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The latest restaurant sales trends, deals and investments.

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Savory Fund acquires health food-focused restaurant South Block from its $200M fund

Jan 31, 2024

The Clarendon, Va.-based chain has 15 locations across Washington, D.C., Virginia, and Maryland

What we're expecting from Q4 restaurant earnings

Jan 31, 2024

As January ends, fourth-quarter earnings for the restaurant industry begin. This quarter laps the last quarter of 2022 where winter storm Elliot ravaged the country with blistering cold and snow. That’s compared to the fourth quarter of 2023 where...

Tokyo-based Sushi Ginza Onodera plans U.S. IPO at 1.07 million shares

Jan 30, 2024

The Japanese sushi chain has 13 locations in Japan, China, and the U.S. and plans to raise $8 million

The restaurant industry ended 2023 on a high note

Jan 25, 2024

Traffic growth has been on the rise since September

FAST Acquisition to pay $12.5M to settle Landry’s-deal SPAC litigation

Jan 24, 2024

Delaware chancery court approves investor settlement over special purpose acquisition company breakup fee

NRN editors discuss the Carrols and Burger King deal, how the joint employer rule will impact restaurants

Jan 19, 2024

Plus, hear from Adam Gertler, Würstmacher of Dog Haus

Pinstripes made its official Wall Street debut. Here’s what’s next

Jan 19, 2024

Founder Dale Schwartz is targeting aggressive domestic growth, international growth, and projection mapping for the eatertainment concept.

Grubhub agrees to pay $3.5 million in Massachusetts lawsuit over ‘unlawful’ pandemic-era fees

Jan 18, 2024

Grubhub settled the 2021 lawsuit filed by the state’s attorney general alleging that the company repeatedly violated the Massachusetts 15% fee cap

Nashville-based hot chicken chain Party Fowl files for bankruptcy

Jan 17, 2024

Party Fowl cited continuing pressures from Covid and a ‘snowball of debt.’

Burger King parent company to acquire Carrols Restaurant Group

Jan 16, 2024

Restaurant Brands International is acquiring Carrols, the largest Burger King franchisee in the U.S. with 1,022 locations, for a total enterprise value of $1 billion

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