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Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 124
Marketing

Starbucks will double spending with diverse suppliers by 2030

The company said that it would spend $1.5 billion with suppliers owned by Black, Indigenous and People of Color. The coffee giant spent nearly $800 million last year.

Financing

Why Burger King couldn’t compete in the Chicken Sandwich Wars

The Bottom Line: The chain’s Ch’King sandwich was good, but it didn’t generate hoped-for sales and was outperformed by both McDonald’s and KFC.

Financing

Citing ‘unprecedented’ cost increases, Domino’s plans to change its value offers

CEO Ritch Allison said that the company will make changes to its national value offers, starting by making its $7.99 carryout deal online only, as supply chain and labor costs hit hard.

Financing

As omicron spreads, restaurants face more labor and supply chain issues

More evidence says the latest surge is hurting sales, but analysts and executives are expecting more of a “bump in the road” this time.

Technology

Sensing a longer-term labor problem, Checkers turns to technology

The company is adding voice-activated ordering this year, among other steps it hopes will improve the job of running its restaurants.

Financing

Danny Meyer’s second investment fund raises $332M

The restaurateur’s Union Square Hospitality Group closed on its second fund, Enlightened Hospitality Investments, which plans to invest in high-growth companies.

Food

Arby’s says it has the spiciest sandwich in the QSR business

The sandwich chain is rolling out its “Diablo Dare” sandwiches, either brisket or chicken, which is apparently so spicy that it comes with a free Vanilla Shake.

Financing

Big Burger King franchisee Carrols says omicron hurt its sales

The company’s results were improving in the fourth quarter but worsened in the last two weeks of December.

Financing

Why Papa Johns thinks it will get China right this time

The pizza delivery chain has been in the country for years. But executives think now is the right time to make a big push in the fast-growing market.

Financing

Papa Johns signs a big deal in China

The pizza delivery chain has a deal with FountainVest Partners to develop 1,350 locations in the country by 2040.

Financing

Cinnabon and Auntie Anne’s step out of the mall together

Parent company Focus Brands is using cobranding as it looks for different types of locations for its mall-focused concepts.

Financing

Restaurant chain bankruptcies plunged last year

The Bottom Line: After a major surge in industry filings during the pandemic, they all but stopped last April. Here's why.

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