Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 149
Financing

Strong restaurant sales could keep going for a while

Industry have surged this year and increased again in July. That could last a while despite the delta variant, says RB’s The Bottom Line.

Financing

How long will the restaurant sales boom last?

This week’s episode of the RB podcast “A Deeper Dive” features Michael Swanson, Wells Fargo economist, talking about the state of the industry.

The newly public chain is generating more sales per location, thanks to more frequent deliveries of doughnuts through its “hub-and-spoke” system.

The chain will introduce the Glazed Pull Apart Donut for a limited time in September. It’s the first LTO for its McCafé Bakery lineup.

The burger giant filed a lawsuit against chicken producers indicating it planned to join litigation alleging a years-long effort to fix chicken prices.

The fast-growing market for the Canadian coffee-and-doughnut chain is merging with a shell company that will take it public in the U.S.

The pizza chain now has more locations than its chief rival globally, capping a decade-long period of growth that has changed the pizza business.

The chicken chain plans to open hundreds of locations in urban centers as other concepts push for more drive-thrus.

The industry added 253,200 jobs during the month as overall job growth accelerated while wages increase.

This week’s episode of the RB podcast “A Deeper Dive” features James Pogue, a leadership consultant and CEO of JP Enterprises.

The European investment firm has been buying up restaurants since 2012. In recent years, the company has taken some of its companies public, sold others, and merged existing holdings.

The pizza chain kept strong sales despite intense competition and an easing quarantine behind its Epic Stuffed Crust Pizza, helping push the chain’s growth even further.

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