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Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 3
Financing

Where does the economy go from here?

The RB podcast “A Deeper Dive” features economist Joel Naroff discussing what is necessary for the economy to fully recover, and how that will affect restaurant sales.

Financing

Starbucks lost half of its traffic last quarter

The coffee giant said U.S. transactions declined 52% and same-store sales fell 40%, though performance improved throughout the period.

The new location in Oklahoma includes 18 docks, patio seating and the chain’s new brand identity.

More than half of the restaurants slated for closure are inside Walmarts as the company accelerates unit closings.

U.S. same-store sales turned positive in July as customers returned to the chain’s drive-thrus, while most international markets are now open.

The pizza chain is starting a film fest and the winner gets free pizza for a year.

The private equity firm will pay $6.5 million for the Tex-Mex concept.

Early evidence suggests they can, which could be crucial to their future, but it’s still early, says RB’s The Bottom Line.

The company is making a renewed hiring push as sales thrive during the coronavirus pandemic.

The company is also extending the pause on its dining room openings and adding more protective panels in the restaurants.

The company also promoted two other executives as it works to bolster its digital efforts.

Bloomin’ Brands sales continued to improve, and it saw little impact on sales as coronavirus spread rapidly in Florida and Texas.

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