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Financing

At McDonald's, a strong quarter marked by caution

 By Jonathan Maze on Apr. 25, 2023

The Bottom Line: The fast-food burger giant appears to be hitting on all cylinders. But it warned about the operating environment and remains convinced that a recession is in the offing.

Technology

The case for keeping some friction in fast food

 By Joe Guszkowski on Apr. 25, 2023

Tech Check: It's become conventional wisdom that consumers want less human interaction at QSRs. Real-life experience says otherwise.

Food

Starbird's latest LTO flavors the menu with Chinese-American accents

By Patricia Cobe on Apr. 25, 2023

Behind the Menu: Orange Chicken works across every menu category—tenders, wings, salads and sandwiches—a goal of the fast casual’s R&D.

Financing

Some of the pandemic's biggest winners came back to earth in 2022

By Jonathan Maze on Apr. 24, 2023

The Bottom Line: Sonic, pizza delivery chains and bone-in chicken concepts—outside of Wingstop, that is—saw sales slow down last year. Here’s what happened.

Operations

The restaurant of tomorrow sounds a lot like yesterday's

By Peter Romeo on Apr. 20, 2023

Reality Check: With the pandemic fading, it may be back to the future for broad-market restaurant concepts. Just ask participants of a CEO's panel at the Restaurant Leadership Conference.

Financing

Subway is another example of poor succession planning

By Jonathan Maze on Apr. 20, 2023

The Bottom Line: CEO John Chidsey admitted that company founder Fred DeLuca “whiffed” on a succession plan before his death in 2015, which led to years of stagnation.

Financing

Waiting for the second economic shoe to drop

By Jonathan Maze on Apr. 19, 2023

The Bottom Line: After a year of brutal inflation, operators worry that consumers will change their spending. But data at the moment remains inconclusive.

Leadership

Mark King goes off-script at Taco Bell

By Jonathan Maze on Apr. 18, 2023

The Mexican fast-food chain was doing pretty well when King took over as CEO in 2019, even though he had no experience in restaurants or franchising. Then, the 2023 Restaurant Business Restaurant Leader of the Year pushed the company to do even better.

Operations

Restaurants of the not-so-distant future are coming

Apr. 17, 2023

Technomic's Take: Regulatory requirements, ESG goals and local weather patterns will be the key drivers of major innovation in these restaurants.

Financing

Subway may be a microcosm of the slow M&A market right now

By Jonathan Maze on Apr. 13, 2023

The Bottom Line: The CEO of Papa Murphy’s and Wetzel’s Pretzels owner MTY Group cited the sandwich giant’s reportedly lowered asking price, and suggested it could further cool the market for restaurant acquisitions.

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