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Financing

McDonald’s franchisees upset with management over changes to ownership rules

A vast majority of operators back a vote of no confidence in CEO Chris Kempczinski over tougher new standards on renewals, according to a survey by an independent franchisee association.

Financing

Fazoli's owner Fat Brands names James Neuhauser executive chairman

The restaurant franchise operator also named Lynne Collier a new independent director. Ed Rensi, the company’s former chairman, will become vice chairman.

A Deeper Dive: Pat Cobe, senior menu editor for Restaurant Business, joins this week’s podcast to discuss the new “Subway Series” menu change and whether it will generate sales.

The interim CEO outlined five “bold moves” that will outline the brand’s reinvention, though he provided few details, saying they will come in the next few weeks.

The burger giant is buying out Caspers Company, whose family has run the business for more than 60 years, and which was instrumental in creating the National Owners Association.

The Bottom Line: The sandwich giant perfected the idea of the assembly line and its fully customizable menu. But its new “Subway Series” demonstrates that it has some pitfalls in the modern restaurant.

The fast-food burger chain will be the first major sponsor for the Los Angeles-based group of gaming-centric content creators.

We were given the opportunity to judge the event, which generates billions of dollars in publicity for the brand every year. After more than 100 years, the event proved it could still surprise.

The doughnut chain will give random customers a card worth a dozen free doughnuts per month through next June to celebrate its 85th birthday.

The sandwich giant, eager to overcome years of declines and rebuild volumes, is de-emphasizing customized subs with 12 new sandwiches customers order by number.

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