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Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 17
Financing

As it loses customers to grocery stores, McDonald's shifts gears on pricing

The company acknowledged that lower-income consumers are eating at home more often, largely because of moderate price hikes at grocers. Here’s how the fast food giant plans to respond.

Financing

One year later, the economy keeps going strong

The Bottom Line: In late 2022, just about every economist was predicting a recession. Instead, we’ve had a strong economy fueled by a resilient consumer.

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Loyal customers helped drive McDonald's sales last quarter

Same-store sales rose 4.3% in the U.S., thanks to marketing, operations and its growing loyalty program. But sales came thanks to higher prices rather than traffic. And the chain saw sales challenges in the Middle East.

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Starbucks' incredible loyalty program can only take the company so far

The Bottom Line: The coffee shop giant said its problems with occasional customers last quarter were “transitory.” Fixing that problem will be a big challenge.

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Here are 5 big details Starbucks just revealed to investors

The coffee shop chain sells a lot of gift cards, has plans for late-night delivery and new product introductions. And young people like their beverages cold.

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Podcast transcript: Cici's President Jeff Hetsel

The executive of the pizza buffet chain discusses video games, technology, labor costs and my favorite pizza in this transcript of the most recent episode of the podcast A Deeper Dive.

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Subway has apparently sold a lot of its new Footlong Sidekicks

The sub-sandwich chain, which is being sold to Roark Capital, said its footlong pretzel, churro and cookie are exceeding sales expectations.

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How Cici's Pizza is becoming more like Chuck E. Cheese

A Deeper Dive: Jeff Hetsel, president and COO of the pizza buffet chain, joins the podcast to talk about the brand’s focus on games and what that does to its business.

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Starbucks defends its China strategy, even as rival Luckin surges

The coffee shop chain expressed confidence in its key China market despite soft sales there. “We are not interested in entering the price war.”

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McDonald's works to keep pace with its customers' quality demands

The Bottom Line: The fast-food giant’s improvement to its burgers is the latest menu upgrade in a bid to keep up with a competitive restaurant market.

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Starbucks loses the occasional customer

The coffee giant reported strong results from its loyalty members, who came into its shops more often and spent more in the process. But everybody else was a problem.

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US Foods awarded $15M default judgment against Boston Market

A federal court judge cited the fast-casual chain's "willful disregard" for the litigation in ruling in favor of the giant distributor, which had sued for unpaid bills.

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