McDonald’s Corp. (NYSE:MCD) has announced plans to open over 200 new restaurants across the UK over the next four years, a $1.3 billion investment with the goal to create over 24,000 jobs. The new initiative is part of the “McDonald’s at 50” endeavor that highlights...
BurgerFi International (NASDAQ:BFI), the parent company of BurgerFi and Anthony’s Coal Fired Pizza, acknowledged that it is undergoing “significant adverse developments” that could result in a bankruptcy filing and the shuttering of its eateries. The 102-unit...
Commercial real estate brokers representing restaurant clients might be interested to learn that Cilantro Taco Grill, the Mexican fast-casual chain, has signed agreements with six different franchise groups and an area rep agreement to open 110 units across...
State legislatures fighting against property taxes, a California restaurant chain closing eateries and a stock market for Texas. From the wild and wooly world of real estate, here are the Hits and Misses for the week of June 3-7. Hit: Saying No to New Taxes. The...
The financially ailing Red Lobster restaurant chain is closing 48 of its 650 U.S. locations. Reports surfaced last month that Red Lobster was considering a Chapter 11 bankruptcy filing, but to date the company has not pursued this strategy. Thai Union Group acquired...
Pending Home Sales Hit Lowest Level Since 2014 as Contract Cancellations Su…
