Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 40
Financing

Wendy's wants to open new locations, if it can only get the permits

The burger chain cited “substantial permitting delays in the U.S.,” which it says has started to impact timelines for new unit openings.

Financing

What to expect with food prices in the coming months

A Deeper Dive: Commodities expert David Maloni joins the podcast to talk about the state of commodity prices and explains why beef costs are rising and chicken prices remain low.

The chicken chain adopted a shareholder rights plan, citing Biglari Capital’s continued acquisition of the company’s shares.

The burger giant, which is about to make an appearance in Marvel Studios’ Loki Season 2, is coming out with the “As Featured In Meal,” which features multiple tie-ins and special packaging.

Joth Ricci will step down at the end of the year following a transition period. The move comes just months after Barone was brought in as the drive-thru beverage chain’s president.

The Miami-based burger chain is thriving outside the U.S. as operators push growth. But it is pulling back domestically as it works on a comeback.

The Bottom Line: Beyond Meat’s foodservice sales declined 45% last quarter as the everyday fast-food consumer remains a substantial skeptic.

While the brand has been selling stores to operating partners, traditional franchisees keep closing units. So does the company.

Authentic Restaurant Brands, which operates Primanti Bros and P.J. Whelihan’s, is taking the fast-casual chicken chain private for $8.50 per share.

The Bottom Line: The sandwich giant is reportedly expected to complete a sale by Labor Day. But it’s never been a slam dunk. And here’s why.

The chicken chain, known for its bone-in chicken, sold 100 million chicken nuggets in eight weeks last quarter as its boneless offerings thrive—finally.

The Bottom Line: Papa Johns CEO Rob Lynch sounds the alarm on overly aggressive price hikes, suggesting the industry got “a little punch drunk” raising prices.

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