Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 59
Financing

A deep dive into Subway's recovery and sale

A Deeper Dive: Restaurant consultant John Gordon joins the podcast this week to discuss changes at Subway, its potential sale and who will buy the fast-food sandwich chain.

Financing

Where are all the discounts? Look on the app

Fast-food restaurants are not advertising the type of mass discounts that marked past downturns. Instead, they’re flooding apps with deals. And franchisees have started to push back.

Citing a federal investigation tied to him last year, the founder of the owner of Fatburger, Twin Peaks and Johnny Rockets is stepping aside to serve as a strategic advisor.

The Bottom Line: Reports suggest the fast-food sandwich giant is targeting investment firms, and Goldman Sachs and Bain Capital are among the apparent suitors.

The traditional bone-in chicken chain is testing restaurants with menus pared down to its breakfast and boneless options. That’s the menu it is planning in new markets.

The Bottom Line: The end of the company's Reef Kitchens deal and the cutback in its restaurant count projections highlights the chain's difficulties keeping up with its larger, fast-food rivals.

The fast-food burger chain has new deals to open restaurants in Florida and Arkansas, bringing the first new franchisees into the brand in years. And it is turning around its restaurants in St. Louis.

The Bottom Line: Sardar Biglari in his letter to shareholders boasted of the cash that Western Sizzlin has generated for Biglari Holdings. His comparison leaves much to be desired.

The pizza delivery chain also said that it is buying out most of the shares owned by Smith's hedge fund, Starboard Value.

The fast-food sandwich chain opened its new offices in the city’s Waterford Business District. The office features a mock restaurant and an open layout. Here’s a look inside.

For franchises, growth is paramount. But accomplishing that is proving more difficult thanks to rising interest rates, construction costs and labor issues.

The burger chain is increasing its incentives to convince operators to open additional restaurants as it seeks to speed unit growth. But it is also walking back its deal with Reef Kitchens.

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