Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 195
Financing

A renewed virus surge and government shutdowns slow restaurants’ recovery

Data from tracking services and US Foods suggest a November slowdown, but takeout remains strong as operators have adapted, says RB’s The Bottom Line.

Financing

Outback Steakhouse owner Bloomin’ hedges its bets

The company is aggressively developing brands around takeout, but it also insists that casual dining is not dead.

The company closed on its purchase of the fast-casual chain just before the pandemic hit, but the chain has proven to be resilient in the months since.

This week’s episode of the RB podcast “A Deeper Dive” features a discussion between Editor-in-Chief Jonathan Maze and Editor-at-Large Peter Romeo on the third wave of COVID-19.

The private equity firm also owns Fuzzy’s Taco Shop and Frisch’s Big Boy and the host kitchen provider Franklin Junction.

CEO Jose Cil said the company marketed the brand with the wrong mindset and “lost touch with consistency and quality,” says RB’s The Bottom Line.

The DoorDash IPO, Grubhub sale and Uber Eats deal have fundamentally changed the market, and maybe the restaurant industry, says RB’s The Bottom Line.

The chain is working with Rebel Foods and Sierra Nevada Restaurants to open 400 locations in the country, including 250 inside digital-only kitchens.

Flynn Restaurant Group has an $816 million agreement to buy the big Pizza Hut and Wendy’s franchisee out of bankruptcy.

Quick-service chains have recovered thanks to their drive-thrus, but consumers are showing some preferences, says RB’s The Bottom Line.

Customers who shave their facial hair can get one of 10,000 free McRib sandwiches as the chain partners with No Shave November.

Cofounder and CEO Zach McLeroy details the investment in this week’s episode of the RB podcast “A Deeper Dive.”

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