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The Bottom Line

Jonathan Maze The Bottom Line

Restaurant Business Executive Editor-in-Chief Jonathan Maze is a longtime industry journalist who writes about restaurant finance, mergers and acquisitions and the economy, with a particular focus on quick-service restaurants. He writes daily about the factors influencing the operating environment, including labor and food costs and various industry trends such as technology and delivery.

Jonathan has been widely quoted in media publications such as the New York Times and the Washington Post and has appeared on CNBC, Yahoo Finance and NPR. He writes a weekly finance-focused newsletter for Restaurant Business, The Bottom Line, and is the host of the weekly podcast “A Deeper Dive.”

Financing

Fast food’s next value war will look a lot different

The Bottom Line: The wars will be fought on mobile phones and in local markets rather than through big national discount deals.

Financing

In Tim Hortons, Burger King could have a model for a U.S. comeback

The Bottom Line: While the two chains and their revitalization plans are different, the Canadian coffee brand’s strong second-quarter results give its sister brand hope of a comeback in its U.S. market.

The Bottom Line: Howard Schultz, the interim CEO, says the company has narrowed its search for his successor. And all are on board with the broad-based changes in operations he plans to reveal next month.

The Bottom Line: The restaurateur steps aside as CEO of Union Square Hospitality Group, having shown that a fulfilled workforce can yield financial success.

The Bottom Line: GDP fell for the second straight quarter, which typically signifies a recession. There are some signs of consumer cutbacks in restaurants, but they’re not widespread.

The Bottom Line: The burger chain, which thrived during the Great Recession with a Dollar Menu, hopes to get through the next recession with more local and targeted offers.

The Bottom Line: As Domino’s confronts its driver shortage, perhaps it’s time to wonder whether overall demand for delivered food is shrinking in a more normalized environment.

The Bottom Line: Nierenberg Investment Management Company gushed about moves the sandwich chain is making, but wants company insiders to buy more stock.

The Bottom Line: We explain the depths of operators’ frustration with management, and why an independent association could take a vote of no confidence in McDonald’s top executives despite the chain’s strong performance.

The Bottom Line: The likelihood of an economic downturn is increasing and there is already evidence of slowing demand, but there are reasons the industry is in better shape to withstand these problems.

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