FINANCE   JUNE 22, 2021   BEN COLEY   The doughnut chain is offering 26,666,667 shares at a price of $21 to $24 per share. Krispy Kreme hopes to raise between $560 million to $640 million through its IPO, according to an SEC filing. The doughnut chain is offering 26,666,667 shares at a price of $21 to $24…

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HoustonRetail May 6, 2021 Christie Moffat, Bisnow Houston     Drive-thrus were the life raft that kept many fast-casual and quick-service restaurant chains afloat during the most difficult days of the coronavirus pandemic. As major brands continue to come up with new and inventive ways to expand and improve their drive-thru offerings, more traditional dine-in restaurants are also pivoting to incorporate drive-thru…

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ASKING FOR PROOF OF A COVID VACCINATION DOESN’T COUNT AS A DISABILITY-RELATED QUESTION. DECEMBER 2020 BEN COLEY Employers are allowed to require COVID vaccinations and ban employees from the workplace if they choose to opt out, according to guidance from the U.S. Equal Employment Opportunity Commission (EEOC). The American Disabilities Act (ADA) limits an employer’s ability…

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Source:  Retail Dive:  Daphne Howland Dive Brief: In yet another trend accelerated by the pandemic, BOPIS services have surged, with 40% of retailers now offering the service, compared to just a quarter last year, according to an emailed report from omnichannel platform NewStore. More than half (55%) offer in-store returns of online purchases, the firm…

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If the restaurant is facing double-digit reductions in revenue, a decrease in staffing, and no immediate path to recovery, then the operator needs to contact a professional, Webb says. Source: NRN BEN COLEY  October 2020 With colder months ahead and a second wave of COVID-19 predicted by some public health officials, the path forward for…

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Source:  Lisa Jennings for NRN A group of veteran restaurant operators and investors on Friday filed for an initial public offering with the goal of raising $200 million with a new blank-check company that will likely target the restaurant industry, according to filings with the Securities and Exchange Commission. Tastemaker Acquisition Corp. is the latest…

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Source: CNBC / Lauren Thomas/ Amelia Lucas Industry analysts and restructuring experts say another wave of restaurant bankruptcies is looming, as government funds run out and the cooler months roll around, making outdoor dining less viable. “Pre-pandemic, you were already over-saturated with restaurants,” said Michael Jerbich, president of B. Riley Real Estate. “Then the pandemic…

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The chicken chain has had one of the most incredible years in quick-service history. What’s the follow-up? Becoming a household name all over the world. FAST FOOD | AUGUST 2020 | SAM OCHES       POPEYES Is a Popeyes takeover coming? McDonald’s Big Mac. Burger King’s Whopper. KFC’s Original Recipe. Arby’s Classic Roast Beef. Dairy Queen’s Blizzard. The…

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Source: Nations Restaurant News|  Nancy Luna @fastfoodmaven Cracker Barrel Old Country Store is joining the growing list of restaurant chains deleting menu items to simplify operations during the coronavirus pandemic. The Lebanon, Tenn.-based comapny, which reported a 41.7% decline in same-store sales in the second quarter, has streamlined its menu for both guests and employees by…

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