The Cheesecake Factory is one of the highest-volume chains in America, averaging $10.7 million in sales per restaurant in 2019 and 2018, and $10.6 million the year before that.
Texas Roadhouse has long been a company that leads with hospitality and keeps its focus within the four walls. Delivery doesn’t line dance.
Although off-premises sales at Denny’s have increased significantly, same-store sales are down more than 70 percent compared to last year.
In another plea to Congress, the Independent Restaurant Coalition is asking legislators to form a $120 billion stabilization fund solely for independent brands.
Restaurant365, a leading all-in-one restaurant management platform, announced the launch of R365 Capital, a program designed to help restaurants quickly access the capital they need to thrive. ...
BJ’s Restaurants reported Friday that it’s preparing to reopen restaurants once state and local governments give permission.
Ruth’s Hospitality Group decided Thursday to return $20 million in Paycheck Protection Program loans because of new guidelines released by the Small Business Administration and U.S. ...
The Senate approved a $484 billion bill Tuesday that would inject $310 billion into the Paycheck Protection Program that ran out in less than two weeks.
The National Restaurant Association is asking Congress to support a new $240 billion recovery fund to “provide a lifeline” to restaurants struggling financially amid the pandemic.
The Cheesecake Factory announced Monday that it has reached a $200 million investment deal with private firm Roark Capital.