Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 155
Financing

Restaurants are still a long way from a complete employment recovery

The industry is adding jobs at a seemingly breakneck pace, but it could be next year before it gets to pre-pandemic levels.

Food

Subway is making a major menu overhaul

The sandwich giant is upgrading its bread and several ingredients in what the company is calling a long-term brand refresh.

Large franchisees have scooped up Fuddruckers, Au Bon Pain and now Taco Cabana in recent days. But owning a brand is quite different, says RB’s The Bottom Line.

The company reduced a one-time charge by more than 60%. The dispute over the fees had caused a massive rift with its operators.

The doughnut chain priced its offering at $17 per share, which was below its expected range.

IPOs by JDE/Peet’s and Krispy Kreme, and perhaps Panera Bread, signal a major shift in strategy for a firm many thought had long-term aspirations, says RB’s The Bottom Line.

The burger chain has spent the past 15 years selling locations to franchisees. But now it plans to build company restaurants to spur more growth.

CEO Tom Krouse joins the RB podcast “A Deeper Dive” to talk about expansion, ghost kitchens and Red Robin.

Ampex Brands Family of Companies, a 400-unit operator of Yum concepts and 7-Eleven, will acquire the concept, which is getting a new leadership team.

The company has a 250-unit deal with PJ Western Group to expand into the country over the next seven years.

Bills have or will be introduced to let franchisees sue their franchisor and require the SBA to publish franchises’ default rates as concerns about troubled systems mount.as

While pizza sales jumped last year, they were largely concentrated among a few chains. Most concepts saw sales declines.

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