Investments Blog
Brucci’s Pizza at Hodges Point Plaza shuts down
Today, Buddy Gray will close his Brucci's Pizza restaurant that grossed $1.5 million annually.
Gray said inflation including utilities, natural gas and rent were key factors in closing his New York-style pizzeria that also served pasta dishes, beer and wine.
It was the last Brucci's in Northeast Florida. All other locations have been closed.
“My rent, to operate in a 2,942-square-foot building, was $7,860 per month,” Gray said.
“The rising cost of food was also a factor. We looked at the…
Appeals court partially overturns 3CDC, Panino restaurant lawsuit; sends it to jury trial
An appeals court partially reversed a Hamilton County judge's ruling on a legal battle between 3CDC and restaurant Panino, saying a jury should decide the fate of the case.
Self-ordering kiosks, robot servers join the restaurant technology scene
Like their national franchise competitors, independent restaurants are looking to technology to supplement staffing shortages.
Two-story ‘multi-restaurant facility’ proposed in Cow Hollow
The firm is eying a 14,000-square-foot building for on-site dining and multiple restaurants.
Prolific Triad chef hopes to open Indian fusion restaurant in downtown Winston-Salem early in 2023
Freddy Lee is a partner with his brother Terry, in Bernardin's, Bleu, Cibo Trattoria, and Cowboy Brazilian Steakhouse in Winston-Salem as well as a Bernardin's location in Charlotte and Bluefin Seafood in Columbia, South Carolina.
General Mills and IHOP are making a TikTok-inspired cereal
General Mills Inc. and IHOP are teaming up to bring a viral TikTok trend to life in their new brand of cereal, IHOP Mini Pancake Cereal – Blueberry & Syrup.
What started in April 2020 as video portraying Sydney Melhoff pouring milk into a bowlful of tiny pancakes, soon inspired the trend #pancakecereal with other TikTokers making cereal out of various foods and pastries and generating billions of views.
“As a leader in breakfast and pancakes, IHOP tapped another breakfast hero, General…
Restaurant Roundup: Asian-inspired concept coming to East Nashville; Jeff Warne to lead California Pizza Kitchen
East Nashville will soon have a wood-fired, Asian-influenced restaurant, California Pizza Kitchen taps Nashville restaurant industry veteran as CEO and more.
Nida’s Thai on High closing its Short North restaurant this month
Nida’s Thai on High will close its restaurant at 976 N. High St. Dec. 17 after 14 years of business in the Short North.
Owners Nida and Chris Perry will continue to operate their North Market location, which serves sushi and Thai dishes, but the challenges of running a full-service restaurant got to be too much, the couple said in a Facebook post.
“It is extremely difficult to call it quits, but Thai food is not easy to make and make well,” they wrote. “Given the challenges, especially…
Downtown Boston restaurant and club to close
The downtown Boston restaurant and club Good Life will be closing its doors, a decision made as the office-heavy neighborhood is still struggling to adapt to work-from-home changes.
Applebee’s, IHOP parent to buy Fuzzy’s Taco Shop
Dine Brands Global will purchase the fast-casual Baja-inspired restaurant.