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Fast_Casual

Financing

Arizona-based Wildflower acquired by Japan-based restaurant conglomerate for $28.2M

 By Lisa Jennings on Sep. 04, 2024

It's the second U.S. restaurant brand buy for Tokyo-based Create Restaurants Holdings, which also bought Il Fornaio in 2019.

Financing

Fast-casual burger chains run into sales problems

 By Jonathan Maze on Aug. 29, 2024

The Bottom Line: Habit’s sales are falling and the chain just rebranded. Shake Shack is closing locations. BurgerFi is being sold on the discount rack. Here's what to make of it all.

Financing

Roti's recovery from the pandemic proves to be short-lived

By Jonathan Maze on Aug. 26, 2024

The fast-casual Mediterranean chain said that the end of pandemic-era rent deferrals helped push it into its bankruptcy filing. The company now hopes to find a buyer.

Financing

Roti declares Chapter 11 bankruptcy

By Jonathan Maze on Aug. 23, 2024

The Chicago-based fast-casual Mediterranean chain, which has been closing locations in recent years, says it will use the process to find new investors or a buyer.

Financing

The post-pandemic fast-food business: More beverages, snacks and chicken, less pizza and sandwiches

By Jonathan Maze on Aug. 22, 2024

Fast-casual and quick-service restaurants on the Technomic Top 500 have grown sales by 33% over the past five years. But that growth was not created equally as consumers shifted their spending.

Financing

Guillermo Perales jumps into a buyer's market

By Jonathan Maze on Aug. 22, 2024

The franchisee of Burger King, Arby’s and other chains just acquired Freebirds World Burrito and is already working to grow the chain. And he’s got the inside track on Uncle Julio’s.

Financing

The company that bought Corner Bakery has sued Boston Market

By Jonathan Maze on Aug. 20, 2024

SSCP Restaurant Investors, which bought Corner Bakery last year, is accusing former owner Jay Pandya and his Boston Market chain of "shocking, systemic breaches of fiduciary duties."

Financing

Burger King franchisee Sun Holdings acquires Freebirds World Burrito

By Jonathan Maze on Aug. 19, 2024

The Austin, Texas-based fast-casual chain has been sold to the owner of Taco Bueno and franchisee of hundreds of restaurants such as Arby’s, Applebee’s, IHOP and Golden Corral.

Financing

Rubio's is being sold to its lender

By Jonathan Maze on Aug. 01, 2024

The fast-casual Mexican chain, which filed for bankruptcy in June, has agreed to a $40 million credit bid from a company run by the former CEO of Famous Dave’s.

Operations

Chipotle to focus on portion sizes at some 'outlier' restaurants

By Joe Guszkowski on Jul. 25, 2024

But customer concerns over portions did little to slow the burrito chain in Q2, when same-store sales soared by more than 11%.

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