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Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 27
Financing

Record demand drove strong Starbucks sales last quarter

The chain’s U.S. same-store sales rose 8% as more customers ordered more products and more add-ons and its loyalty membership hit a record.

Financing

Third-party delivery has become a huge sales driver at Papa Johns

The pizza chain, which outperformed its largest competitors last quarter, now gets 15% of its sales from companies like DoorDash and Uber Eats.

Financing

Savory Fund invests in a hot chicken chain

The Utah-based private equity firm has taken a stake in the 11-unit Houston TX Hot Chicken.

Financing

First Watch shifts its growth engine into high gear

The breakfast-and-lunch chain recently opened its 500th location and has many others under development as it works to expand its presence.

Leadership

Scooter's Coffee names Joe Thornton CEO

The chain’s president will take over at the drive-thru coffee chain for the retiring Todd Graeve on Jan. 1.

Financing

California's new fast-food law will hit Habit Burger hard

Parent company Yum Brands said the chain’s operating loss will be $10 million in the fourth quarter, which it blamed on anticipated impacts of legislation that will raise wage rates next year.

Financing

What is the future of restaurant loyalty programs?

A Deeper Dive: Mastercard’s Stephanie Meltzer-Paul joins the podcast to discuss loyalty programs and why they’ve become so popular in the restaurant industry.

Operations

Federal regulators are investigating Boston Market

The U.S. Department of Labor says it is investigating wage-and-hour complaints against the troubled fast-casual chain.

Financing

Taco Bell and KFC International fuel Yum Brands

Same-store sales at Taco Bell rose 8% in the third quarter while sister chain KFC continued to aggressively open new units around the globe.

Financing

At Raising Cane's, strong financial performance with a bit of risk

The fast-casual chicken tenders chain has thrived coming out of the pandemic with strong sales, traffic and earnings. But it spends a lot on growth, according to bond ratings agencies, and its menu is a risk.

Financing

Why remodeled restaurants give McDonald's a big advantage right now

The Bottom Line: The burger giant remodeled just about all its locations between 2017 and 2020. That has given the company a leg up on competitors at a time when financing is simply not that available.

Financing

A small Florida chain files for bankruptcy and blames the pandemic

Icebox Cafe, which operates four restaurants plus some vending machines, said dealings with “aggressive lenders” had a role in its filing.

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