Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 165
Financing

Jack in the Box targets more unit growth, even as franchisees close locations

The company has a new franchise sales effort and is opening in REEF Kitchens, but it allowed operators to close underperforming locations last quarter.

Financing

Subway franchisees expect several thousand more closures

Many of the sandwich chain’s operators are simply waiting for their leases to end so they can walk away, some operators say. RB’s The Bottom Line examines why.

The burger chain was one of the fastest-growing concepts in the U.S. last year as customers flocked to its drive-ins. Its challenge now is to keep that.

The chain revealed a virtual brand, “Little Blue Menu,” set to start in Atlanta and Nashville, but it has also trademarked names for a wing and a burger concept as well as an online grocer.

The Chicago-based burger giant is giving workers a 10% raise and is boosting its starting wage to $11 to $17 an hour amid an unprecedented shortage of labor.

The company is limiting dipping sauces to one per customer at many locations as supply chain disruptions hit the chicken chain.

A group of operators is asking the company’s shareholders to cut its franchise fees to 4.5% from 8%. Its royalties are higher than other sandwich chains.

Dennis Maloney, the chain’s chief innovation officer, joins this week’s episode of the RB podcast “A Deeper Dive” to talk about technology and robots.

The investment fund, which bought $250 million in preferred shares two years ago, is selling some of them back for $184 million, says RB’s The Bottom Line.

The chain’s sales “significantly exceeded” expectations in the first quarter as morning sales did well, but customers came in the rest of the day, too.

The burger giant is working with the Biden administration to raise vaccine awareness, including “We Can Do This” campaign ads on the company’s Times Square billboard.

Choose which CEO you think did the best job to pull their brand forward during a difficult 2020.

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