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How corporate layoffs will affect McDonald's

 By Jonathan Maze on Apr. 12, 2023

A Deeper Dive: Mike Halen, senior restaurant and foodservice analyst with Bloomberg Intelligence, joins the podcast to talk about McDonald’s, Burger King and Patrick Doyle.

Financing

Carvel takes co-branding in a new direction

 By Jonathan Maze on Apr. 11, 2023

The soft-serve ice-cream chain is breaking into the Houston market with a different type of co-branding deal with Buttermilk Baby, a new concept about to open its first location.

Financing

Bankrupt Burger King franchisee Meridian closes 27 restaurants

By Jonathan Maze on Apr. 11, 2023

The company is shuttering locations in Minnesota, Utah, Montana, Kansas, Nebraska and North Dakota and may close more restaurants.

Financing

McDonald's is closing its field offices in the U.S. as it moves to a national model

By Jonathan Maze on Apr. 06, 2023

The Chicago-based fast-food giant is eliminating its East-West zone structure and moving to a national field support model as part of its organizational restructuring in the U.S. Its 10 field offices across the country will now go virtual.

Financing

Fat Brands' controlling shareholder replaces most of its board

By Jonathan Maze on Apr. 06, 2023

The Bottom Line: Fog Cutter Capital, owned by Andy Wiederhorn and his family, ousted its directors and appointed a new slate that includes several of his family members. The owner of Johnny Rockets and Twin Peaks also relabeled itself a “controlled company.”

Operations

Take a look at Duck Donuts' flexible new prototype

By Jonathan Maze on Apr. 05, 2023

The Pennsylvania-based donut chain introduced a new design aimed at optimizing orders for customers and reducing costs for franchisees. Take a look inside.

Financing

Chick-fil-A had another strong year in 2022

By Jonathan Maze on Apr. 05, 2023

The chicken sandwich chain’s domestic system sales increased another 13% last year. But check out how much a stand-alone restaurant makes now.

Financing

Virtual layoffs come to the restaurant industry

By Jonathan Maze on Apr. 04, 2023

The Bottom Line: McDonald’s says its decision to conduct its layoffs virtually was done out of respect for workers. But letting people go via video screen can feel heartless, particularly in a “people business.”

Financing

Layoffs over Zoom? McDonald's takes a big risk with its reorganization

By Jonathan Maze on Apr. 04, 2023

The burger giant is letting “hundreds” of its people go virtually, causing fear among employees and more anger among operators already frustrated by other changes.

Financing

Burger King franchisee Toms King is being sold for $33M out of bankruptcy

By Jonathan Maze on Apr. 04, 2023

The big operator, which sought Chapter 11 bankruptcy protection in January and was put up for sale, is being sold to four different companies, including Burger King's former U.K. operator and a big Round Table Pizza franchisee.

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