Rubio’s is being sold to the company that owns its debt after no other bidders came forward for the fast-casual Mexican chain. The buyer is TREW Capital Management, the investment firm run by former Famous Dave’s CEO Jeff Crivello. The firm, which is also targeting the fast-casual burger...

Rubio's is being sold to its lender

New Jersey State

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

writer

Connecticut State

Capital Chronicles

Stop & Shop, a beloved grocery chain across the Northeast, has announced unexpected closures for 32 underperforming locations by the end of this year. This decision affects stores in New Jersey, Massachusetts, New York, Connecticut, and Rhode Island, with closures scheduled before November 2.

A well-loved grocery chain has confirmed that it unexpectedly closed some of its stores

Los Angeles, CA

California State

(The Center Square) - The owner of fast-casual food chains Tender Greens and Tocaya filed for bankruptcy, citing California’s $20 per hour fast food minimum wage, inflation, and the state’s empty office districts as contributing factors. The bankruptcy effort is aimed at restructuring and keeping stores open and employees at work.

Two more California chains file for bankruptcy, citing $20 per hour minimum wage

Wisconsin State

Pizza Hut franchisee EYM Pizza filed for Chapter 11 bankruptcy protection on Monday, according to court records from the U.S. Bankruptcy Court for the Eastern District of Texas. The operator listed Manufacturers Bank and Pizza Hut as its top unsecured creditors with respective claims of over $21 million and $2.2...

Pizza Hut franchisee declares bankruptcy

GeekSpin

It looks like Red Lobster has a new owner two months after filing for bankruptcy. Meet Red Lobster’s New Owner The seafood restaurant chain said in a court filing this week that it would accept an existing sale offer from Fortress Credit Corp after the former did not receive any other acquisition bids. The sale […]
Read the original article on Red Lobster Emerges from Bankruptcy with New Owner

Red Lobster Emerges from Bankruptcy with New Owner

Hey pizza lovers and industry watchers, here's some surprising news from the fast-casual dining world. MOD Pizza, a major player in the made-to-order pizza arena, is reportedly considering filing for bankruptcy as part of its strategy to shore up its capital structure. According to a recent report from Bloomberg, the company is exploring all available options to stabilize its finances, although no final decisions have been made yet.

Massive Pizza Chain Considering Bankruptcy

Florida State

WHYI Y100

'Just knowing this place has been open for so long and it’s closing…is a big deal'

Beloved Italian Restaurant Chain Abruptly Closing Locations In Florida

New York City, NY

Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

Jacksonville, FL

ESPN 690

In a shocking fall from the number one slot in America’s hearts, Chick-fil-A is no longer the fan favorite when it comes to fast food restaurants, according to a USA Today survey. A taco joint has taken over the top spot... Del Taco, which is a franchise we do not have here in the Jacksonville area. Chick-fil-A didn’t even come in second... they lost second place to KFC. Chick-fil-A dropped to third place. Arby’s came in last place. Here is the ranking of the Top 10:

Chick-fil-A is no longer America’s favorite fast food restaurant

North Carolina State

Community Voices represent independent, third-party users who have joined our contributor program but not yet verified their accounts. Community Voices are expected, like all users, to adhere to our Community Standards.

community_voice

Town Talks

Death Disclosure Laws and Property Disclosures in North Carolina. In North Carolina, there is no legal obligation for homeowners or real estate agents to disclose if a death has occurred in a home, whether by natural causes, murder, or suicide. However, if a potential buyer directly inquires about any deaths on the property, the seller is required to provide that information.

If someone dies at your house do you have to tell a potential buyer? What North Carolina law says

Naples, FL

Joel Eisenberg

This article is based on corporate postings and accredited media reports. All linked information within this article is fully-attributed to the following outlets: ScrapeHero.com and ShoppingCenterBusiness.com.

Another Publix Market is Coming to Florida; Will Anchor New Shopping Center

McDonald's is extending its popular $5 meal deal as the value meal battle between fast food chains wages on. In a company memo obtained by ABC News, McDonald's executives said most U.S. locations will extend the deal through August. The deal that first launched June 25 was only supposed to...

McDonald's extends $5 meal, Wendy's adds $1 breakfast sandwich

Sacramento, CA

Italian casual-dining chain Buca di Beppo closed 13 restaurants across the country this week, shrinking its footprint by more than 20%. In a statement, parent company Earl Enterprises said the locations had been unable to recover from the pandemic and other market pressures. The closures included restaurants in Sacramento, California;...

Buca di Beppo closes 13 underperforming restaurants

J. Souza

Royal Caribbean’s Utopia of the Seas, a $1.35 billion behemoth of the sea, has recently been introduced to the world since its maiden voyage on July 19th. The ship, boasting nearly 5,700 passengers and a crew of over 2,200, offers an array of amenities designed to cater to multi-generational families on shorter 3- and 4-day itineraries.

Cruise Passengers Not Happy About Feature on World's Newest Mega Ship

Michelin-starred chef Daniel Boulud is partnering with Aramark to launch a new catering company focused on corporations, special events, galas and more in the greater New York City area. Cuisine Boulud New York builds on the chef’s decades of high-end catering experience, now with enhanced operational infrastructure thanks to a...

Celebrity chef Daniel Boulud joins forces with Aramark on high-end catering company

SPB Hospitality, the parent of Krystal, Logan’s Roadhouse and other restaurant chains, has acquired a pair of concepts created by celebrity chef Jose Garces. The three-unit Amada Tapas y Vino and single-unit Village Whiskey will join SPB’s portfolio of more than a dozen restaurant brands. Terms of the...

Owner of Logan's Roadhouse acquires 2 Jose Garces concepts

CBS News

Americans have swallowed about as much inflation as they can handle after years of rising food prices, including at restaurants.Some consumers have become so irked by price increases that they've stopped visiting the drive-thru altogether. But food giants like Burger King, McDonald's and Wendy's have taken notice, with many launching value meal deals this year in hopes of drawing in more customers. Here's a list of food promotions currently being offered by popular restaurant chains around the U.S.:Burger KingIn June, the home of the Whopper began offering a $5 meal to compete with McDonald's. The $5 meal offers customers a choice...

Here are 9 restaurant chains now offering deals on their food

McDonald’s has tried for decades to come up with an oversized premium burger that would slide easily into its operations and win a following among consumers accustomed to paying far less for a Golden Arches meal. News arose this week of yet another stab, a limited test of a new option called the Big Arch.

Here's what happened in McDonald's past attempts to go big

Kentucky State

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

contributor

Northern Kentucky Tribune

Kentucky’s Community Actions Partnerships have announced the starts date for the Low-Income Home Energy Assistance Program (LIHEAP) Summer Subsidy, aimed at helping Kentucky households offset summer cooling costs.

LIHEAP Summer Subsidy program to help with summer cooling costs to begin enrollment July 16

Beef is taking a backseat as many fast food chains take advantage of the versatility of chicken. You can make chicken into tenders, nuggets, and sandwiches. And something as simple as switching up the sauce gives you an entirely different-tasting meal. Many restaurants, such as Chick-fil-A, Raising Cane’s, and Zaxby’s, omit beef from their menus and focus on creative ways to serve chicken. But no one is safe from chicken burnout, and the chains have to continually up the ante to keep even its most loyal fans from becoming bored.

Zaxby’s Has 2 New Limited Time Menu Items

NewsBreak

Why private equity likes restaurant franchisees

Why should franchisees take private-equity investments?. This week’s episode of the Restaurant Business podcast A Deeper Dive features Mike Esposito, the cofounder of Franchise Equity Partners....

Why private equity likes restaurant franchisees

Comments / 0