December 2016

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Papa Murphy's CEO Resigns, Jean Birch Named as Interim CEO

Papa Murphy’s is in the midst of a management shakeup.

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Bank of America Merrill Lynch Restaurant Analyst Joe Buckley Dies at 62

It’s with sad news today we learned of the death of Joe Buckley, Bank of America Merrill Lynch’s restaurant analyst. Joe was recognized by those in both the restaurant industry and securities business as one of the top restaurant analysts. Restaurant industry consultant Malcolm Knapp said it best of Joe: “He was a guy of great integrity and honor.”

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SunTrust, J.P. Morgan Lead 194-Unit GPS Hospitality Acquisition

GPS Hospitality adds nearly 200 additional restaurants in a transaction lead by SunTrust and J.P. Morgan.

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Flat Commodity Outlook Means Further Grocery Competition

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ApplePie Capital gets $16.5 Million in Series B, $180 Million in Loan Capital

ApplePie gets a fresh infusion of $16.5 million from QED Investors and Fifth Third.

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Why McDonald's Offers the McRib Sometimes, But Not All Of The Time

Commodity costs play an important role in the profit or loss of a restaurant. We think restaurateurs should follow McDonald’s lead. Do the simple math, buy certain commodities only when they are favorable to your restaurant business. An article by Jonathan Newman of the Mises Institute hammers our point home with, love it or hate it, the McRib.

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Consumer Confidence Surges, But Restaurant Traffic Down 3.3% in November

Consumers are beaming about the economy, but they’re still not going to restaurants.

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Howard Schultz’s New Project: The 4X Starbucks

Starbucks shocked investors when it announced CEO Howard Schultz would be stepping down in April to play the mad scientist in the company’s high-end locations.

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