Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 130
Financing

Fed chairman: Omicron variant could push inflation pressures ‘well into next year’

The combination of more inflation concerns and the variant sent restaurant stocks tumbling once again on Tuesday.

Financing

Subway makes another big international deal

The sandwich giant has an agreement to expand more rapidly in Saudi Arabia. It’s the chain’s third major international deal in recent months.

The longtime company employee had been in the position for three years. The retirement is effective “immediately.”

The Bottom Line: Higher prices and demand for celebrations have taken steak chains to new heights. A look at the winners and losers from Q3.

The CEO of Restaurant Brands International has leveraged a lifetime of relationships to boost his company and become the 2021 Restaurant Leader of the Year.

Shares of restaurant companies fell further Monday even as Wall Street recovered from its Friday selloff.

Jim Balis, managing director with CapitalSpring, says operators should try everything from artificial intelligence to cryptocurrency to help get workers.

The Bottom Line: The company says it is not for sale. But valuation concerns and a lack of obvious buyers make a deal especially complicated.

The Bottom Line: With five companies having gone, and three more planning to go public, chains are finding a more receptive environment. But volatility could change that.

With sales hurt from a lack of workers, the burger chain is turning to a variety of strategies to keep workers, including automated shake machines and mobile applications.

The pizza chain, which is growing rapidly in international markets, has a deal to open 60 locations in the countries.

The burger chain estimates that closing hours and problems getting products hurt same-store sales by 4% last quarter.

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