Quick Service

Clean Eatz names Gary Sachs CFO

By Jonathan Maze on Jan. 18, 2023

The fast-growing healthy dining chain said it is building out its executive roster as it prepares for expansion this year.

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Financing

In the fast-growing burger market, In-N-Out takes it slow

By Jonathan Maze on Jan. 18, 2023

The Bottom Line: The chain is eyeing its first Tennessee restaurants in 2026. But it has also ceded growth to other competitors.

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Financing

Making sense of In-N-Out’s Tennessee play

By Jonathan Maze on Jan. 13, 2023

The Bottom Line: The closely held burger chain’s decision to open a corporate hub in Tennessee, where it has no units, is a head scratcher. But there are good business reasons for the move.

Operations

Freeze on California’s Fast Act to remain in place

By Lisa Jennings on Jan. 13, 2023

In victory for restaurant industry groups hoping to kill the new law, an injunction is granted to keep the measure on hold until referendum petition signatures can be counted.

Financing

Nelson Peltz opts not to buy Wendy’s as the company reorganizes

By Jonathan Maze on Jan. 13, 2023

The burger chain’s largest shareholder and chairman opted not to seek a deal for the company. Kurt Kane, the burger chain's U.S. president, is leaving as part of a broad corporate restructuring.

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Financing

Subway wades into a difficult M&A market

By Jonathan Maze on Jan. 12, 2023

The Bottom Line: Sale processes like the one the sandwich giant is apparently planning do not come very often. That doesn’t mean a sale is a slam dunk. And $10 billion may be tough to get.

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Financing

Dutch Bros has a solution to its long lines, but not the one investors want

By Jonathan Maze on Jan. 12, 2023

The drive-thru beverage chain is taking a page out of Domino’s playbook and building more locations to ease capacity restraints. But Wall Street is not entirely convinced.

Workforce

Starbucks wants corporate staff to return to the office

By Jonathan Maze on Jan. 12, 2023

Noting that in-store workers don’t have the privilege to work from home, Interim CEO Howard Schultz said employees need to come into the office three days a week.

Financing