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All eyes are now on California's fast-food restaurants

 By Jonathan Maze on Apr. 03, 2024

The Bottom Line: It’s not certain yet how the $20 wage will impact chain restaurants. But one thing is clear: Most of the companies affected are small businesses that are already facing profit challenges.

Financing

McDonald's CEO Chris Kempczinski got a raise last year

 By Jonathan Maze on Apr. 03, 2024

But the fast-food chain’s chief executive, who was recently given the chairman title, still makes less than he did two years ago.

Marketing

Papa Johns just introduced a major new marketing platform

By Jonathan Maze on Apr. 02, 2024

The pizza delivery chain is building on its “Better Ingredients, Better Pizza” with a new marketing slogan, “Better Get You Some," along with a campaign featuring Big Boi.

Financing

Delight Restaurant Group buys 65 Wendy's restaurants

By Jonathan Maze on Apr. 02, 2024

The Virginia-based operator acquired the restaurants in Pennsylvania, Ohio and West Virginia, making it one of Wendy’s largest franchisees.

Financing

Big Macs aren't McDonald's real inflation story. Instead, look to the Cheeseburger

By Jonathan Maze on Mar. 29, 2024

While the focus on restaurant menu price inflation has centered on premium items like the Big Mac, it’s in the smaller items, with fewer deals available, where prices have increased most.

Leadership

Swig's CEO is leaving the company

By Jonathan Maze on Mar. 29, 2024

No reason was given for the departure of Rian McCartan. Alex Dunn, managing partner of the beverage chain’s owner The Larry Miller Co., was named interim CEO.

Marketing

McDonald's is taking its Krispy Kreme partnership national

By Jonathan Maze on Mar. 26, 2024

The fast-food giant said it plans a phased rollout of Krispy Kreme doughnuts at its restaurants across the country by the end of 2026.

Financing

McDonald's adds doughnuts, and some uncertainty, to the menu

By Jonathan Maze on Mar. 26, 2024

The Bottom Line: Krispy Kreme gets a massive win with its McDonald's doughnut deal. But the payoff is less certain, and a long way off, for the fast-food restaurant chain.

Food

Chick-fil-A walks back some of its antibiotic commitments, citing shortages

By Jonathan Maze on Mar. 25, 2024

The chicken sandwich chain will serve chicken that hasn’t been treated with human antibiotics, saying it was necessary to maintain supplies for the company's restaurants.

Financing

Restaurants lost customers and sales at the end of last year

By Jonathan Maze on Mar. 22, 2024

Same-store sales at restaurants slowed markedly in the second half of 2023. But for all the concern about fast-food brands like McDonald's, it was casual-dining restaurants that had the biggest problem.

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