Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

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Marketing

The restaurant discounts are apparently doing their job

Foot traffic data from Placer.ai suggests that McDonald’s, Chili’s, Starbucks and Buffalo Wild Wings are all getting more customers from their various offers.

Financing

Ignore the Red Lobster problem. Sale-leasebacks are not all that bad

The decade-old sale-leaseback at the seafood chain has raised questions about the practice. But experts say it remains a legitimate financing option for operators when done correctly.

The private-equity group Carlyle has taken the Japanese market for the fast-food chicken chain private in an $835 million deal. Mitsubishi Corp., which helped establish the brand there in 1970, is exiting.

The market for restaurant mergers and acquisitions has been slow for more than two years. But that market is bifurcated, as good deals get done and opportunistic buyers snap up low-priced chains.

A Deeper Dive: Kelly Roddy, CEO of Saladworks owner Woworks, joins the podcast to talk about mergers and acquisitions and the advantages of platform companies.

Starbucks, Burger King, KFC, Dunkin’ and other brands will work together on a citywide reusable cup initiative in Petaluma, California, starting August 5.

The Bottom Line: The potential bankruptcy filing of MOD Pizza further illustrates the sector’s challenges, which have worsened coming out of the pandemic.

The Bottom Line: The fast-casual pizza chain's apparent downfall may color the industry's condition more than Red Lobster. But MOD was a victim of its own decisions.

The fast-casual pizza chain, for years one of the country’s fastest-growing concepts, said it is “exploring all options” to improve its capital structure.

A Deeper Dive: The podcast features National Restaurant Association CEO Michelle Korsmo, and a discussion with RB Senior Tech Editor Joe Guszkowski on AI in the drive-thru.

Traffic to fast-food concepts has underperformed the national average, according to data from Placer.ai, while full-service restaurants there have outperformed.

One of the chain’s bankers is pushing back against US Foods’ efforts to garnish its accounts after the distributor won a judgment earlier this year. The reasoning? It has too many garnishment requests.

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