Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 110
Financing

As drive-thru sales surge, so do conflicts with neighbors

A Chick-fil-A in Santa Barbara is in danger of being declared a public nuisance because of backups. But that is not the only such conflict. Here’s what restaurants are doing to ease these problems.

Leadership

Inspire Brands names Frank Sickelsmith chief development officer

The owner of Arby’s, Sonic and Dunkin’ is bringing in the former Autogrill executive to help speed its international growth.

Sales at the largest restaurants bested 2019 levels in 2021, but the success is concentrated among the biggest chains.

The Bottom Line: As more chains like Chipotle and Shake Shack add drive-thrus and focus on takeout, they look more like the fast-food restaurants from which they tried to differentiate themselves.

A Deeper Dive: Restaurant Business editors use the podcast episode to discuss their taste test of various virtual brands, and whether they’d order from them again.

Ken Kuick, who heads finance for the owner of Johnny Rockets, Twin Peaks and Fatburger, is getting $200,000 if he stays through the first quarter of next year.

The Bottom Line: Costly third-party delivery orders could drop as higher prices hurt consumers’ pocketbooks. But could this be a sign of tightening consumer spending?

The sale comes just three years after the burger giant bought the technology, which provides suggestive selling software for menu boards and kiosks.

By ending the coffee giant’s share repurchase program, the interim CEO is moving away from an increasingly popular financial strategy, hoping to win friends outside of Wall Street.

The Bottom Line: The pizza delivery chain bested its primary rivals because of its embrace of third-party delivery, its focus on premiumization, and Shaq.

Making his third return to the company he built, the new chief executive said the company would reinvest funds into its people amid a growing unionization effort.

Large chains and their franchisees are enjoying strong valuations and record cash flows, according to a new report, and international growth is thriving. But growing in the U.S. could get difficult.

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