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Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 114
Financing

For McDonald's, closing its Russia restaurants will be costly

The burger chain estimates that its decision to temporarily close its operations in the country will cost $50 million per month. The move spurred an exodus from one of the restaurant industry’s biggest global growth markets.

Financing

Why people keep buying restaurants

A Deeper Dive: Robin Gagnon, CEO of We Sell Restaurants, joins the podcast to discuss why the market for independent and franchise restaurants remains hot despite numerous challenges.

Financing

Jack in the Box finds the ‘perfect fit’ in Del Taco

The two California-based fast-food chains completed their merger this week. Here’s a look at some of the changes that could come to the taco chain.

Financing

McDonald's and Starbucks temporarily close restaurants in Russia

KFC owner Yum Brands is also pausing development and assessing its options in the country as restaurants join other businesses in reacting to the invasion of Ukraine.

Financing

Wall Street hits casual dining stocks hard

The Bottom Line: Monday was a bad day for full-service restaurant valuations. But no industry sector escaped investors’ ire. There may be real reason for concern.

Marketing

Burger King once again turns its attention to the Whopper

The company is introducing a trio of “Whopper Melts.” The company plans to use its signature sandwich as the centerpiece of its comeback efforts this year.

Financing

Gas prices soar and stocks plunge

The average price for a gallon of gas hit a 14-year high in the aftermath of Russia’s invasion of Ukraine. Casual dining restaurant stocks were hit hard after a brutal day on Wall Street.

Leadership

Domino’s promotes a pair of executives

Joe Jordan was named president, U.S., and global services and Art D’Elia will be EVP, international following the promotion of Russell Weiner to CEO.

Financing

The economy is strong, and the labor market is improving

The Bottom Line: Restaurant industry job creation has been steady and largely shrugged off two recent surges. And there are signs people are coming back to work.

Operations

McDonald’s gets sued over its ice cream machines

Kytch, a technology startup that made software designed to help operators fix their ice cream machines, has sued the brand for $900 million. And competitors continue to poke fun at the problem.

Financing

2 U.S. senators ask SBA about relief for borrowers in bad franchise systems

Democrats Catherine Cortez Masto and Elizabeth Warren are asking whether franchisees with federally backed loans can get relief when franchisors like Burgerim are cited for unfair practices.

Financing

After more than a decade of smooth driving, Domino’s hits a rut

The Bottom Line: With sales slowing and drivers hard to find, the pizza delivery chain is turning to a pair of executives in Russell Weiner and David Brandon who played key roles in its historic turnaround.

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