Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 218
Financing

Why BurgerFi is going public in a pandemic

The chain’s president, Charlie Guzzetta, joins the RB podcast “A Deeper Dive” to talk about the coronavirus and its merger with Opes Acquisition.

Financing

Reverse mergers are suddenly all the rage

Special purpose acquisition companies, or SPACs, have been taking more companies like BurgerFi public. RB’s The Bottom Line examines the strategy and finds mixed results.

A renewed virus and more shutdowns will hurt a lot more restaurants without further assistance, and the damage will be permanent, says RB’s The Bottom Line.

The chicken chain is also urging operators to do the same in several states where the coronavirus is spreading again.

The burger chain will start selling Whoppers made from cattle fed a special diet that cuts its greenhouse gas emissions.

RB’s The Bottom Line looks at the quarantine’s winners and losers last quarter and finds some parallels.

He replaces Tim Muir, who was named chief sales officer at the parent company of Auntie Anne’s and Cinnabon.

The chicken chain has made its new Secret Recipe Fries a permanent addition to its menu and is pricing them at 30 cents Monday.

The chain’s newly remodeled Florida unit opened this week, featuring solar panels and covers all of its energy needs.

Extra unemployment insurance has helped the restaurant industry, says RB’s The Bottom Line. Now it’s slated to end.

A Bank of America report suggests larger chains have already recovered their pre-pandemic sales, while smaller chains lag.

The coffee giant will require facial coverings starting July 15, making it the first major restaurant chain to take that step.

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