Finance for Restaurants | Food Newsfeed
Continue to Site


Where Do Local Restaurants Stand in 2019?

The independent restaurant scene is always in flux. According to CHD Expert, the segment represents 68 percent of the total U.S. dining landscape. As of October 2017, there were more than 489,900 total independent units (defined as a establishment with fewer than 10 units by this study).

Del Frisco’s Sold to L Catterton for $650 Million

Del Frisco’s has entered into a definitive agreement to be purchased by private-equity firm L Catterton, the companies announced June 24. L Catterton, which is no stranger to the restaurant space with investments in Noodles & Company, Uncle Julio’s, Hopdoddy, Chopt, Anthony's Coal Fired Pizza, and others, is buying the multi-concept restaurant group in an all-cash transaction valued at about $650 million.

Investor Calls for Removal of Red Robin Board Members

Less than a week after calling for the auction of Red Robin, activist shareholder Vintage Capital is pushing for further leadership changes. Vintage, which holds 1.5 million shares or about 12 percent of Red Robin's stock, called for a special meeting of shareholders in order to remove board members in a SEC filing.

Perkins & Marie Callender’s Considering Bankruptcy, Report Says

Hoping for a sale, Perkins & Marie Callender’s is finding the buyer’s market thin, according to a recent report from Debtwire. The parent company of the two brands, which operates 369 domestic Perkins and 48 Marie Callender’s Restaurant & Bakery locations, per its respective websites, launched the sale process February via investment banking firm Houlihan Lokey, the report said.

Ordering and Invoicing 101 for Restaurants

If you own or manage a restaurant, what’s your most important food management technology?Building the best food recipes? Promoting your amazing food and restaurant on Facebook? What about controlling your kitchen’s food inventory?It’s the least sexy part of being a chef or managing a kitchen program, but without efficient inventory, ordering and invoicing controls and processes behind the scenes, it’s difficult to run a successful restaurant.