Dave Shula Returns as President of Shula's Restaurant Group
Dave Shula rejoins Shula's Restaurant Group as president, leading growth into Palm Beach Gardens and a 2027 Thomasville, Georgia expansion.
Sep 23, 2026
Dave Shula rejoins Shula's Restaurant Group as president, leading growth into Palm Beach Gardens and a 2027 Thomasville, Georgia expansion.
Sep 23, 2026
McDonald's commits $8.5 billion through 2036 to modernize restaurants, boost cash flow by $100,000 per store, and grow chicken and beverage sales.
Sep 23, 2026
WKS Restaurant Group promotes Jay Spongberg to president and COO after he helped grow the company from 65 to 382 restaurants over 16 years.
Sep 23, 2026
Smokey Mo's BBQ names Von Dawson, a Dine Brands veteran, as VP of Franchise Development to lead its Texas expansion strategy.
Sep 23, 2026
Meritage Hospitality's Chapter 11 filing pulls 5% of Wendy's U.S. stores into bankruptcy, exposing cracks in franchising's bigger-is-safer bet.
Sep 21, 2026
Jack in the Box names Rachel Ruggeri to its board as Michael Murphy retires, amid a CEO transition and deal with investor GreenWood.
Sep 21, 2026
Improve restaurant Google Maps rankings by optimizing your business profile, selecting accurate categories, gathering reviews, adding photos, and strengthening local relevance signals.
Sep 21, 2026
Restaurant inventory tracking helps owners monitor stock, control food costs, reduce waste, improve purchasing, and make informed operational decisions.
Sep 21, 2026
Restaurant owners can significantly reduce restaurant costs by leveraging technology across inventory, labor, procurement, forecasting, and administrative operations for better profit margins.
Sep 18, 2026
Understand how to forecast restaurant revenue and expenses with methods for sales projection, cost scaling, fixed-cost planning, and risk buffering.
Sep 18, 2026
Unlock Exclusive Access To Webinars, Events, And The Latest News For Free!
Explore the journey of Bar Louie, a restaurant franchise, facing bankruptcy, operational hurdles, and the impact of menu prices on consumer behavior.

Bar Louie's journey from 71 outlets in 2021 to 66 outlets by the end of 2023 reflects a challenging period for the franchise. With only 48 outlets listed on its website, the brand faced a decline in its presence. To boost growth, Bar Louie offered a $25,000 discount on franchising fees in 2023, emphasizing a push towards attracting new franchisees. Despite these efforts, the franchise's Chapter 11 filing marked its second bankruptcy in six years, highlighting the gravity of its financial challenges.

In January 2020, Bar Louie closed 38 unprofitable stores due to diminishing customer traffic, especially in locations within malls and shopping centers. The non-hotel franchised restaurants had been experiencing declining sales even before 2020. The impact of inflation further compounded the situation, leading to increased consumer price sensitivity. Bar Louie's struggles were exacerbated by menu price adjustments in response to inflation, affecting consumer behavior and overall profitability.
In a bid to revive its fortunes, Bar Louie implemented various strategies, including price changes, data-driven promotions, and cost-saving measures. Despite these efforts, the restaurant-level EBITDA continued to deteriorate, indicating ongoing challenges. The chain's attempts to restructure and market itself before filing for bankruptcy were unsuccessful, pointing to the complexities of the competitive restaurant industry and the evolving consumer landscape.
Facing mounting financial and operational pressures, Bar Louie encountered obstacles in its recovery from the impacts of the COVID-19 pandemic. The chain's inability to address underperforming locations and adapt to changing consumer demands underscored the need for strategic decision-making and agility in the restaurant business. As Bar Louie navigates through its restructuring process, its agreement with creditors to sustain operations in 31 corporate units signals a potential path forward amidst the challenges.