Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

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Marketing

Papa Johns just introduced a major new marketing platform

The pizza delivery chain is building on its “Better Ingredients, Better Pizza” with a new marketing slogan, “Better Get You Some," along with a campaign featuring Big Boi.

Financing

Delight Restaurant Group buys 65 Wendy's restaurants

The Virginia-based operator acquired the restaurants in Pennsylvania, Ohio and West Virginia, making it one of Wendy’s largest franchisees.

The Bottom Line: The restaurant industry has a traffic problem and consumers are fretting about prices. But the $20 fast-food wage in California makes it difficult to market any kind of value.

The eatertainment concept signed another international development deal as it pushes to bring its restaurant and games venues to more global markets.

The Bottom Line: Led by Sweetgreen and Cava, fast-casual restaurants outperformed other sectors. Wall Street rewarded them.

No reason was given for the departure of Rian McCartan. Alex Dunn, managing partner of the beverage chain’s owner The Larry Miller Co., was named interim CEO.

The state said that the fast-casual restaurant chain of customizable macaroni and cheese bowls failed to provide proper disclosures on its franchise documents. It’s the second state to take action against the business.

While the focus on restaurant menu price inflation has centered on premium items like the Big Mac, it’s in the smaller items, with fewer deals available, where prices have increased most.

The family dining restaurant chain has hired an investment bank to look for a buyer, after having considered a sale in 2022.

The Bottom Line: The venerable Japanese steakhouse chain fetched a modest multiple in its sale to The One Group. But that’s where values have fallen these days.

A Deeper Dive: This week’s episode of the RB podcast features Tom Sacco, CEO of the Iowa-based pizza chain Happy Joe’s, on adapting the brand for today’s restaurant diners.

Jordan Qsar, Grant Witherspoon, Chase Lambert and Austin Bernard were accused of trading stocks after learning that the Mexican restaurant chain would be sold to Jack in the Box.

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