“As the owner of a couple restaurants, I can tell you that companies like Darden and Chipotle are now taking share from empty storefronts,” the “Mad Money” host said. Source linkContinue Reading
Restaurant stocks are back on investors’ menus as the reopening trade gains momentum. Matt Maley of Miller Tabak says he’s watching Starbucks. Source linkContinue Reading
Shares of Barbeque-Nation Hospitality fell 2% in their market debut on Wednesday, after the casual dining restaurant chain raised about Rs 4.53 billion through an IPO Source linkContinue Reading
Chipotle Mexican Grill said it plans to accelerate its Canadian expansion over the next 12 months. Source linkContinue Reading
Olo, which makes online ordering software for restaurants, saw shares soar 39% in its public market debut on Wednesday. Source linkContinue Reading
“We’re sticking by May. We want to get everything right,” CNBC’s Jim Cramer said Monday. “I think a rush to open is a mistake.” Source linkContinue Reading
Restaurants and bars gained 286,000 workers in February, the latest sign that the industry’s recovery is on the horizon after a long, cold winter. Source linkContinue Reading
A new CDC study published on Friday found that local mask requirements and limited dining at restaurants can help reduce the spread of Covid-19. Source linkContinue Reading
Minority-owned private equity firm Corlex Capital is partnering with former NBA center Theo Ratliff to raise money for restaurant franchising. Source linkContinue Reading
Super Bowl Sunday drives sales for pizza and chicken wing chains, two of the big winners of the Covid pandemic. Source linkContinue Reading