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Financing

Wendy's plans 1,000 new restaurants worldwide by 2028

 By Jonathan Maze on Mar. 06, 2025

The fast-food chain said it plans to invest in key markets around the globe to speed development over the next three years.

Financing

Taco Bell is apparently starting 2025 on fire

 By Jonathan Maze on Mar. 04, 2025

The Mexican fast-food chain’s same-store sales are expected to grow 8% in the first quarter, despite poor weather and a difficult restaurant operating environment.

Leadership

Starbucks replaces another top executive

By Jonathan Maze on Mar. 04, 2025

The coffee shop chain named Nordstrom executive Cathy Smith CFO as Rachel Ruggeri leaves the company amid a slow management overhaul.

Financing

Shrinking Steak n Shake turns to beef tallow

By Jonathan Maze on Mar. 03, 2025

The Bottom Line: The burger chain has closed 200 locations since 2018 and each of its ownership formats closed a net number of restaurants in 2024. And it quietly overhauled management.

Financing

Subway's latest Footlong offer draws franchisee ire

By Jonathan Maze on Feb. 28, 2025

The company restarted a $6.99 Any Footlong digital offer this week. But a franchisee group is urging operators to refuse the deal, even with company incentives, saying that it devalues the product.

Financing

Jack in the Box surprises, but Del Taco disappoints

By Jonathan Maze on Feb. 27, 2025

The fast-food burger chain reported better-than-expected sales results last quarter, but its Mexican sister concept could not say the same thing.

Operations

Starbucks is cutting more drinks from its menu

By Jonathan Maze on Feb. 26, 2025

The coffee shop chain is removing 13 drinks from its offerings on Tuesday and plans more cuts as it culls 30% of its menu by this fall.

Financing

McDonald's Egg McMuffin changes the restaurant business

By Jonathan Maze on Feb. 25, 2025

The Bottom Line: The sandwich, created by franchisee Herb Peterson, made its national debut 50 years ago. The impact of that product has been significant.

Financing

A cybersecurity incident hits Krispy Kreme sales, and its stock

By Jonathan Maze on Feb. 25, 2025

Continued expansion with McDonald's and a record Valentine's Day couldn't offset investor worries about disappointing sales results and a "choppy" start to 2025.

Workforce

The threat of an increase in California's fast-food wage looms

By Lisa Jennings on Feb. 25, 2025

After the minimum wage for restaurant chain workers increased to $20 an hour last year, workers are pushing for a cost-of-living increase up to 3.5%. But employers contend another wage hike would be a business killer.

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