Operations

Tupelo Honey Cafe’s big bar play

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The fast-food giant and the doughnut chain mutually decided to end their agreement to sell doughnuts inside McDonald’s restaurants after sales and profitability proved disappointing. The partnership will end July 2.

The classic flavor combination of chocolate, pistachio and crisp phyllo is showing up in everything from shakes to doughnuts, matcha and desserts.

The Bottom Line: The private-equity firm has acquired or invested in 23 restaurant chains over 25 years. Those brands have a mixed track record, according to our analysis of their sales performance.

Tech Check: These six terms are popping up more often in industry conversations, providing a glimpse at the next wave of trends.