OPINIONFinancing

Steak and Ale comes back from the dead, 16 years later

The Bottom Line: Paul Mangiamele has vowed to bring the venerable casual-dining chain back for more than a decade. He finally fulfilled that promise. Here’s a look inside.

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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.

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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.

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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.