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Financing
Fire the CEO at your own risk
The Bottom Line: Excessive management turnover at companies can create their own set of problems as new executives look to make their mark. The restaurant industry is loaded with examples.
Financing
Franchisors jump on the M&A bandwagon
The Bottom Line: Crumbl is the latest franchised restaurant chain to reportedly explore a sale after big 2024 deals for Tropical Smoothie and Jersey Mike’s. But the acquisitions market remains mixed.
Financing
Shake Shack changes what it means to be Shake Shack
The Bottom Line: The fast-casual burger chain’s plan to build 1,500 locations, not 450, will fundamentally change what the brand is all about.