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Financing

Subway wants the world to eat a lot more sandwiches

 By Jonathan Maze on Feb. 02, 2023

The fast-food sandwich chain wants to add 24,000 international restaurants to catch up with other quick-service brands. But the company is also pushing big changes to grow its U.S. business.

Financing

Customers keep visiting Starbucks and spending more money

 By Jonathan Maze on Feb. 02, 2023

The Seattle-based coffee chain’s average weekly sales hit a record last quarter as people came in more often and spent more money when they did.

Financing

Subway’s late cofounder donates his half of the chain to his foundation

By Jonathan Maze on Feb. 01, 2023

Dr. Peter Buck, who cofounded the chain with Fred DeLuca, left his 50% ownership in the company to the charity he and his wife started more than 20 years ago.

Financing

Why Capriotti's hoards stuffing every Thanksgiving

By Jonathan Maze on Feb. 01, 2023

A Deeper Dive: David Bloom, chief development officer for Capriotti’s and Wing Zone, discusses the chains’ recent combination, franchising and food costs.

Financing

McDonald’s sales accelerated last quarter, thanks to adult Happy Meals and the McRib

By Jonathan Maze on Jan. 31, 2023

The company’s same-store sales rose 10.3% in the U.S. behind its marketing promotions and increased customer counts.

Financing

McDonald’s added U.S. restaurants last year for the first time since 2014

By Jonathan Maze on Jan. 31, 2023

And the burger giant is planning to step up its development, saying it has a “right” to do so after generating strong sales growth since the pandemic.

Financing

Inflation hits McDonald’s and its European operators

By Jonathan Maze on Jan. 31, 2023

The burger giant expects thinner margins this year and it is spending up to $150 million to support franchisees in Europe hit by higher costs.

Operations

Inside Papa John’s new international prototype

By Jonathan Maze on Jan. 27, 2023

The pizza chain, eager to add locations outside the U.S., has rolled out a new prototype designed to be more flexible and tailored to specific needs.

Financing

McDonald’s steps out of the political shadows

By Jonathan Maze on Jan. 27, 2023

The Bottom Line: The burger giant traditionally lets others do all the talking on major political issues. But more recently it has made its voice heard on topics like California's business climate or crime in Chicago.

Leadership

A Delaware court hands a big loss to McDonald’s former HR chief

By Jonathan Maze on Jan. 26, 2023

A judge ruled that David Fairhurst, the company’s former head of human resources, had a duty to report actions by former CEO Steve Easterbrook that led to its ouster.

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