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Financing

Jack in the Box puts its faith in the Smashed Jack

 By Jonathan Maze on Feb. 22, 2024

The brand’s sales have been slow so far this year due to weather and low-income consumers. But executives believe a better value offering and a new burger will change things.

Financing

As CosMc's takes off, McDonald's operators want a piece of the action

 By Jonathan Maze on Feb. 21, 2024

The Bottom Line: But where that action should take place is the question. Many operators believe the brand should be a testing ground for McDonald's own beverage program.

Financing

The SEC may take action against Andy Wiederhorn

By Jonathan Maze on Feb. 20, 2024

The agency has sent a “Wells Notice” to the chairman of Fat Brands, along with one current and one former employee. It signals a likely upcoming civil action.

Operations

Starbucks plans to make its coffee shops more accessible

By Jonathan Maze on Feb. 16, 2024

New and remodeled shops will follow new guidelines to make them more accessible for customers and workers. The first such location opened Friday in Washington, D.C.

Financing

What kind of value does McDonald's really need?

By Jonathan Maze on Feb. 16, 2024

The Bottom Line: The fast-food burger giant expressed concern about losing low-income consumers to grocers. But the company’s sales haven’t exactly tanked.

Financing

Wendy's new CEO hits the ground running

By Jonathan Maze on Feb. 15, 2024

Kirk Tanner announced $100 million worth of investments in breakfast marketing and digital upgrades in a bid to kick-start the fast-food chain’s growth.

Financing

Jury awards $31M in lawsuit against a Popeyes franchisee

By Jonathan Maze on Feb. 15, 2024

A former employee of Sun Holdings had accused the 150-unit Popeyes operator of reneging on a promise of 5% of the annual operating profits.

Financing

Inspire Brands is apparently considering an IPO

By Jonathan Maze on Feb. 15, 2024

The owner of Dunkin' and Arby's is in the early stages of discussions on an initial public offering that could value the company at $20 billion, according to Bloomberg.

Financing

McDonald's franchisees want a return of the Snack Wrap

By Jonathan Maze on Feb. 14, 2024

As the brand focuses more on value, a group of operators wants the chain to emphasize value-engineered items, like the old Snack Wraps. And they say many of the company's moves have increased franchisees' costs.

Financing

Franchisee profitability soars for Burger King and its sister chains

By Jonathan Maze on Feb. 13, 2024

Sales were positive at Restaurant Brands International concepts, including Tim Hortons, Popeyes and Firehouse Subs. At Burger King, operator profitability increased 46%.

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