Finance

BJ’s Restaurants announced in a filing Monday that it laid off about 16,000 hourly employees despite continuing to operate all 209 of its locations. 

Due to the uncertainty of COVID-19, Allegro Merger Corp. and TGI Fridays mutually agreed to cancel their $380 million merger, according to an SEC filing. 

Although the federal government passed legislation granting small businesses access to nearly $350 billion in forgivable loans, independent restaurateurs nationwide describe the system as flawed an ...

Because of the COVID-19 pandemic, The Cheesecake Factory saw a 46-percent drop in same-store sales in March, but significant growth in off-premises business.

Dave & Busters announced April 1 that it was forced to temporarily close all 137 locations and furlough more than 15,000 employees due to the COVID-19 pandemic.

Black Box Intelligence Wednesday released its latest look into the immense impact COVID-19 is making on the restaurant industry.

Craftworks Holdings, parent of Logan’s Roadhouse and Old Chicago Pizza & Tap Room, fired a majority of its 18,000 employees that were furloughed a few weeks ago.

To create financial flexibility during the COVID-19 pandemic, Red Robin announced Wednesday that it is suspending the rollout of Donatos Pizza at its stores.

More details were shared Tuesday about the $349 billion set aside for a new small-business loan program.

With state mandates pushing restaurants to limit operations or close entirely during the coronavirus pandemic, operators are turning to insurers to see how they can recoup losses.