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Fast_Casual

Financing

Rubio's files for bankruptcy again

 By Jonathan Maze on Jun. 05, 2024

The fast-casual chain blamed rising costs and the fast-food wage in California as it filed its second Chapter 11 in four years. It plans to use the bankruptcy process to find a buyer.

Operations

The 10 largest fast-casual restaurant chains by sales

 By Lisa Jennings on Jun. 04, 2024

The fast-casual segment had a strong 2023 in terms of sales, boosted by unit growth and menu pricing.

Operations

Paris Baguette is more than a bakery-café

By Heather Lalley on Jun. 04, 2024

Top 500: The fast-casual bakery-cafe concept is the fastest-growing sandwich concept in Technomic’s Top 500 Chain Restaurant Report.

Financing

Blaze Pizza is moving its headquarters to Atlanta

By Jonathan Maze on Jun. 04, 2024

The fast-casual pizza chain, which was “born” in California more than a decade ago, believes the cross-country move will further growth.

Financing

Rubio's closes 48 restaurants in California

By Jonathan Maze on Jun. 02, 2024

The fast-casual taco chain, which declared bankruptcy in 2020, cited the state’s operating environment for the restaurant closures.

Financing

Struggling Burgerfi is exploring strategic alternatives

By Jonathan Maze on May 30, 2024

The owner of two fast-casual chains cited its liquidity challenges as it replaced its chairman, gave top executives incentives to stick around and sought assistance from its lenders.

Financing

Investors regain their taste for Sweetgreen

By Jonathan Maze on May 10, 2024

The Bottom Line: The salad chain’s stock rose 34% on Friday after sales and profitability were better than expected. The company’s shares are above its IPO price for the first time in two years.

Financing

Looking for the next Chipotle? These 3 chains are already there

By Jonathan Maze on May 03, 2024

The Bottom Line: Wingstop, Raising Cane’s and Jersey Mike’s have broken free from the pack of well-established growth chains. Here’s why this trio stands out.

Financing

As it is sold, Clean Juice struggles with supply issues

By Jonathan Maze on May 03, 2024

Operators have closed or rebranded nearly half of the chain’s locations over the past year and a half. And then as the chain was sold last week, franchisees were told the company lost its distribution contract.

Financing

Shake Shack steps up marketing to keep customers from fleeing to cheaper options

By Lisa Jennings on May 02, 2024

In the last earnings call for outgoing CEO Randy Garutti, the fast-casual chain said traffic was down 2.1% in the first quarter, though trends were improving into Q2.

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