Thomas Keller keeps finding new projects
The renowned French Laundry chef his new ventures and how he falls into them.
Beer from Fitger’s Brewhouse in Duluth to enter Twin Cities market
Fans of the well-known Duluth brewery Fitger's Brewhouse will soon see its beer in the Twin Cities.
By law, brewhouses can't distribute beers. But after working with a team of lawyers for about two years, Beau Raymond — son of Fitger's owner Rod Raymond — started a new company and will distribute some of Fitger's recipes in cans and kegs throughout the state.
That company is called Duluth Brewhouse and it will begin distributing two beers at liquor stores in the Twin Cities and…
A few minutes talking with … Ari S. Goldberg about investing in craft breweries
Attic Brewing Co., when it opens in 2019, will be Germantown's only craft brewery. Founders are raising money through WeFunder, where investors make 1.5 times what they put in. We spoke with Ari S. Goldberg, founder of investment firm RNMKR, about funding craft breweries.
How this startup found success delivering cold brew coffee
CEO David Belanich dishes on starting out and what it's like to work with brothers.
Mead’s Corner owners say rent is too high to stay in business
A popular downtown Wichita coffee shop appears to be on its way out.
According to a post on the First United Methodist Church Facebook page, the Mead's Corner Coffeeshop at 430 E. Douglas will close in July. The church has operated the coffee shop for nearly 10 years, the post says, but a recent proposed increase in rent led to a decision by the church's board of trustees to close the business.
The shop's last day of business will be July 28, the post says. Its current lease runs through August.…
Kona Grill posts a $2.5 million loss for the first quarter, announces move toward franchising
Kona Grill Inc. (NASDAQ: KONA) is still losing money and announced plans to franchise its restaurant in hopes of turning things around.
On Thursday, the Scottsdale-based grill and sushi bar restaurant chain announced revenues decreased 7.1 percent in the first quarter of 2018 to $42 million, compared to the first quarter of 2017.
For the quarter, same-store sales were down 8.3 percent, which led to a net loss of $2.5 million, or 24 cents per share. While the loss isn’t great, it is better than…
Fast-food roundup: Nestle’s $7.15B deal with Starbucks…Papa John’s posts lower earnings…Calorie counts on menus
Diners like the convenience and affordability of fast-food and fast-casual restaurants, a trend that shows no sign of slowing. Many of these chains have a presence across the country as they continue to expand. Here is a quick look at stories about the leading brands in the industry as recently reported by The Business Journals and other media.
Nestle announced a $7.15 billion agreement with Starbucks (Nasdaq: SBUX) to sell the coffee giant’s consumer and food-service products globally, outside…
Pinnacle invests in local music startup
Pinnacle Financial Partners is branching out.
On Wednesday, Nashville's $23 billion lender announced a minority equity stake in Artist Growth, a Nashville-based music startup. Artist Growth helps entertainment professionals, from musicians to promoters, manage tours within the company's platform.
A Pinnacle spokesman declined to disclose the value of the bank's stake in Artist Growth.
“The industry has changed, and [Artist Growth founder Matt Urmy] is way ahead of the curve with Artist Growth,”…
Regulators green-light Atlantic Coast Bank acquisition
The Federal Reserve Board approved Wednesday Ameris Bancorp's (Nasdaq: ABCB) $145 million acquisition of Atlantic Coast Financial Corporation, allowing Atlantic Coast Bank to be absorbed into Ameris Bank.
The transaction, announced in November, added Atlantic Coast's $913.9 million in assets and 12 banking locations to Ameris, the 159th largest insured depository organization in the country. The transaction received FDIC approval in April.
In allowing the deal to close, the Federal Reserve Board…
Analyst: Fifth Third ‘has lost its sales culture’
Fifth Third Bancorp “has lost its sales culture” that was its calling card for years before the financial crisis, a well-known national analyst told me.