Posts Tagged ‘Industry Spotlight’
Fat Brands, burdened with heavy debt, declares bankruptcy
The owner of Fazoli’s, Round Table Pizza and several other brands is seeking Chapter 11 debt protection. The company’s whole business securitization was “starving the business.” Fast-food restaurant chain collector Fat Brands declared bankruptcy on Monday under a mountain of debt and after it was unable to come to an agreement with its bondholders. The…
Read MoreDenny’s completes $620M sale following shareholder OK
The acquisition by TriArtisan Capital, Yadav Enterprises and Treville Capital takes the diner chain private for the first time since 1997. Denny’s stock is officially off the market. The diner chain on Friday completed its sale to a group consisting of TriArtisan Capital Advisors, franchisee Yadav Enterprises and Treville Capital Group, making it a privately…
Read MoreKey tailwinds for the restaurant industry in 2026
While the expectation is modest growth, some factors such as lower gas prices, tax cuts, and the FIFA World Cup could provide a much-needed boost During a recent interview at the annual ICR Conference in Orlando, William Blair analyst Sharon Zackfia said that although the industry saw some improvement in December compared to a curveball-filled…
Read MoreTGI Fridays unveils expansion plan, targets 1,000 locations by 2030
The casual dining chain’s global expansion will be led by Phil Broad, who worked as TGI Fridays UK managing director from 1997 to 2001. Casual dining chain TGI Fridays has unveiled a new expansion plan as it seeks to scale the business substantially over the rest of the decade. Under its “1-2-3 Strategic Vision”, the…
Read MoreMcRib lawsuit says McDonald’s misled customers on what’s inside
McDonald’s is facing a federal class action lawsuit alleging that its popular McRib sandwich misleads consumers about what is inside the bun. The complaint, filed in December 2025 in the US District Court for the Northern District of Illinois, challenges the way the McRib has been marketed and presented to customers. Plaintiffs argue that the…
Read MoreHuddle House gets a new Brand President
Bob Campbell was introduced as brand president for Huddle House, a diner-style restaurant chain. Bob Campbell 1Campbell’s restaurant industry career includes “a long-standing tenure with Georgia-based Taco Mac, where he began as a franchisee in 1997, opening his first restaurant in Alpharetta, Ga.,” per a company release. He went on to develop three additional locations…
Read MoreVicious Biscuit Jumps into 2026 with Business Momentum
Vicious Biscuit, the Southern-made originator of bold biscuit creations and the rising fast-casual breakfast rebellion, closed out 2025 with momentum across development, menu strategy, digital engagement, and leadership, positioning the brand for disciplined, accelerated growth in 2026. By year-end 2025, Vicious Biscuit reached 11 total locations systemwide, including the December opening of its first Indiana…
Read MoreMenu prices register fastest monthly growth since October 2022
New federal data shows that full-service meals rose 4.9% year-over-year, while limited-service meals were up 3.3% in December The Consumer Price Index increased 0.3% on a seasonally adjusted basis in December, according to data reported by the United States Bureau of Labor Statistics Tuesday. Throughout the past 12 months, the index increased 2.7%, which was…
Read MoreFat Brands’ debt negotiations could take a while
The CEO of the owner of Round Table Pizza and Fazoli’s called the process for renegotiating its debt “painful and slow” and that he is trying to resolve it “out of court.” Do not expect a resolution to Fat Brands’ debt problem anytime soon. Andy Wiederhorn, the CEO and majority owner of the restaurant chain…
Read MoreRestaurants made up over half of new U.S. jobs in December
The industry added 27,200 positions during the month, out of 50,000 total nationwide New data released by the Bureau of Labor Statistics Friday morning shows that 50,000 positions were added to the United States economy in December, which was markedly lower than the Dow Jones estimate of 73,000 jobs. However, the unemployment rate fell to…
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