August 2017

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Union Square Fund Enables Operational ‘Cross Pollination’

Union Square Hospitality Group has a new fund with a little twist for portfolio companies: being plugged into the Danny Meyer empire.

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Restaurants Still Drive Culinary Excitement, Experimentation

How often do you make a donut burger at home, or perhaps craft a mac and cheese donut?

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7-Eleven, Albertsons Add to the List of Existential Threats

A pair of developments mean there will soon be even more existential competition for the restaurant industry.

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How Did Denny’s Do It?

There’s a lot of talk about turnarounds these days. Some say casual dining is just dead while others think they’ve cracked the code one quarter only to find a new scapegoat the next. But Denny’s made it work.

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August Continues Ugly Restaurant Trends

Even before Harvey slammed Texas, August continued an ugly trend for the restaurant industry.

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Houston ‘Open for Business’ but Restaurant Recovery Could Be Rocky

By now, much of the worst flooding is over in Houston proper, but Irma and Jose may deliver another one-two punch to restaurant operators in the Southeast.

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With Bruegger's, JAB Now Controls $7.2 Billion of U.S. Breakfast

The Luxembourg-based private equity giant JAB grabs yet another chunk of the breakfast day part.

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Bridg gets $11 Million in Series B Funding

Bridg, a one-to-one marketing firm that gleans data from credit card transactions, is set to grow further with a new round of funding.

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Inside an Open-Book Accounting Huddle at Miss Kim's

“What is your spirit vegetable?” This isn’t a question that kicks off many financial meetings. But at Miss Kim’s, the newest addition to the Zingerman’s family of restaurants in Ann Arbor, examining the P&L is no dull or secret affair.

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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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