OAK BROOK Ill. Both Wells Fargo Restaurant Finance and U.S. Bank said this week they had each developed financing programs for McDonald’s U.S. franchisees. Both lending programs will include financing options...
DALLAS Dave & Buster’s Inc., parent to 52 dining and entertainment locations, said fourth-quarter income was cut by more than half, as sales, especially for corporate special events, deteriorated late last year. ...
CHICAGO —Restaurant industry merger-and-acquisition activity this year will be driven largely by financially distressed companies looking for buyers or sponsors as chain...
The days of easy money may be over, but funds are still available for operators acquainted with and ready to play by the new rules of the game.Despite the abysmal lending environment, operators with concrete plans...
NEW YORK Weakened credit profiles and the sustained U.S. recession continue to make access to capital difficult and more expensive for restaurant companies, a new report from Fitch Ratings said. Those...
ATLANTA Consumers seem to be getting hungry. According to new data from Atlanta-based RBC Capital Markets, fewer consumers plan to cut back on restaurant spending in the next three months and a larger number...
MARYVILLE Tenn. Ruby Tuesday Inc. has been the poster child for all the woes of casual dining for the past two years. That may have come to a halt this week. The company, which operates or franchises 902...
HOUSTON Mexican Restaurants Inc. has sold its six-unit La Senorita chain to Hacienda Mexican Restaurants for $2.6 million. The company said Tuesday that proceeds would be used to pay down corporate debt...
NEW YORK The recent rally in restaurant stocks and a trickle of more upbeat economic data have some observers thinking the industry has already suffered the worst of this recession’s hits. ...
The third time may be the charm for restaurant owner Charlie Green.After being rejected twice in recent months for a Small Business Administration loan, he’s set to apply again just as the federal government has...
