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industry headlines

Restaurant Industry on Pace for Worst Year Since Recession

2016-10-14 The downturn for most of the restaurant industry continued during September.

North Carolina-Based Firm Invests in Ruggles Green

2016-10-11 Hargett Hunter Capital Partners, a North Carolina-based private investment firm focused exclusively on the hospitality industry, announced that that i...

Fresh Brothers Clinches Investment from Nolan Capital

2016-10-10 Golden Road Food Services, the parent to the Fresh Brothers pizza chain, has received an equity investment from Southern California investor group Nol...

Same-Store Sales Up 9 Percent at Juice It Up!

2016-10-07 Juice It Up!, one of the nation’s leading raw juice bar and hand-crafted smoothie chains, announced same-store sales were up 9 percent over the previo...

Red Robin Closes 9 Burger Works Locations

2016-10-04 Red Robin Gourmet Burgers announced the closing of some of its Red Robin Burger Works locations and rebranding of others as Red Robin Express as part ...

Captain D's 20th Consecutive Quarter of Positive Growth

2016-10-03 Captain D's announced it is continuing strong sales momentum in 2016, closing out the third quarter of the year with its 20th consecutive quarter of p...

Garden Fresh Restaurant Corp. Files for Bankruptcy Protection

2016-10-03 San Diego-based Garden Fresh Restaurant Corp., owners of Souplantation and Sweet Tomatoes, filed for bankruptcy protection on Monday.

Wienerschnitzel's Sales Continue to Rise

2016-09-28 Wienerschnitzel announced that 2016 marks the sixth consecutive year of same store sales increases for the 330-unit brand.

Leading Jimmy John's Franchisee Sold to Firm

2016-09-20 Atlantic Street Capital, a private equity firm targeting entrepreneurial businesses poised for the next level of growth, announced two strategic trans...