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Why Building Business Credit Should Be a Priority for Your Restaurant

Modern Restaurant Management

They started their first business with cash, but when it came to building The Icy Spot GA, they tapped personal credit for some of their startup costs. The report found operators are spending an average of 34 percent more on food costs compared to last year. “It feels like we have to start over,” said Adams.

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Olo to be sold to an investment firm in $2B deal

Restaurant Business

per share in cash, a 65% premium on the company’s share price as of April 30, before media reports suggested the company was for sale. The sale, which is expected to close by the end of the year, puts Olo into the hands of Thoma Bravo, a massive, software-focused investor with about $184 billion in assets under management. “By

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Private-equity firm acquires Shipley Do-Nuts

Restaurant Business

Franchised brands have been popular targets for investors that prefer their lack of capital spending and cash flow that is less susceptible to recessionary downturns like those of company-run operations. The company was founded in 1936 and is one of the nation’s largest donut brands. Trending Operations Washington, D.C.

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7-Eleven jumps into the summer value wars

Restaurant Business

11, 2025 Facebook Twitter LinkedIn 7-Eleven is among the growing list of retailers and restaurants offering deals to lure cash-strapped consumers this summer. The prices for both restaurant food and food from grocery and convenience stores rose 0.3% Food prices overall are up 2.9% By Heather Lalley on Jun. Sign up here.

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6 Holiday Ideas For Restaurants

SpotOn

For the restaurant industry, it can be challenging to manage. The idea is for your restaurant to reflect the festive spirit while taking into account the realities of supply chain pressures and inflation. With this information, you'll know how many employees to schedule and how many food supplies to order.

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MRM Research Roundup: Experimentation, Valentine’s Vibe Shift, and Wine Cork Market

Modern Restaurant Management

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features news of dramatic Valentine's Day shift, best food scenes, and the evolution of c-store foodservice. As they grapple with rising costs across their supply chain, 71 percent of restaurants plan to increase prices this year.

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How to Read a Restaurant P&L (Profit and Loss) Statement + Free Template

SpotOn

Joe Nicholson was a manager and tech consultant at one of the busiest restaurants in Sacramento, CA—Tower Cafe. Now, as a copywriter at SpotOn, he helps restaurant owners and managers learn how to run a more profitable operation. That could simply be food sales , alcohol , and non-alcoholic beverages. Prime costs.