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Financing

Papa Murphy’s owner MTY Food Group to buy Wetzel’s Pretzels for $207M

The Canadian brand collector continues its U.S. shopping spree with its second deal this year, following an earlier acquisition of Famous Dave’s.

Financing

Pizza Hut’s embrace of third-party delivery works in its favor

The pizza chain’s sales improved last quarter as a lot more of its restaurants worked with delivery aggregators.

The Bottom Line: The world’s biggest restaurant chain and the world’s biggest pizza chain are increasingly going head-to-head for budget consumers.

The 20-year veteran of the pizza chain played a key role in some of its high-profile initiatives, such as its first Super Bowl commercial.

Marketing Bites: Uncertainty about whether the company will bring back “the G.O.A.T. of sandwiches” makes it more alluring; Outback uses college athletes to hock catering.

The burger giant said it is preparing for a wide range of economic scenarios but says it is getting more lower-income consumers.

Camp McDonald’s helped propel digital sales at the burger giant, though the strong dollar caused some headaches. The company also warned of a potential recession in the U.S. and Europe.

A Deeper Dive: Jeff Hetsel, president of the pizza buffet chain, joins the podcast to talk about the impact of its growing business of amusements.

The burger giant is trying to bring back some mystery surrounding the sandwich by making this a "farewell tour," something it first used 17 years ago.

The Bottom Line: Demand for drive-thrus soared during the pandemic. That traffic has fallen this year as people go back into restaurants. Is the industry focused too much on that business?

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