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Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 31
Financing

Demand for chicken takes Huey Magoo's to new heights

Longtime chicken executive Andy Howard saw something in the tiny Florida chain more than five years ago. It is now one of the fastest growing concepts in the country.

Financing

Stake your claim to the low-price market at your own risk

The Bottom Line: Subway and Burger King have staked their claims as value leaders in their respective segments. Recent events have highlighted the difficulties of that position.

Financing

A Burger King franchisee gets sold out of bankruptcy, and a big buyer is Burger King

Meridian Restaurants, the large operator that declared bankruptcy in March, is selling 70 of its 91 remaining restaurants to several different franchisees as well as the brand following an auction this month.

Financing

How Gregg Majewski is building Craveworthy Brands

A Deeper Dive: The longtime industry executive and investor discusses what it takes to build the brand collector. He also discusses restaurant delivery, menu prices and mergers and acquisitions.

Financing

Subway pushes its franchisees to accept digital offers

The sandwich giant, which is being sold to Roark Capital, told franchisees that they must accept mobile app discounts by Dec. 28. A lot of the brand’s operators were not pleased.

Financing

The Fed is almost done raising interest rates. Maybe

The Bottom Line: Minneapolis Federal Reserve President Neel Kashkari suggested a 60% chance of a soft landing with one more rate hike. But "meaningfully higher" rates are also possible.

Financing

Fat Brands acquires Smokey Bones for $30M

The 18th deal for the owner of Johnny Rockets and Twin Peaks gives the company another casual-dining chain.

Leadership

Panera Brands takes another step in its planned IPO

Krispy Kreme CEO Mike Tattersfield, who is stepping down from that position in January, will become the company’s board chairman. Former Starbucks CFO Patrick Grismer will become lead independent director.

Financing

Executives' franchisee profitability comments are pointless until they report the data

The Bottom Line: McDonald’s and its franchisees differ on the profitability of restaurants, but we can’t judge for ourselves because the company doesn’t release the data, like most franchise businesses.

Leadership

Krispy Kreme to promote Josh Charlesworth to CEO

The company’s chief operating officer will take the top job in January. Current CEO Mike Tattersfield will remain on the board and will serve as a senior advisor.

Financing

Is it a service fee or a royalty? To McDonald's franchisees, the difference is huge

The burger chain's operators say their cash flow has not kept pace with inflation and the higher royalty on new units and acquisitions will make matters worse. But they say a term change is the bigger problem.

Financing

McDonald's plans to increase its U.S. royalty fees by 25%

The burger giant plans to start charging its franchisees 5% of revenue on new locations or acquisitions of corporate restaurants starting next year in the U.S. and Canada, up from 4%.

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