Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 141
Financing

Papa John’s signs a big development deal in Texas

The pizza chain, eager to add more locations after years of decline, has an agreement with Sun Holdings to develop 100 locations by 2029.

Financing

Portillo’s restaurants did massive drive-thru sales during the pandemic

But it also lost more than half of its dine-in sales. Its numbers are a microcosm of the fast-food business that likely is different for good, says RB’s The Bottom Line.

The pizza giant is holding its first hiring conference in hopes stories of workers’ long-term success in the business will inspire new and existing employees.

Subway and Dickey’s are among the companies the agency is urged to look at as it takes a more aggressive stand on franchising.

Numbers the company provided last week demonstrate that it is still far off from reconciling the number of locations with demand for its sandwiches, says RB’s The Bottom Line.

Franchisees are trying incentives and vaccine clinics. But the company has also sourced tests for those who resist the inoculation.

The company said it plans to resume buying back shares, which it had abandoned during the pandemic.

Executives should consider more caution about development given soaring costs, future uncertainty and more traditional growth dangers, says RB’s The Bottom Line.

Port backups are delaying equipment deliveries for months. Here’s why it’s happening, and how long it will last.

The burrito chain continued its strong performance by hitting another 52-week high as restaurant stocks recover from earlier declines.

The longtime chairman and chief executive of the big Burger King franchisee will retire June 30. A search is underway for his replacement.

The annual SeeLevel HX drive-thru study finds declines in order speed and accuracy amid the post-pandemic recovery and labor shortage.

  • Page 141