Features, News & Blogs
Good news: Restaurant sales, unit growth, financing upThe U.S. restaurant industry is experiencing an uptick, with mergers and acquisition activity up to $3.9 billion, from $3.7 billion last year. According to the 23rd edition of the Chain Restaurant Industry Review, released today at the Restaurant …
Balboa Capital, a provider of franchise financing in the U.S., announced it has been named as a preferred lender for Papa John's current and prospective franchisees nationwide. Balboa Capital will provide tailored financing solutions for furniture …
Long Island, N.Y.-based SKINNYPIZZA has signed an exclusive deal with Mogull Realty for multiunit expansion into Manhattan. SKINNYPIZZA is a concept that features thin and crispy pizza using no preservatives or additives. Kim Mogull, founder and CEO …
PizzaRev, an artisan pizza concept based in Los Angeles, today announced that Buffalo Wild Wings has taken a minority position in its new concept. Terms of the deal were not disclosed. "The PizzaRev team is thrilled to have Buffalo Wild Wings as an …
Retail’s perpetual food cost advantage over QSRIt's not talked about much, but retail grocery has a perpetual food-cost advantage over the QSR restaurant industry. Food Cost Inequity The disparity is called "Buy-by-the-Pound and Sell-by-the-Pound" (Retail) vs. "Buy-by-the-Pound and Sell-by-the …
PeopleMatter announced it has closed a $19-million growth round of capital led by Scale Venture Partners, based in California. According to PeopleMatter CEO and president Nate DaPore, this additional capital will be used to accelerate the company's …
Driven by a more optimistic outlook among restaurant operators, the National Restaurant Association's Restaurant Performance Index (RPI) rose to its highest level in five months. The RPI — a monthly composite index that tracks the health of …
The Franchise Business Index (FBI), an index of the economic health of the U.S. franchising industry, increased by 0.7 percent in January as nearly all components showed improvement. The International Franchise Association's index rose to 109.7 …
Papa Murphy's Pizza's partnership with Directed Equity to provide funding for qualified franchise candidates led to the chain's record growth in 2012. "Even in this difficult lending environment, banks have an appetite for a quality brand with a …
OLO, a digital commerce engine for restaurants, announced a $5 million dollar Series B financing from PayPal and existing investors. The New York-based company is hiring as it aggressively scales operations for 2013. OLO allows customers to order …
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