SBA data confirms that the current Restaurant Revitalization Fund can’t meet demand
Getty Images
The SBA has already received requests for $8.14 billion from businesses with under $500,000 in revenues (far surpassing the $5 billion set aside for this group.)
Read more >>
Roark Capital acquires Nothing Bundt Cakes
The Inspire Brands and Focus Brands majority investor has acquired the 390-unit bundt cake bakery.
Read more >>
Chick-fil-A is the latest to face supply chain issues as it limits its famous sauces
The quick-service restaurant brand is restricting sauces to one per item at some locations.
Read more >>
Arby’s Corporate chef Neville Craw on the new crinkle cut fries and the magic of sous-vide
The brand’s culinary vice president shares how to balance flavor and function.
Read more >>
Wendy’s outlines suite of design options as it ramps up development
From dark kitchens and drive-thru-only units to Frosty treat carts and parking-lot transaction centers, the burger company offers wide menu of unit styles.
Read more >>
Chick-fil-A to launch new delivery-only concept later this year in Nashville
The quick-service chain has also acquired a trademark for a new wing restaurant.
Read more >>
Shipley Do-Nuts names new CEO, operations chief
Shipley Franchise Co.
Franchise company names Clifton Rutledge to top post, Hank Simpson as COO.
Read more >>
Burger King to debut new chicken sandwich nationwide on June 3
Hand-breaded Ch’King will be offered with free Whopper when ordered on app or website.
Read more >>
Coffee Bean & Tea Leaf names Sanjiv Razdan president of Americas and India
Chain veteran to expand beyond California stronghold and amplify omnichannel presence.
Read more >>
McDonald’s is raising pay at company-owned U.S. units
Burger brand raising the range for entry-level workers to $11-$17 an hour and shift managers to $15-$20 an hour.
Read more >>
