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Financing

California's fast-food bill will affect more companies, but not many

 By Jonathan Maze on Sep. 19, 2023

The Bottom Line: Fewer than 200 restaurant chains will be affected by the lowered threshold included in the compromise fast-food legislation.

Workforce

The impact of the fast-food wage compromise in California won't be limited to fast food

 By Lisa Jennings on Sep. 18, 2023

Limited-service restaurants may have avoided an existential threat, but a $20 per hour minimum is expected to have a profound impact on wage rates across all segments and up the salary ladder.

Financing

McDonald's franchisees are angry over the California compromise

By Jonathan Maze on Sep. 15, 2023

Some operators say they were left out of discussions on a matter that could hurt per-store cash flow by $250,000 in the state. But the company said the deal will protect the franchise model without a costly fight.

Financing

California fast-food restaurants are about to get hit with a huge wage hike

By Jonathan Maze on Sep. 14, 2023

The Bottom Line: Fast-food restaurants will have to pay $20 an hour under a compromise reached this week. How will operators pay for it?

Financing

Domino's franchisee profits are recovering this year

By Jonathan Maze on Sep. 14, 2023

Price increases and slowing inflation have combined to improve cash flow among the pizza chain’s operators this year.

Financing

Boston Market is reopening its N.J. restaurants

By Jonathan Maze on Sep. 12, 2023

The state has lifted its stop-work order, saying that employees have been repaid. Restaurants are expected to reopen this week as deliveries come in.

Financing

Why would Roark Capital buy Subway?

Sep. 12, 2023

Technomic's Take: The sandwich chain has been shedding locations since 2016. But the brand may be poised for a sustained turnaround.

Financing

Corner Bakery employees thought they had a savior. They got something else

By Jonathan Maze on Sep. 12, 2023

Jay Pandya took over Corner Bakery during the pandemic in 2020. He demanded tough cost cuts, and refused to pay bills. Employees left in droves. Workers were locked out of stores. And the company’s lender accused him of using the company as a “piggy bank.”

Financing

Struggling Clean Juice franchisees beg out of the system

By Jonathan Maze on Sep. 11, 2023

Nearly 40% of the chain’s locations are taking the company to arbitration in a bid to get out of their franchise agreement, saying they’re losing hundreds of thousands of dollars.

Operations

McDonald's is getting rid of its self-serve drink stations

By Jonathan Maze on Sep. 11, 2023

The burger giant is ditching self-serve soft drinks by 2032 to “create a consistent experience” across its different ordering channels.

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