Finance

On Thursday, the $349 billion program for small businesses ran out of funds nearly two weeks after the application process opened, according to the Small Business Administration’s website. ...

To illustrate the scope of the COVID-19 pandemic, as it pertains to restaurants, the week ending April 5 was the best to date, based on same-store sales growth.

Biglari Capital, a shareholder of Cracker Barrel, criticized the brand Wednesday for ending its deal with Punch Bowl Social, describing the move as a “panic exiting.” 

Dave & Buster’s announced Tuesday that it has an agreement to sell up to $75 million in shares as part of an “at-the-market” equity offering program.

Beef ‘O’ Brady’s CEO Chris Elliott understands this is guesswork. But what’s the alternative? There is no COVID-19 playbook for restaurants. No case studies.

FoodFirst Global Restaurants, parent of BRAVO Cucina Italiana and BRIO Tuscan Grille, filed for bankruptcy April 10 due to the negative effects of the COVID-19 pandemic. 

Black Box Intelligence has reported on restaurant sales and traffic since the Great Recession.

There are a few reasons fine dining is getting hit especially hard by COVID-19. One key point is check size.

The Trump administration is urging Congress to approve an additional $250 billion for small businesses as concern grows over the quickly depleting aid. 

Tilman Fertitta, the billionaire owner of Landry’s Inc., one of the country’s most prominent full-service restaurant groups, is floating some bold measures to keep his entertainment empire afloat d ...