Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 62
Financing

A tweet comes between Grubhub and McDonald's franchisees

The Bottom Line: The fast-food burger chain’s former top U.S. corporate relations officer said, “cry me a river” in a now-deleted tweet about McDonald’s franchisees. It didn’t go over well, either with them or his new employer, Grubhub.

Leadership

Max Wetzel named CEO of Carl's Jr., Hardee's parent

The former Papa Johns operations chief will take over as CEO of CKE Restaurants for Ned Lyerly.

The passes cost $15 and give the sandwich giant’s loyalty members 50% off Footlong subs throughout April. It will be for sale starting on Tuesday. The fast-food chain will sell a lot more of them this time.

The Bottom Line: Franchisees in particular jumped at the chance to scoop up restaurants in 2021, often paying sky-high multiples in the process. And then inflation hit.

Premier Cajun Kings, which once operated 30 locations in Alabama, Georgia and Tennessee, struggled amid a difficult operating environment and declared Chapter 11 bankruptcy, seeking a buyer.

The Bottom Line: Robert Zarco, who now works with McDonald's franchisees, argues that a potential redefinition of the joint employer standard could reduce the level of control franchisors exert over operators.

A Deeper Dive: Senior Editor Joe Guszkowski joins the podcast to talk about the future of some of the biggest pandemic trends in the restaurant tech space and where they’re headed.

Inflation at restaurants continued to outpace inflation at supermarkets and other retail food outlets, according to new federal data.

Operators, saying they're being "held hostage" by customer survey standards and new ownership requirements, have hired an attorney and may influence franchise regulations. The company says it just wants to run good restaurants.

The former head of marketing at Blue Cross Blue Shield of Nebraska will “amplify and build upon” the drive-thru coffee chain’s brand.

Gonzalez has considerable experience in operations at Virtual Dining Concepts and at Restaurant Brands International.

The agency is seeking comments on franchisors' business practices and the control they exert over franchisees and their employees, potentially setting the stage for changes in franchise regulations.

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