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Financing

Fat Brands gets another demand for debt payment

 By Jonathan Maze on Dec. 03, 2025

The bank that acts as the trustee on the company’s securitized financing has sent an acceleration notice for the last of five shell companies that hold the restaurant operator’s debt.

Workforce

Starbucks agrees to $39M settlement with New York City over labor violations

 By Jonathan Maze on Dec. 02, 2025

The coffee shop giant will pay $35.5 million to more than 15,000 workers over scheduling violations and hours reductions. The company said that the payments are about “compliance, not unpaid wages.”

Financing

K&W Cafeteria shuts its doors for good

By Jonathan Maze on Dec. 01, 2025

The 88-year-old cafeteria-style chain, which filed for bankruptcy in 2020 and was later sold to a rival, closed its remaining locations on Monday.

Financing

Subway franchisees say the chain's new loyalty program is too aggressive

By Jonathan Maze on Dec. 01, 2025

The fast-food sandwich giant’s new “Sub Club” program gives a free footlong sandwich after just three same-sized purchases, which is among the industry’s most generous. "Financial suicide."

Marketing

Subway is bringing back a modernized 'Sub Club'

By Jonathan Maze on Nov. 26, 2025

Customers can get a free Footlong Sub after they buy three as part of the fast-food sandwich giant’s reconfigured loyalty program as the company looks to generate traffic.

Financing

Fat Brands' lenders demand immediate payment on $1.3B in debt

By Jonathan Maze on Nov. 21, 2025

The owner of companies like Fazoli’s, Twin Peaks and Johnny Rockets defaulted on its securitized debt last month after the company didn’t have enough available funds.

Financing

At Jack in the Box, weak sales and higher commodity costs hit profits

By Jonathan Maze on Nov. 20, 2025

Same-store sales at the fast-food burger chain declined 7.4% last quarter as customers came in less often and spent less money when they did. Higher commodities also hit profit margins.

Financing

KFC is not afraid of growing chicken competition

By Jonathan Maze on Nov. 19, 2025

Company executives believe that increasing competition from other chicken chains can keep them on their toes internationally and help them get better back home in the U.S.

Financing

The owner of Papa Murphy's is putting itself on the market

By Jonathan Maze on Nov. 18, 2025

MTY Food Group, which owns numerous brands including Pinkberry and Wetzel’s Pretzels, acknowledged that it is reviewing strategic alternatives, including a sale of the company.

Financing

President Trump, looking to tout his economic record, returns to McDonald's

By Jonathan Maze on Nov. 18, 2025

In a campaign-style speech to the fast-food giant’s franchisees, the president praised the company’s price cuts on Extra Value Meals and vowed to lower inflation.

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