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Financing

McDonald's franchisees, and their attorney, push back against proposed California joint employer rules

 By Jonathan Maze on Jul. 05, 2023

An independent group of the chain’s operators blasted a proposed rule in that state that would make fast-food franchisors liable for franchisees’ employment law violations after a union-backed group hinted their attorney favors them.

Financing

As it nears a sale, Subway touts its international recovery

 By Jonathan Maze on Jun. 30, 2023

The sandwich giant over the past two years has signed deals that would add more than 9,000 restaurants internationally, turning around a business that was surprisingly weak.

Leadership

Sean Tresvant named Taco Bell CEO

By Jonathan Maze on Jun. 29, 2023

The Mexican fast-food chain’s chief brand and strategy officer will take over the top job on Jan. 1 for Mark King, who is retiring.

Financing

Cava, Subway and Darden rescue a boring M&A market

By Jonathan Maze on Jun. 27, 2023

The Bottom Line: Restaurant M&A has been slow for the past year and a half thanks to inflation and interest rates. Could these deals change its course?

Financing

The tragedy of Dominik Mendoza

By Jonathan Maze on Jun. 27, 2023

In 2022, the Quiznos franchisee opened a new prototype for the chain and signed an extensive development agreement. Less than one year later, he took his own life. For his widow, the problems were just beginning.

Financing

Why Taco Bell thinks it can get just as big as McDonald's

By Jonathan Maze on Jun. 27, 2023

The Mexican fast-food chain, the nation’s fourth-largest restaurant brand, believes there’s “no reason” it can’t have the same number of restaurants in the U.S. as the Golden Arches.

Marketing

Taco John's fires back in 'Taco Tuesday' tilt

By Jonathan Maze on Jun. 26, 2023

The company said that Taco Bell’s effort to cancel its registration is designed “to sell more tacos” and cause Taco John’s “to sell less tacos.”

Financing

Firehouse Subs takes its sandwiches to Europe

By Jonathan Maze on Jun. 22, 2023

The sub chain opened its first location outside of North America, in Zurich. And it has a development deal in Mexico, making the chain’s first major forays into international markets under Restaurant Brands International.

Financing

Restructuring gives control of Checkers to its lenders

By Jonathan Maze on Jun. 20, 2023

Arbour Lane Capital Management, Garnett Station Partners and Guggenheim Investments are taking majority ownership in a deal that will cut back on the fast-food chain’s debt.

Financing

The largest sandwich chains in 2022

Jun. 20, 2023

Here are the largest sandwich chains in the country based on sales, according to the Technomic Top 500 Chain Restaurant Report.

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