July 2 - J. Alexander's parent will sell for $220M | Jack in the Box franchisee to buy Taco Cabana for $85M

Jack in the Box franchisee to buy Taco Cabana for $85M; Restaurant Revitalization Fund is closed, portal will be disabled July 14; Red Lobster taps head of Black Box as CEO View online | Signup | Forward

Daily Dive July​ 2,​ 2021 | Today's news and insights for restaurant leaders   BROUGHT TO YOU BY — BentoBox You open the restaurant. We open it online. Establish your restaurant's digital presence with BentoBox, including websites, online ordering, marketing tools and more. Get three months free on select packages for a limited time. Schedule a Demo.   Note from the editor Because the U.S. financial markets will be closed in observance of Independence Day, Restaurant Dive will not publish a newsletter Monday. We'll be back in your inbox with news and analysis on Tuesday, July 6. In the meantime, follow us on Twitter to stay on top of restaurant news and check out our three-part series exploring the industry's current labor crisis and how operators can adapt. We hope you have a restful weekend, and thanks for reading! Best, Emma Liem Beckett Editor, Restaurant Dive Twitter | Email J. Alexander's Holdings sold to SPB Hospitality for $220M The deal between the upscale dining chain and the parent company of Logan's Roadhouse and Gordon Biersch Brewery Restaurant is expected to close in Q4 2021. Jack in the Box franchisee to buy Taco Cabana for $85M Fiesta Restaurant Group sold the brand to YTC Enterprises, an affiliate of Yadav Enterprises. The sale leaves Fiesta with just Pollo Tropical in its portfolio.  Restaurant Revitalization Fund is closed, portal will be disabled July 14 The SBA will hold the more than 265,000 applications that did not receive funding for processing in the order received if the fund is refilled by Congress.  Sponsored Content by Atmosphere The future of bar & restaurant entertainment is better TV Studies show that ambiance plays a key role in customer satisfaction, and can be the motivator for staying longer or coming back again. Red Lobster taps head of Black Box as CEO Effective Aug. 2, Kelli Valade will succeed Kim Lopdrup, who is retiring. She inherits the company after it refinanced the remainder of a $380 million loan in January. Read more news From Our Library Playbook How Restaurants Can Get Ready for the Future of Dining Revel Playbook The Secret Behind the Plant-Based Protein Revolution United Soybean Board Webinar - on demand Digital Transformation: Have Gift Cards Been Left Behind? GiftNow View all resources What We're Reading SFGate Line cooks are at the highest risk of dying from COVID, says UCSF study Eater States Reverse To-Go Cocktail Laws, Putting Restaurants Back in Peril The New York Times Restaurant Delivery Business Holds Strong as In-Person Dining Returns Suggest a story we should read Upcoming Event How QSRs are Innovating with Certainty: A Case Study with Everipe July 14, 2021 - July 14, 2021 | Webinar 2pm ET Dive Into a Topic Beverages Consumer Trends Corporate Delivery M&A Marketing Operations Policy and Regulation Sustainability Technology Share Restaurant Dive: Daily Dive with others and get rewarded. You've referred 0 readers. To become an official Dive Insider, just successfully refer 10 contacts to Restaurant Dive: Daily Dive. Here's your link to share: https://www.restaurantdive.com/signup/insiders/?signup_referred_by=60a5c3aa567ee621a1070bb0

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