Finance

Friendly's Restaurants Sold to Amici Partners Group

Amici Partners Group, LLC has acquired Friendly’s Restaurants, the company announced January 19.

Dave & Buster’s Continues to Weather a Tough Winter

Rises in COVID cases and added dining restrictions have weighed heavily on Dave & Buster’s, which saw its number of open stores drop from 104 to 89 in early January.

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% ...

Guests grab pizza at Pizza Inn's buffet.

Pizza Inn Parent Receives Second Delisting Notice

Rave Restaurant Group, the parent of Pie Five and Pizza Inn, has requested an appeal from Nasdaq after failing to meet listing standards for a second time, according to an SEC filing. ...

Where Restaurants Can Get Financial Relief this Time Around

It’s no great secret why some restaurateurs greeted December’s $900 billion coronav

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. ...

Inside a Punch Bowl Social restaurant, with bowling alley shown.

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 ...