WaBa Grill Announces Best Sales Year in Brand History
WaBa Grill announced 2020 was the company’s best performing year, beating out 2019 which previously held the title.
Finance
Red Robin, Bartaco Vets Hunt for the Next Public Market Star
Newly listed Tastemaker Acquisition Corp. raised $240 million.
Checkers & Rally’s Turnaround Shifts Into High Gear
The chain saw same-store sales rise 7.5 percent in 2020.
Tropical Smoothie Café Opened 99 Restaurants in 2020
Tropical Smoothie Café announced another record-breaking year in 2020.
Checkers Gets $20 Million Injection to Ignite 'Aggressive Growth'
The drive-thru-focused brand has surged during COVID-19 conditions.
Restaurant Transaction Declines Down 10 Percent in December
The U.S. restaurant industry closed one of the most unpopular years in history moving its way out of the steepest declines the industry has experienced since the Great Recession, reports The NPD Group.
Wendy’s, Flynn Restaurant Group Reach Agreement on NPC Assets
If the deal is finalized, Flynn will operate more than 2,500 stores in the U.S.
Texas-based Tc4 & Co. Hospitality Acquires Mighty Fine Burgers Fries & Shakes
Tc4 & Co. Hospitality announced the acquisition of fellow Austin-based restaurant chain, Mighty Fine Burgers Fries & Shakes.
Shipley Do-Nuts Acquired by Peak Rock Capital
The Shipley family will remain as investors in the company.
Edible Brands Names Carey Malloy Chief Financial Officer
Edible Brands, the parent company of Edible, has named Carey Malloy as chief financial officer.