Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 158
Financing

Johnny Rockets owner is buying Global Franchise Group for $442.5M

Fat Brands’ latest acquisition will give it five more concepts, including Round Table Pizzza, Great American Cookies, Hot Dog on a Stick, Marble Slab Creamery and Pretzelmaker.

Financing

Famous Dave’s parent is buying Bakers Square for the pies

BBQ Holdings is acquiring the family dining chain, along with bigger sister company Village Inn, in part to add its pies to its barbecue chain’s menu.

Soaring valuations and a dearth of publicly traded consumer companies are setting the stage for a flurry of industry IPOs, says RB’s The Bottom Line.

BBQ Holdings, which also owns Granite City Food and Brewery, said it plans to buy the two family-dining chains that emerged from bankruptcy last year for $13.5 million.

McDonald’s, Burger King and Wendy’s either have or will introduce new loyalty programs as the sector looks to keep customers from drifting to third-party platforms.

The chains generated record restaurant-level margins last quarter as improved same-store sales coupled with better operations led to stronger profits.

The 130-unit chain said it has generated record sales so far this year and hopes to use the deal to spur its growth.

Olive Garden’s sales increased relative to 2019, while the casual dining operator’s fine dining concepts see improvements.

An uncertain number of owners will not get their funds amid lawsuits claiming discrimination, putting pressure on lawmakers to replenish the pool.

The plant-based product is available in just a handful of states, but the coffee chain said it continues to work with Beyond Meat.

The sandwich giant’s tuna is most certainly tuna. That hasn’t kept the issue from popping back up to hammer the brand, says RB’s The Bottom Line.

The take-and-bake pizza chain introduced its first new logo in more than a decade, and its first store redesign since 2014, as its sales rebounded during the pandemic.

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