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Financing

McDonald's, eager to open more restaurants, plans a new concept called CosMc

The burger giant plans to open the new, smaller-format concept in select markets as it looked for alternative strategies to bolster its growth.

Financing

Subway says it continues to generate sales growth

The sandwich giant, which is looking for a buyer, said its same-store sales increased 9.3% in North America in the first half of 2023.

The fast-casual chain is facing several lawsuits from vendors and landlords, including its former owner McDonald’s, over past-due bills. Employees say the company mostly stopped paying wages in June.

The pizza delivery chain plans to innovate its way into customers’ good graces and has massive hopes for its Uber Eats partnership. Its stock has taken off.

The chicken sandwich chain is opening a location in Hawaii this week featuring employees walking the line taking orders and payment.

A group of operators argued in comments with federal regulators that the franchisor’s changes cost them important profitability and drive up their prices. To the company, the changes are necessary to evolve the brand.

A Pizza Hut operator in the Midwest was sued in a federal court after allegedly underpaying delivery drivers for the use of their personal cars. Such lawsuits are remarkably common.

Check out the transcript of RB Editor-in-Chief Jonathan Maze's interview with Burger King's president of U.S. and Canada. Curtis talks about Burger King's turnaround, operational improvements, marketing and franchising.

The Bottom Line: The chain opted not to keep its trademark in a fight with the much larger Taco Bell, given the likelihood that it would ultimately lose. So it did the next best thing.

The burger chain told workers outside of California and Oregon that they are not allowed to wear masks on the job.

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