Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 61
Operations

With rising costs cutting into margins, brands focus on operations

Inflation has brands like Jack in the Box, Pollo Tropical and Papa Johns working to improve their store operations. But it can help with sales growth, too.

Leadership

Habit Burger names Jack Hinchliffe CMO

The fast-casual burger chain tapped the KFC veteran to oversee global marketing. Former Chief Brand Officer Iwona Alter was named chief operating officer.

The Bottom Line: The filing by Burger King franchisee Meridian is the fourth major Chapter 11 this year. Other companies are facing problems, too, as margins dwindle.

Meridian Restaurants Unlimited, which operates 118 Burger King restaurants in nine states out west, filed for Chapter 11 bankruptcy protection, blaming a combination of low sales and soaring inflation.

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.

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.

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