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Financing

Savory Fund invests in a hot chicken chain

 By Jonathan Maze on Nov. 02, 2023

The Utah-based private equity firm has taken a stake in the 11-unit Houston TX Hot Chicken.

Financing

Starbucks plans more stores and more technology

 By Jonathan Maze on Nov. 02, 2023

The Seattle-based coffee giant believes it has plenty of room to add more stores in the U.S., but it also believes that efficiencies can cut $3 billion in costs over the next three years.

Financing

Taco Bell and KFC International fuel Yum Brands

By Jonathan Maze on Nov. 01, 2023

Same-store sales at Taco Bell rose 8% in the third quarter while sister chain KFC continued to aggressively open new units around the globe.

Financing

Why remodeled restaurants give McDonald's a big advantage right now

By Jonathan Maze on Oct. 31, 2023

The Bottom Line: The burger giant remodeled just about all its locations between 2017 and 2020. That has given the company a leg up on competitors at a time when financing is simply not that available.

Financing

Digital, marketing and price hikes lift McDonald's sales

By Jonathan Maze on Oct. 30, 2023

The burger giant’s U.S. same-store sales rose 8.1% last quarter and its earnings increased more than expected. The company cited better execution inside its restaurants.

Financing

Pollo Tropical's new owner is content with keeping it in Fla.

By Jonathan Maze on Oct. 30, 2023

Authentic Restaurant Brands completed its acquisition of the chicken chain. Here’s why the company is keeping its focus local as it takes over.

Marketing

Domino's is giving away pizzas to people with student loans

By Jonathan Maze on Oct. 26, 2023

The chain is giving $1 million worth of free pizzas to people who have to start paying student loans again.

Marketing

The 'Taco Tuesday' trademark battle is officially over

By Jonathan Maze on Oct. 25, 2023

The bar that owned the registration in New Jersey gave up its hold on the phrase, officially ending Taco Bell’s campaign to “free” the trademark.

Financing

Investment firm buys the owner of TCBY and Mrs. Fields

By Jonathan Maze on Oct. 25, 2023

Pearl Street Equity, a family office, is acquiring Famous Brands, the Salt Lake City-based owner of the yogurt and cookie chains.

Financing

Andy Wiederhorn wants to buy more snacks

By Jonathan Maze on Oct. 24, 2023

The chairman of Fat Brands, which owns several chains including Great American Cookies and Pretzelmaker, is targeting strategic acquisitions, particularly those that will help occupy a plant in Atlanta.

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