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Financing

Popeyes sets its sights on China

 By Jonathan Maze on Aug. 10, 2022

The Miami-based chicken chain has an agreement with the private equity firm Cartesian Capital Group to develop restaurants in the country.

Financing

Wendy’s pares back its giant ghost kitchen deal

 By Jonathan Maze and Joe Guszkowski on Aug. 10, 2022

The burger chain, which last year announced a bold deal to open 700 locations in Reef Kitchens, now plans to open as few as 100 after Wendy’s “reevaluated” its development commitment.

Financing

As conditions stabilize, Jack in the Box sees sales improve

By Jonathan Maze on Aug. 10, 2022

The company, which also owns Del Taco, said sales accelerated at the end of last quarter, while more dining rooms reopen and supply chain disruptions ease.

Financing

Starbucks does well in Italy, while Domino’s does not

By Jonathan Maze on Aug. 09, 2022

The Bottom Line: Consumers are apparently warming to the coffee giant. But the pizza chain is calling it quits in the marke

Financing

As digital sales rise, Potbelly tests more tech investments

By Jonathan Maze on Aug. 08, 2022

The sandwich chain is testing new in-store technology as digital sales now represent more than a third of revenue.

Financing

Krystal hopes fewer seats yield more restaurants

By Jonathan Maze on Aug. 08, 2022

The burger chain broke ground on a new prototype with fewer or no seats, which it says can save on buildout costs and could prompt more development.

Financing

Health-focused chain Everytable raises $55M in Series C funding

By Jonathan Maze on Aug. 05, 2022

The fundraise will help the multi-channel ready-to-eat concept to expand into more locations in California and New York.

Leadership

Chad Gretzema named Del Taco brand president

By Jonathan Maze on Aug. 05, 2022

John Cappasola has stepped down as the chain’s chief executive following its sale to Jack in the Box.

Financing

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

By Jonathan Maze on Aug. 05, 2022

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

Financing

Digital sales drive performance at parent of Burger King and Tim Hortons

By Jonathan Maze on Aug. 04, 2022

Brand operator Restaurant Brands International now gets a third of its sales through digital channels. Sales at Burger King and Popeyes also improve in the U.S.

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