Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 108
Leadership

Papa John’s names Joe Sieve chief restaurant officer

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

Operations

Popeyes plans to open a new Times Square flagship as it speeds its unit growth

The chicken chain plans to open several new locations in New York City and says it plans to add more than 200 new restaurants in 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.

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.

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.

The pizza and chicken buffet concept has recovered from the pandemic, but not just because it focused more on takeout and installed drive-thru windows. Some credit goes to video games.

The Bottom Line: Jersey Mike’s, Tropical Smoothie, Dutch Bros and Raising Cane’s have enjoyed the strongest growth among the biggest chains. Some of the other winners might surprise you.

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

The former NBA star-turned-pitchman helped the pizza chain turn around when he became spokesman and director three years ago. He’s being rewarded with a deal worth at least $11 million in cash and stock.

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

The event highlighted some of the challenges and opportunities in the restaurant industry. Here are some of the most notable things that we heard.

Keeping pace with social media and adapting to post-pandemic realities have required marketing departments to think and act more quickly.

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