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industry headlines

Luna Grill Receives Equity Investment, Preps for Growth

2017-09-18 Luna Grill, a pioneer in the luxe-casual Mediterranean restaurant segment, announced Monday that it has received an equity investment from PWP Growth ...

Hurricanes Take Toll on Pollo Tropical, Taco Cabana

2017-09-18 With nearly 25 percent of its company base in the Houston metropolitan area, Fiesta Restaurant Group felt a heavy impact from Hurricane Harvey.

440-Unit Round Table Pizza Sold to Global Franchise Group

2017-09-15 Global Franchise Group announced Friday it acquired Round Table Pizza in a move that will give the strategic brand management company close to $1 bill...

Will Hurricanes Halt McDonald's Sales Momentum?

2017-09-12 It’s clear that hurricanes Harvey and Irma will dent restaurant profits around the nation.

Cafe Rio Bought by Private-Equity Group

2017-09-11 Cafe Rio, a high-growth, fast-casual Mexican restaurant company, announced that it has been acquired by Freeman Spogli & Co.

Harvey, Mayweather Fight Derail August Restaurant Sales

2017-09-08 Victor Fernandez, executive director of insights and knowledge at TDn2K, called August a “tale of two different periods” for the restaurant industry.

Report: Fast Casual Sales are Still Struggling

2017-09-08 Even the most optimistic of restaurateurs didn’t expect the second quarter of 2017 to look all that different from the first.

Starbucks Sued by Country's Largest Mall Operator

2017-08-30 Claiming that the concept isn’t actually losing money, Simon Property Group Inc., the country’s largest mall operator, is suing Starbucks Corp.

Soaring Avocado Prices Deal Another Blow to Chipotle

2017-08-28 Back in July, Chipotle expressed optimism concerning its strained relationship with avocados. Chief financial officer John R.

Bruegger’s Bagels Being Sold to Caribou Coffee

2017-08-24 The parent company of Bruegger’s Bagels will sell the brand to Caribou Coffee as it seeks to expand its international concepts in the U.S.