Danville's Red Lobster was one of 93 locations to close suddenly in May. | Photo by Roland Lim
Restaurant Business Exclusive Content
Emerging Brands
How Mr. Pickle's is playing the value game with sandwich sizes
The California-born chain known for Dutch Crunch rolls is borrowing a page from Goldilocks and rolling out a mid-sized sandwich that gives guests a more-profitable reason to visit.
Financing
Two companies learn the hard way that running restaurants is difficult
The Bottom Line: Red Lobster and Topgolf were both acquired by companies outside the restaurant industry. Those companies have learned just how competitive the business is.
Financing
Restaurant buyers have little interest in actual restaurants
The Bottom Line: There is a clear line in what restaurant chain buyers want right now. They want franchisors, not the restaurants themselves.