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Log In / Register | Nov 29, 2014

Lenders Stall Radio Shack Plan to Close 1,100 Retail Stores

Radio Shack’s, RSH, plan to shutter 1,100 underperforming electronic retail stores across the country is now delayed as talks break down with some lenders.

Popeyes Gets N California and Minnesota Markets Due to Unreliability of KFC Corp

KFC logo taken by BMM
photo of KFC sign by BMM

KFC tried to rid itself of a 28-unit California and Minnesota franchise. Now it has its wish but not the way it wants.

Real Mex Files Bankruptcy

Chevys and El Torito are part of Real Mex holding groupSun Capital continues to implode.

Round Table Pizza Files Chapter 11

Round Table Pizza, the 500 unit, privately held pizza coop, filed  for Chapter 11 reorganization Wednesday. The company could not pay down a $30M balance on a initial $65M line of credit negotiated with GE Capital and Prudential in 2006 as required.

GE Financing Standards for 2010

I attended the 2010 UCLA sponsored Chain Restaurant Operators Conference yesterday. The GE Capital Finance representative indicated with me the change of GE's 2010 game rules in financing restaurants.