Quick Service

By Jonathan Maze on Jan. 06, 2023

The Bottom Line: The bankruptcy of TOMS King Holdings may be the first domino in a substantial change in the burger chain’s franchisee base as it looks to turn itself around.

Consumer Trends

Gen Z college students rank their fast food favorites

Jan. 06, 2023

Recent Yelp data reveals the most popular national, regional and local chains near top public universities in the U.S.

Financing

McDonald’s will evaluate staffing as part of an organizational restructuring

By Jonathan Maze on Jan. 06, 2023

Saying the company “cannot stand still” despite recent success, CEO Chris Kempczinski announced broad changes that will require some “difficult discussions and decisions.”

Financing

A big Burger King franchisee declares bankruptcy

By Jonathan Maze on Jan. 05, 2023

TOMS King Holdings, which operates 90 locations in Illinois, Ohio, Pennsylvania and Virginia, blamed the pandemic for hurting traffic and inflation for draining cash flow.

Leadership

Culver’s names Julie Fussner CMO

By Jonathan Maze on Jan. 04, 2023

The six-year company veteran becomes the first C-level marketing chief in the burger chain’s history.

Leadership

Carrols Restaurant Group CEO Paulo Pena dies

By Jonathan Maze on Jan. 03, 2023

The former McDonald’s executive was named head of the Burger King franchisee last year. Anthony Hull was named interim chief executive.

Financing

16 Handles acquires a cookie dough brand

By Jonathan Maze on Jan. 03, 2023

DŌ Cookie Dough Confections, which makes cookie dough for baking and eating raw, is already being sold out of the frozen yogurt chain’s New York locations.

Workforce