Continue to Site >>>

Quick Service

Financing

McDonald's reorganization is costing the company $180M

 By Jonathan Maze on Apr. 25, 2023

The Chicago-based burger giant is spending the funds on severance payments to laid-off workers and leases for closed field offices. Its sales also surged in the first quarter.

Financing

At McDonald's, a strong quarter marked by caution

 By Jonathan Maze on Apr. 25, 2023

The Bottom Line: The fast-food burger giant appears to be hitting on all cylinders. But it warned about the operating environment and remains convinced that a recession is in the offing.

Financing

Subway says it has started the year off strongly

By Jonathan Maze on Apr. 24, 2023

The fast-food sandwich chain, which is on the market, says its same-store sales increased 11.7% in North America in the first quarter.

Financing

McDonald's franchisee group asks for a meeting with leadership

By Jonathan Maze on Apr. 24, 2023

The National Owners Association, an independent group of the fast-food chain’s operators, says it is against new joint employer rules and wants a meeting with the company’s U.S. president.

Financing

Lenders agree to give Checkers/Rally's more time to refinance debt

By Lisa Jennings on Apr. 21, 2023

Loans were due on April 24, but now Checkers Drive-In Restaurants Inc. will have more time to build on the momentum of its business.

Financing

McDonald's goes to battle over 'joint employer' rules—with its franchisees

By Jonathan Maze on Apr. 20, 2023

Two different groups of franchisees issued warring statements on their views of joint employer regulations as the dispute intensifies between the burger franchise and an independent group of owners.

Financing

Subway is another example of poor succession planning

By Jonathan Maze on Apr. 20, 2023

The Bottom Line: CEO John Chidsey admitted that company founder Fred DeLuca “whiffed” on a succession plan before his death in 2015, which led to years of stagnation.

Financing

Here's why you should buy Subway, according to CEO John Chidsey

By Joe Guszkowski on Apr. 19, 2023

The once-struggling sandwich chain is now in growth mode, Chidsey said in a wide-ranging interview at the Restaurant Leadership Conference. He expects a deal to be done by May or June.

Food

McDonald's is testing Cold Brew coffee and serving Big Mac Sauce Dip Cups

By Jonathan Maze on Apr. 19, 2023

The fast-food giant is offering two versions of Cold Brew in Southern California. It will also start to sell Big Mac Sauce Dip Cups for a limited time starting April 27.

Leadership

Mark King goes off-script at Taco Bell

By Jonathan Maze on Apr. 18, 2023

The Mexican fast-food chain was doing pretty well when King took over as CEO in 2019, even though he had no experience in restaurants or franchising. Then, the 2023 Restaurant Business Restaurant Leader of the Year pushed the company to do even better.

  • Page 19