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Sarah E. Lockyer

Nation's Restaurant News

Sarah’s Recent activity

Casual dining gets serious
Casual dining gets serious
Oct 05, 2009
Without a single month of positive same-store sales for the sector since 2007, casual-dining restaurants have borne the brunt of the downturn. Operators and experts agree, however, that the largest segment of the...
No free rides
No free rides
Oct 05, 2009
When Granite City Food & Brewery last month unveiled its restructured balance sheet, it was far from traditional.The final deal for a $15 million debt-to-equity swap was inked with the 26-unit casual-dining chain’s...
Analysts concerned over Darden’s slow sales trends
Analysts concerned over Darden’s slow sales trends
Oct 05, 2009
ORLANDO Fla. Editor’s note: Analyze This is a quarterly look at a publicly traded restaurant company that has sparked discussion, for better or worse, among securities analysts. The comments do not necessarily reflect...
Cosi plans $5M rights offering
Oct 01, 2009
DEERFIELD Ill. Cosi Inc., parent of the 144-unit fast-casual chain, filed a registration statement with federal securities regulators for a rights offering to its existing stockholders that could garner the company $5...
NRA survey: Restaurants see brighter days ahead
Sep 30, 2009
WASHINGTON Restaurateurs are still treading rough economic waters, but more foresee calm seas ahead, according to the latest monthly operator survey from the National Restaurant Association. The Association’s...
Reservations site Livebookings secures $16M
Sep 29, 2009
LONDON Livebookings, Europe’s largest online marketing and reservations service for restaurants, secured $16 million in financing this week from venture capital firm Wellington Partners. The company, much like...
Industry’s road to recovery could be long and rocky
Industry’s road to recovery could be long and rocky
Sep 28, 2009
On the heels of Federal Reserve Chairman Ben Bernanke’s statement this month that the recession is “very likely over,” new data from Technomic Inc. shows that restaurateurs may have to wait awhile, perhaps years...
Spicy Pickle closes two deals for $2.9M
Sep 27, 2009
DENVER Spicy Pickle Franchising Inc., the operator and franchisor of the Spicy Pickle and Bread Garden Urban Cafe brands, completed two financing transactions last week, including a private placement of stock and the...
BK to roll out $1 double cheeseburger
Sep 25, 2009
MIAMI The king appears to have spoken. After rumored friction this summer between Burger King Holdings Inc. and its franchisees centering on a $1 double cheeseburger, the Miami-based company announced late Friday...
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