The FTC is apparently investigating the Subway sale

The federal agency has opened an investigation into the $9.6 billion sale of the sandwich giant to Roark Capital, according to Politico.


Fast-food chain customers are getting sticker shock

Limited-service prices continue to rise faster than inflation and are up 30% since 2019. That has more customers thinking their fast-food visit isn’t worth it.

Starboard Group, the Wendy’s franchisee that sought debt protection this week, said a number of factors converged that led to the filing, including a failed Brazilian joint venture.

Florida-based Starboard Group sought debt protection for its Wendy’s restaurants. It is the latest in a series of restaurant companies to take that step.

Qu’s cloud-based system is designed to untangle the tech stack for limited-service chains. Meyer believes it could become a “big player.”

The executive chairman of the chain’s parent company Restaurant Brands International said operators had too much risk, particularly on the balance sheet.

The burger giant has been selling Krispy Kreme doughnuts out of its Kentucky restaurants for months. Now they’re apparently talking about an expansion.

The 1,000-unit operator said sales and traffic were better than expected and margins increased by 530 basis points. And its stock took off.

Premier Kings, a 172-unit Alabama and Georgia operator whose owner died in 2022, declared Chapter 11 bankruptcy protection, citing substantial operating losses.

The coffee giant is giving all its workers at least 3% pay raises next year and will let hourly workers accrue vacation time sooner. Also: barista championships.

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