The Bottom Line: The closure of On the Border is the latest in a long line of challenges with the sector, which has been hurt by years of competition from limited-service brands like Chipotle.

The Bottom Line: This week’s edition of the weekly restaurant finance newsletter looks at more reports on weak fast-food traffic and consumer spending intentions.

Marketing Bites: New data from Numerator finds that consumers prefer the time-saving convenience of such meals, in addition to the value perception.