demand and costs, coupled with low inventory and construction/permitting delays, have created development bottlenecks for many companies itching to grow.
This week on Nation's Restaurant News the top story was how Kura Sushi is ‘clobbering everyone’ on traffic. An industry-wide traffic slide was widely reported during the last round of earnings calls, but there were some anomalies, including...
Are we starting to see the long-term consequences of the ghost kitchen boom that peaked during the pandemic? While ghost kitchens have gone through ups and downs over the years — from regulatory challenges to the rise of false or...