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Fast-food menu price inflation is accelerating as deflation hits grocers

 By Jonathan Maze on May 15, 2024

Prices at limited-service restaurants accelerated last month while grocery store prices declined, according to new federal data.

Financing

Explaining the charges against Fat Brands Chairman Andy Wiederhorn

 By Jonathan Maze on May 14, 2024

The creator of the owner of Twin Peaks, Fazoli’s, Fatburger and other chains was charged in a $47 million false loan scheme and sued by the SEC for misusing company funds. Here’s what we know.

Financing

A prominent McDonald's franchisee sues the brand, claiming it wants him out of the system

By Jonathan Maze on May 13, 2024

George Michell, who owns some of the brand’s most successful locations, claims the company is using its new franchising standards to force him to sell his restaurants.

Financing

Federal prosecutors accuse Andy Wiederhorn of misusing company funds

By Jonathan Maze on May 10, 2024

The chairman of Fatburger owner Fat Brands was accused of engineering a $47 million false loan scheme, draining the company of revenue to the point that it struggled to pay its bills.

Financing

McDonald’s, looking to boost traffic, considers a $5 value meal

By Jonathan Maze on May 10, 2024

The fast-food giant, which has shifted its focus to value, is working to convince franchisees to go along with a bundled meal featuring a McChicken or a McDouble. The plan is expected to pass.

Technology

McDonald's is making a massive investment in digital marketing

By Jonathan Maze on May 09, 2024

The fast-food giant is shifting spending to digital marketing and plans to invest “hundreds of millions” into digital innovation, including new ordering channels, personalization and loyalty.

Beverage

Despite Panera's Charged Lemonade failure, energy drinks are coming to more restaurants

By Jonathan Maze on May 08, 2024

Starbucks is preparing its own energy drinks, following Dunkin’, as chains like Dutch Bros—and convenience stores—find success with the beverages.

Financing

Howard Schultz has some thoughts on Starbucks' big earnings miss

By Jonathan Maze on May 06, 2024

The former CEO of the coffee shop giant, who handpicked the current chief executive, said the company’s problems “begin at home.” And he urged the chain to overhaul its mobile ordering platform.

Financing

Wendy's hopes better store profitability will yield new unit growth

By Jonathan Maze on May 02, 2024

The fast-food burger chain wants to build more restaurants. To speed growth and fulfill the chain's potential, it needs to generate more sales and restaurant profits.

Financing

The consumer is cutting back, but not everywhere

By Jonathan Maze on May 01, 2024

The Bottom Line: Early earnings from major restaurant chains suggest the consumer has taken a distinct turn for the worse so far in 2024.

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