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Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 54
Financing

How higher menu prices will affect restaurants as grocery inflation slows

A Deeper Dive: Michael Swanson, agricultural economist and consultant with Wells Fargo, joins the podcast to talk about the economy, inflation and the outlook on menu prices.

Financing

Inflation at fast-food restaurants shows no sign of slowing

Limited-service restaurant prices accelerated slightly in April, even as inflation cooled at full-service restaurants and grocery stores.

Financing

At Wendy's, stronger sales yield better profits

The burger chain said profit margins at company restaurants improved last quarter thanks to higher sales. But customer counts declined.

Financing

Facing growing pains and weak sales, Dutch Bros looks for traffic

As its sales lag competitors, the growing drive-thru beverage chain is working to build sales, and traffic, behind new Company President Christine Barone.

Financing

An activist investor believes 7-Eleven would be better off on its own

The Bottom Line: Value Act Capital wants parent company Seven & i Holdings to spin off the convenience-store giant. But the conglomerate is holding firm.

Technology

Wendy's is working with Google to test an AI-powered drive-thru

The fast-food burger chain will start testing the use of Google Cloud’s artificial intelligence technology at company locations in Columbus, Ohio, starting this June.

Marketing

Byron Allen sues McDonald's again

Allen Media Group, owner of The Weather Channel, claims that the burger giant broke his promise to spend more of its ad budget on Black-owned media.

Financing

Just 10 chains account for more than 25% of restaurant sales

The Bottom Line: McDonald’s, Starbucks, Chick-fil-A, Taco Bell, Wendy’s, Dunkin’, Burger King, Subway, Domino’s and Chipotle have all grown more dominant since the pandemic.

Financing

Did the operating environment push franchisees into bankruptcy? Sort of

The Bottom Line: Soaring food and labor costs made it a lot more difficult for restaurants to generate a profit last year. But both Hardee’s and Burger King had long-term problems that played a bigger role in those bankruptcy filings.

Financing

Operations take center stage at fast-food chains

The Bottom Line: The pandemic and then a labor shortage made operating a restaurant more difficult. Now, chains like McDonald’s, Starbucks, Burger King, Popeyes and Papa Johns are all working to fix that.

Financing

A huge Hardee's franchisee declares bankruptcy and closes 39 restaurants

Summit Restaurant Holdings, which once operated 145 Hardee’s restaurants in Alabama, Florida, Georgia, South Carolina, Kansas, Missouri, Montana and Wyoming, plans to seek a buyer.

Financing

Papa Johns wants to help its franchisees open more locations

The pizza chain will help franchisees with construction services in a bid to spur more growth, saying its unit economics warrant a better pace of development.

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