Uber, Postmates Agree to $2.65 Billion Merger
Uber has finalized a deal to purchase Postmates in a $2.65 billion all-stock deal.
Finance
Paycheck Protection Program to Get Extension
Congress voted to extend the deadline of the Paycheck Protection Program, with more than $130 billion still remaining.
Report: 4 Out of 5 NYC Restaurants Aren’t Paying Full Rent
NYC Hospitality Alliance executive director Andrew Rigie describes COVID-19 as “four near fatal months of economic disaster.” And center for Big Apple restaurants is rent, often the largest fixed c ...
Sales at Ruth’s Chris Continue to Rebound as Dine-in Returns
Ruth’s Chris Steak House announced Tuesday that more than 70 percent of its dining rooms are open as average weekly sales continue to increase.
Zinburger Permanently Shutters 15 of 18 Restaurants Due to COVID
Zinburger Wine and Burger Bar announced that it’s permanently shuttering 15 of its 18 locations due to the ongoing effects of the COVID-19 pandemic.
Red Robin Satisfies Terms of Amended Credit Agreement
Red Robin Gourmet Burgers, Inc., a full-service restaurant chain serving an innovative selection of high-quality gourmet burgers in a family-friendly atmosphere, announced that it has successfully ...
Denny’s Off-Premises Sales Stick as Dining Rooms Reopen
Denny’s announced Tuesday that it’s opened 80 percent of its U.S. dining rooms as same-store sales improve to a decline of 40 percent.
Dave & Buster’s Takes $43 Million Virus Hit, Looks to Future
As devastating as COVID-19 has been on restaurants of all stripes, it was always going to batter social brands like Dave & Buster's harder than most.
BJ’s Continues to Rebound as Dining Rooms Reopen
By the end of this past week, BJ’s Restaurants expected to have more than 85 percent of its dining rooms open as sales increase weekly.
Earl Enterprises Completes Acquisition of BRIO and BRAVO!
Earl Enterprises announced Thursday the asset acquisition of BRIO Italian Grille and BRAVO! Italian Kitchen from FoodFirst Global Restaurants. BRIO and BRAVO!
