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Financing

How is the economy faring? That depends on your perspective

 By Jonathan Maze on Dec. 08, 2022

The Bottom Line: Consumer spending continues to grow this holiday season, but it’s slowing, and businesses are more cautious, large banks told investors this week.

Financing

MTY Food Group completes its acquisition of Wetzel’s Pretzels

 By Jonathan Maze on Dec. 08, 2022

The $207 million deal is the latest in a string of acquisitions by the Canadian owner of Pinkberry and Papa Murphy’s, giving the company a major U.S. presence.

Workforce

'Joint employer' proposal brings a wave of warnings from the franchise community

By Peter Romeo on Dec. 08, 2022

Industry associations and about 3,000 franchisees have blasted the redefinition being pushed by the NLRB.

Operations

How will automated makelines impact Sweetgreen’s growth?

By Lisa Jennings on Dec. 08, 2022

Co-founder Nicolas Jammet expressed confidence that the two robotic units to open next year will unlock new doors to profitability.

Food

Lee’s Famous Recipe Chicken goes on a flavor journey

By Patricia Cobe on Dec. 08, 2022

After 25 years with few changes to the menu, the chicken chain is exploring unique flavor frontiers for its relatively new chicken sandwich.

Technology

Here’s how Starbucks’ Web3 loyalty program extension will work

By Jonathan Maze on Dec. 08, 2022

Starbucks Odyssey, a major expansion of the company’s Rewards program into the metaverse, enables customers to collect NFTs and points through interactive activities.

Financing

Father-and-son restaurant team are sentenced for cheating on their PPP applications

By Peter Romeo on Dec. 08, 2022

Izzat and Tarik Freitekh were sentenced to 36 and 87 months in prison, respectively, for defrauding the aid program.

Financing

Dave & Buster’s profits improve but sales slow

By Jonathan Maze on Dec. 08, 2022

The eatertainment chain operator’s stock fell 7% after saying sales slowed down so far this quarter.

Marketing

Americans are counting on restaurants for their holiday meals, a new study finds

By Peter Romeo on Dec. 07, 2022

A survey conducted by the National Restaurant Association found that 77% of consumers will have pros do the cooking.

Financing

Why companies should, or should not, franchise their business

By Jonathan Maze on Dec. 07, 2022

A Deeper Dive: Gary Occhiogrosso, founder of Franchise Growth Solutions, joins the podcast this week to talk about franchising.

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