California Pizza Kitchen, which has 163 corporate locations and 16 franchises in the U.S., announced Thursday that it filed for Chapter 11 bankruptcy.
From a net growth perspective, the casual-dining industry was on the retreat pre-pandemic. But that could change quickly.
Portland-based investment firm Sortis Holdings announced Tuesday that it acquired Bamboo Sushi parent Sustainable Restaurant Group out of bankruptcy for $2 million.
On Monday, GOP leadership in the Senate introduced a $1 trillion stimulus package—labeled the HEALS Act—that would deliver more checks to citizens, several tweaks to the Paycheck Protection Program ...
Private equity firm Hargett Hunter Capital Management has agreed to purchase Texas-based chain Trudy’s Texas Star out of bankruptcy for $6.5 million.
Don’t use the word “unprecedented” around the O’Charley’s office.
A survey released Monday by the Brooklyn Chamber of Commerce previews a precarious position for local small businesses that have reopened since the COVID-19 “pause” was partially lifted in New York ...
While the COVID-19 pandemic has wreaked havoc on customers, employees, and equity owners of restaurants, health clubs and innumerable consumer-facing businesses, it has also brought their lenders t ...
When California Gov.
Before the pandemic, operators expected a reduction in restaurants because of oversaturation.