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Leadership

Papa John’s names Joe Sieve chief restaurant officer

 By Jonathan Maze on Apr. 19, 2022

The former Inspire Brands executive will oversee franchise-operations support and company-owned restaurants at the pizza chain.

Financing

The average unit volumes for a stand-alone Chick-fil-A are insane

 By Jonathan Maze on Apr. 18, 2022

On average, one of the chain’s non-mall locations generates more than $8 million in sales a year, soaring 54% the past five years. Those unit volumes have helped propel the concept’s remarkable run.

Food

Taco Bell is bringing back its Mexican Pizza in May

By Jonathan Maze on Apr. 18, 2022

The fast-food Mexican chain said it would bring back the item after a two-year hiatus following customer demand, a Change.org petition, and even a request from Dolly Parton.

Leadership

Sardar Biglari makes more changes to his incentive agreement

By Jonathan Maze on Apr. 15, 2022

The Bottom Line: Biglari Holdings, the owner of Steak n Shake, defends a services agreement with its chairman’s investment fund and commits to making up prior investment losses.

Financing

Fast food menu price inflation appears to peak

By Jonathan Maze on Apr. 14, 2022

The Bottom Line: Prices have slowed in recent months. Are operators getting religion on prices or is it a sign of a consumer pushback?

Leadership

Fat Brands names Michael Chachula chief information officer

By Jonathan Maze on Apr. 14, 2022

The former executive from The Coffee Bean & Tea Leaf will oversee technology platforms for the owner of Fatburger, Johnny Rockets and Twin Peaks.

Leadership

Inspire Brands names Frank Sickelsmith chief development officer

By Jonathan Maze on Apr. 08, 2022

The owner of Arby’s, Sonic and Dunkin’ is bringing in the former Autogrill executive to help speed its international growth.

Financing

McDonald’s will face a shareholder vote on civil rights

By Jonathan Maze on Apr. 08, 2022

The SEC denied the company’s apparent request to not put the matter up to a vote. Shareholders at other companies have approved such votes.

Financing

As drive-thru sales surge, so do conflicts with neighbors

By Jonathan Maze on Apr. 08, 2022

A Chick-fil-A in Santa Barbara is in danger of being declared a public nuisance because of backups. But that is not the only such conflict. Here’s what restaurants are doing to ease these problems.

Financing

McDonald’s and Subway close units and increase sales

By Jonathan Maze on Apr. 08, 2022

The Bottom Line: Two of the three biggest chains combined closed more than 1,400 restaurants last year. But their individual locations make more money.

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