Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 121
Leadership

For Sonic President Claudia San Pedro, it’s not just about selling hamburgers

San Pedro took an unusual route to her current role. But the lessons she’s learned along the way have helped the burger chain succeed and earned her a place among nominees for Restaurant Business Restaurant Leader of the Year.

Financing

At McDonald’s, some sign of an improving labor crisis

The company said about 1% of its stores have shortened hours, down from 10% earlier. But many dining rooms remain closed.

Operator cash flow is up 50% in the past three years after the company shifted away from its value focus. But higher labor and food costs loom.

U.S. same-store sales hit a record in 2021, driven in part by price increases and the company’s promotions, including its new loyalty program.

The Bottom Line: Large full-service concepts gained market share since the start of the pandemic and are set up for a stronger future.

The burger giant has refiled its request to dispense with the discrimination complaint, arguing that the owner of the Weather Channel does not have a viable claim.

A Deeper Dive: RJ Hottovy, head of analytical research with Placer.ai, joins the podcast to talk about the impact of surges on restaurant sales and traffic.

The burger giant will start selling four items that combine existing menu items, including Hash Brown McMuffins and a Big Mac merged with a Filet-o-Fish and a McChicken.

The CEO of Tesla, a well-known backer of cryptocurrency, told McDonald’s he would eat a Happy Meal on television if the company accepted Dogecoin.

The Bottom Line: Industry sales were surprisingly strong after a second-half surge. But sales slowed in December after the latest spike in infections.

José Cil, CEO of Burger King owner Restaurant Brands International, said staffing challenges are a long-term problem that requires long-term solutions.

The decision breaths new life into the Weather Channel's efforts to prove the company discriminates in its media buying. McDonald's called the decision “procedural” and said it will refile its motion by Thursday.

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