Pepperlot, an online marketplace for restaurant real estate, has launched at pepperlot.com. According to the Los Angeles-based company, the platform is open to brokers, agents, landlords, tenant representatives, and restaurant operators across the US. Brokers and...
The Wendy’s Company (NASDAQ: WEN) is planning to close hundreds of its US-based fast-food eateries to help steady the company’s financial strength. In an earnings call on Friday with financial analysts, Interim CEO Ken Cook said a “mid-single-digit percentage” of the...
Two months after filing for bankruptcy, Hooters of America is closing more than 30 of its company-owned restaurants across a dozen states. Verdict Food Service reports the company is seeking to address its $376 million with the sale of its corporate-owned restaurants...
The fast casual restaurant chain Shake Shack (NYSE: SHAK) is expanding into Central America through a partnership with Grupo Attie-Multifood Enterprises. The company announced it will enter this region with 12 eateries to open across Panama over the next 10 years,...
Jack in the Box Inc. (NASDAQ: JACK) is planning to close between 150 and 200 underperforming restaurants and has begun exploring the divestiture of its Del Taco brand. The company’s announcement is part of what the San Diego-based company called its “Jack on Track’...
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