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Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 131
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.

Leadership

Doug Thompson retires as Texas Roadhouse COO

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

Financing

Steak chains are winning the restaurant recovery

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.

Leadership

José Cil makes his mark

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.

Financing

Investors hit casual dining stocks amid concerns about the omicron variant

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

Workforce

Want to get through the labor shortage? Get creative

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

Financing

A Subway sale, even if one was coming, would not be easy

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.

Financing

This has been the biggest restaurant IPO market in 25 years

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.

Financing

Jack in the Box turns to technology and training to ease its labor shortage

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.

Financing

Papa Johns expands into Kenya and Uganda

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

Financing

Supply chain and labor issues hurt Jack in the Box sales

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

Operations

McDonald’s shareholders demand a civil rights audit

SOC Investment Group, which works with a union pension fund, wants a third party to look at policies and procedures following controversial text messages from CEO Chris Kempczinski.

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