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Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 26
Financing

The pandemic is not yet done with restaurants

The Bottom Line: A rash of bankruptcy filings shows that small brands and franchisees continue to deal with the aftermath of the pandemic, three and a half years later.

Financing

A third major Burger King franchisee declares bankruptcy

Premier Kings, a 172-unit Alabama and Georgia operator whose owner died in 2022, declared Chapter 11 bankruptcy protection, citing substantial operating losses.

Financing

A look at the state of the restaurant labor market

A Deeper Dive: Brian Miller, CEO of management consulting firm Patrice & Associates, joins the podcast to talk labor in the hospitality industry and how to keep good workers.

Financing

Dutch Bros' strong margins give the company flexibility as wages are set to soar

The drive-thru beverage chain’s shop profit margins soared last quarter, to 31%, thanks to a combination of price hikes and efficiency. It will help with California wages set to increase next year.

Financing

Chili's sells a lot of tequila and other takeaways from the Global Restaurant Leadership Conference

Danny Meyer's big regret. Why so many economic headlines are contradictory. And don't forget to reallocate your AI labor savings.

Financing

When it comes to restaurant traffic, 'flat' is the new 'up'

The Bottom Line: Negative transactions are so common that restaurant brands are thrilled simply not to lose customers. That could be a bigger challenge going forward.

Financing

Clover Food Lab, once a hot concept, declares bankruptcy

The 12-unit Massachusetts plant-based chain sought debt protection after sales didn’t recover as expected and financing froze just as it kicked off expansion plans.

Financing

Why restaurants will have to rethink price hikes in 2024

Consumers have been resilient. But they’re also paying more for food than ever before. Operators may need to look beyond price increases next year.

Operations

Starbucks plans to give its workers another raise

The coffee giant is giving all its workers at least 3% pay raises next year and will let hourly workers accrue vacation time sooner. Also: barista championships.

Financing

McDonald's and Yum Brands take an optimistic view of oncoming regulations

The Bottom Line: The CEOs of the franchise giants decried the NLRB’s joint employer ruling but said that their brands have the strength to overcome them, anyway.

Financing

Burger King keeps closing weaker restaurants

The burger chain is intent on “cleaning” its asset base, closing weaker stores and remodeling others in a key part of its comeback plan.

Financing

Wendy's convinces franchisees to open more restaurants

The burger chain said its incentive programs are convincing more operators to build locations, an important goal for a company intent on unit growth.

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