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Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 56
Financing

Bankrupt Burger King franchisee Meridian closes 27 restaurants

The company is shuttering locations in Minnesota, Utah, Montana, Kansas, Nebraska and North Dakota and may close more restaurants.

Financing

Potbelly has apparently started the year off more strongly than expected

The Chicago-based sandwich chain said its same-store sales and profitability will easily beat expectations this quarter.

Technology

Domino's takes on the drive-thru with Apple CarPlay

The pizza delivery chain, which has been targeting traditional fast-food restaurants more aggressively of late, now has an app that will let you order from the car.

Financing

Raising Cane's wants to be a Top 10 brand by 2030. Don't bet against it

The Bottom Line: The fast-casual chicken fingers chain believes it can become one of the country’s biggest restaurant concepts in a short period. It took some key steps this week to get there.

Financing

Fat Brands' controlling shareholder replaces most of its board

The Bottom Line: Fog Cutter Capital, owned by Andy Wiederhorn and his family, ousted its directors and appointed a new slate that includes several of his family members. The owner of Johnny Rockets and Twin Peaks also relabeled itself a “controlled company.”

Financing

McDonald's is closing its field offices in the U.S. as it moves to a national model

The Chicago-based fast-food giant is eliminating its East-West zone structure and moving to a national field support model as part of its organizational restructuring in the U.S. Its 10 field offices across the country will now go virtual.

Financing

Consumers may be losing their resilience

The Bottom Line: Consumers stretched themselves thin to pay for everything in 2022. But surveys and sales data are suggesting more of them are cutting back. And the people cutting back the most will surprise you.

Financing

Chick-fil-A had another strong year in 2022

The chicken sandwich chain’s domestic system sales increased another 13% last year. But check out how much a stand-alone restaurant makes now.

Operations

Take a look at Duck Donuts' flexible new prototype

The Pennsylvania-based donut chain introduced a new design aimed at optimizing orders for customers and reducing costs for franchisees. Take a look inside.

Financing

An interview with Firehouse Subs President Mike Hancock

A Deeper Dive: The sandwich chain’s top executive joins the podcast to discuss his views of the brand and strategies for its upcoming expansion. And he talks about why Tim Hortons is so popular in Canada.

Financing

Papa Johns is making a big push in India

The fast-food pizza chain signed a deal with PJP Investments to develop 650 locations in the populous country by 2033. The first location is expected to open in 2024.

Financing

Virtual layoffs come to the restaurant industry

The Bottom Line: McDonald’s says its decision to conduct its layoffs virtually was done out of respect for workers. But letting people go via video screen can feel heartless, particularly in a “people business.”

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