A Pizza Hut restaurant is set to open on July 2, 2020 in Plano, Texas, USA. Dan Tian | Xinhua News Agency | Getty Images Pizza Hut will close up to 300 locations as part of a deal between the Yum Brands chain and its largest American franchisee, NPC International. …
Read More »Bloomin ‘Brands CEO Says His Beef, Seafood Costs Are Actually Falling
The CEO of Bloomin ‘Brands, the parent company of restaurant chains like Outback Steakhouse and Bonefish Grill, told CNBC on Friday that it is not experiencing an increase in food costs, but that the costs of beef and Seafood “has been an opportunity” during the pandemic. “There was some concern …
Read More »Restaurant chains that received millions in PPP loans during the coronavirus crisis
A statue of a horse stands at the entrance to a PF Chang restaurant in Schaumburg, Illinois. Scott Olson | fake pictures Large restaurant chains received millions in loans from the Paycheck Protection Program, according to data released Monday by the Small Business Administration and the Treasury Department. Companies in …
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