As major chains shuttered across the country, the coronavirus outbreak may have cost China's retail and foodservice sectors from 20% to 80% during the Lunar New Year week, representing a fall of $31 billion to $124 billion, according Rabobank.read more
Eight large private equity-backed grocery chains have announced bankruptcies since 2015, compared with three that weren't owned by private equity, according to data from S&P Market Intelligence and PitchBook Data Inc.read more
Restaurant Brands International (RBI) reported system-wide sales growth of 9.9% in fourth quarter, driven by a 42% increase in sales at Popeyes—its smallest segment.read more
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