Finance

The board has formed a special committee to review the proposal.

In a 10-Q SEC filing, the restaurant company acknowledged ‘significant adverse developments with respect to the business and liquidity’

Fund previously exacted changes at Shake Shack and Del Frisco’s Restaurant Group

The agreement comes shortly after the company settled a lawsuit with a shareholder and announced it is undergoing a ‘strategic review process’

The second quarter was an important litmus test for restaurants with a footprint in California, as it marked the first reporting period following the state's 25% wage increase.

Niccol will also be earning an annual salary of $1.6 million, with the possibility of up to $7.2 million in cash, and possible annual equity awards of $23 million

Franchise operator adds New Jersey and Pennsylvania markets, now has 277 units of burger brand in 6 states and D.C.

July’s food-away-from-home index rose 0.2%, compared to 0.4% in both June and May.

Affiliate of 3G Capital Partners is exchanging limited partnership units for common shares

With Laxman Narasimhan out as Starbucks CEO, Brian Niccol has an opportunity to bring his winning Chipotle record to the struggling coffee chain