NEW PORT RICHEY, Fla. – The Italian company Ali Group, owner of dozens of professional cooking appliance brands across the world, has made a $24 a share cash offer for Welbilt, a Florida-based maker of brands that include the Manitowoc ice maker and Garland stove. On Tuesday, July 6, 2021MORE HERE
Yangon, Myanmar – In every city, there are dozens of historic local brands that once defined a city, but have disappeared. The challenge is that often they were retail brands named after people or families, and a revival is, seemingly, a bit challenging. The store goes, the city changes, and anMORE HERE
So you want to get in the restaurant business? What an awful time to do it. And you want to open a restaurant without capital? And you are unemployed? Your inner negative “no” says no, and people will laugh at you. You dare not tell that to the bank, orMORE HERE
SAVANNAH – So you want to start a business, and you need a name and an idea. How about looking back, and seeing what companies were prominent in your community, and re-starting the brand? That was the route of Savannah, Georgia based Leopold’s Ice Cream, which was restarted by StrattonMORE HERE
DENVER – Vicorp Restaurants Inc. announced today the sale of the pie restaurant Village Inn to American Blue Ribbon Holdings LLC, a new entity formed by Fidelity National Financial Inc. and Newport Global Advisors. American Blue Ribbon Holdings, LLC will own and operate the Village Inn and Bakers Square restaurantMORE HERE
It is stunning to see the number of restaurants closing, both chain and not chain. We can’t help but to think that commercial real estate brokers are going to have to make some really hard decisions. Do we sit with an empty storefront or out-parcel for three years, or doMORE HERE
Drive Thru Restaurant Analysis? SARASOTA – Here in this retiree mecca, you can get a pretty good indication of the health of America’s restaurants as you drive down our highway strip, Tamiami Trail. Of the chains along U.S. 41, a newly opened Chipotle Mexican Grill (CMG) is packed, and allMORE HERE
Who knew that Arthur Treacher’s Fish and Chips was still around? BrandlandUSA’s Hoosier Stringer Brian K. Stevens tells that was thinking about about Arthur Treacher’s, and found that they are still around. Says Stevens, “There used to be Arthur Treacher’s Fish and Chips all over the Indiana, where I liveMORE HERE
Tips for restaurants in tough times VIRGINIA BEACH – It could not be a worse time for the casual restaurant sector. Chains are going bankrupt, and the ones that aren’t are struggling. Hard times for chains like Steak & Ale and Bennigan’s. And struggles for others like Pizzeria Uno, VillageMORE HERE
The news that the restaurant chains Bennigan’s and Steak & Ale have closed stores and filed for Chapter 7 means that two of the best-known groovin’ 1970s restaurant chains are now, well bankrupt, and many have lost their jobs. But there is a future for these brands. There is valuableMORE HERE