Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 118
Financing

More evidence of a faltering restaurant recovery

Industry sales declined for the third time in four months in January, according to new federal data. And the slowdown appeared to accelerate.

Financing

Carl Icahn may seek seats on the McDonald’s board for better treatment of pigs

The Bottom Line: The famed investor is not a big shareholder. But he is close to igniting a proxy war against the burger giant over what he says is an unkept promise on the use of gestation crates.

A Deeper Dive: RB Senior Technology Editor Joe Guszkowski joins the podcast to discuss ongoing concerns about the profitability and sustainability of the service.

The Bottom Line: The coffee-and-doughnut chain, which has struggled to get a footing south of the border, believes it has the right concept to begin growing again.

The chain’s sales improved last quarter, thanks to its marketing deal with the Canadian pop star. And it all started with a social media complaint.

The burger chain under Tom Curtis is overhauling operations, adding new field staff and analytics capabilities. It is also cutting menu items and plans a big focus on its core menu.

But the chain’s sales improved last quarter and it remains in a much stronger position than it was three years ago.

The sub chain, bought for $1 billion by Burger King owner Restaurant Brands International, generated nearly 25% two-year same-store sales in the fourth quarter.

The Bottom Line: Demand for any drive-thru site is intense and costs are soaring. But it remains a solid long-term bet.

The company’s deal provides operators with some of the industry’s lowest third-party delivery fees. But charges increase if orders are slow.

The traditional carryout chain added delivery two years ago. The new service is opening the brand up to newer areas and smaller stores as it looks to grow in the Northeast.

A huge percentage of the business at major quick-service restaurants, including McDonald’s, Starbucks and KFC, is coming through apps, delivery and kiosks.

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