Bad Daddy’s Sales Decline 11.8 Percent in Q1
Good Times Restaurants Inc., operator of Bad Daddy’s Burger Bar and Good Times Burgers & Frozen Custard, announced that year-over-year same store sales for its Good Times brand increased 22.1% ...
Finance
Iconic Boston Brand Legal Sea Foods Sold to PPX Hospitality Brands
Legal Sea Foods, a concept with more than 25 stores along the East Coast, has been acquired by Smith & Wollensky Steakhouses parent PPX Hospitality Brands for an undisclosed amount. ...
Punch Bowl Social Files for Bankruptcy
Eatertainment chain Punch Bowl Social filed for bankruptcy Tuesday, citing the damaging effects of restrictions and the public’s uneasiness to enter shared spaces.
Darden Won’t Let COVID-19 Change What Matters Most
As the calendar flips on a tumultuous year for full-service restaurants, operators are starting to plot where COVID-19 innovation falls into the 2021 picture.
Denny’s Enhances Financial Flexibility
Denny’s Corporation announced that it has entered into a third amendment to its amended and restated credit facility that provides the company with greater financial flexibility by resetting financ ...
157-Year-Old Cliff House to Shut Down Permanently on December 31
San Francisco’s Cliff House, founded 157 years ago on the edge of the Pacific Ocean, announced that it will close permanently on December 31.
Things Will Get Worse for Dave & Buster’s Before They Get Better
The purgatory state restaurants find themselves in—wedged between looming vaccine distribution
Cheesecake Factory Ordered to Pay $125K for Misleading Investors
The SEC and The Cheesecake Factory reached a $125,000 settlement after the brand was accused of misleading investors about the condition of the company early into the COVID pandemic. ...
Cracker Barrel CEO: ‘Too Much Noise’ to Predict the Future
At Cracker Barrel, crystal balls aren’t a part of the inventory.
New $908 Billion Stimulus a 'Band-Aid on a Bullet Wound,' Restaurants Say
On Tuesday, a bipartisan group of legislators unveiled a $908 billion stimulus package that offers more forgivable loans, but no direct aid to the restaurant industry.
