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.
Finance
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!
J. Alexander's was Nearly Sold Before the Pandemic
J. Alexander’s was in advanced negotiations with a buyer before COVID-19 rattled the landscape in early March.
Report: 85 Percent of Independent Restaurants Could Close Without Direct Aid
Dan Wu, an immigrant chef and owner of Atomic Ramen in Lexington, Kentucky, operated his restaurant for two and a half years before COVID hit.
Chuy's Pays Down $25 Million Revolving Credit Facility
Chuy’s announced that it successfully completed its previously announced $50 million “at-the-market” offering and paid down its $25 million revolving credit facility.
Chili’s is Outpacing its Casual-Dining Competitors
More than 80 percent of Chili’s restaurants have reopened dining rooms, and the customers are responding.
HopCat Parent Files for Bankruptcy as COVID-19 'Put it Over the Edge'
Michigan-based BarFly Ventures, the parent of HopCat, Stella’s Lounge, and Grand Rapids Brewing Co., filed for bankruptcy, citing “untenable” debt exacerbated by the COVID-19 pandemic. ...
