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First Watch, Advent Pursue ‘Thoughtful Growth’ after Acquisition

One of the largest global private equity firms now has a majority stake in First Watch.

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When Is Shake Shack Open? Ask the Bot

Shake Shack is tapping into a chatbot to solve the pesky problem of digital customer service.

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Bobby Flay and Now Fatburger: Did BANQ Crack the Mini-IPO Code?

The news of Bobby Flay’s Bobby’s Burger Palace looking to go public and now FAT Brands close on its heels are intriguing developments for the restaurant finance world, but they might not have been possible without one man’s efforts.

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Time Running Out for CFOs to Adopt New FASB Standard

There are some big changes coming to the accounting department, and many companies have been slow to react.

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B-Dubs Express Opens as Buffalo Wild Wings Attempts to ‘Stabilize’

While it’s not going to be an elixir for investors agonizing over Q2, B-Dubs Express aims to meet the consumer where they want to be.

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Roark Acquires Passion, Authenticity at Jim ‘N Nick’s Bar-B-Q

The Roark team must have a soft spot for the name Jim. In its latest restaurant acquisition, the private equity firm acquired Jim ‘N Nick’s Bar-B-Q.

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Flynn Continues ‘Perfect Diversification’ Play With Acquisition of 34 Panera Locations

Greg Flynn and the Flynn Restaurant Group have picked up another 34 Panera Bakery-Café locations.

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Hashim ‘Humbled’ as NRD Closes Second Franchise Fund

NRD Capital Management completed fundraising for NRDP II, the second fund under storied multi-unit franchisee Aziz Hashim.

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To Avoid Supply Chain Games, Track, Record and Shop

When a shipment of kosher salt is $26 and the next order is $46, it’s not commodities or a dire salt shortage; it’s just the typical supply chain games.

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Monitor 200 Adds $2.9 Billion in Revenue, 1,817 Restaurants

While it’s getting harder to get on the coveted Monitor 200 list, these A-list companies are getting better every day.

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Ray Kroc, Not the Founder, but a Financial Engineer

The 52-year-old paper cup and multi-mixer peddler suffering from diabetes and arthritis made it all happen once he discovered the high-volume McDonald’s hamburger stand in San Bernadino, CA in 1954.

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Punch Bowl Social Set to Strike with L Catterton Partnership

Punch Bowl Social is poised for a new phase of growth with an investment from L Catterton.

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Test Suggests Delivery Apps Provide Incremental Sales, not Cannibalization

As larger and larger players explore delivery, the nagging question of whether it’s an incremental advantage or a margin killer keeps coming up.

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Department of Labor Dials Back Murky Joint-Employer Guidance

The past few years of joint-employer news has been “bad, bad and more bad.” But a new note is a small step toward clarity on the issue.

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McAlister’s Leans on Shared Services, Off-Premise After 400-Unit Milestone

When Paul Macaluso took over as president of McAlister’s Deli, he didn’t have a big learning curve, but maintaining the trajectory of the growing sub concept did mean a few tweaks.

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