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Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 236
Financing

Large restaurant chains will more easily survive the pandemic

While no company is immune to the coronavirus shutdown, it will likely widen the divide between larger chains and smaller ones, says RB’s The Bottom Line.

Operations

Taco Bell, KFC and Pizza Hut are making workers wear masks

Yum Brands chains will also take workers’ temperatures and have them wear gloves as part of the company’s evolving response to the coronavirus.

Financing

Restaurants appeared to be enjoying a strong start to 2020

The coronavirus interrupted great quarters for several chains, making a year of growth into one of financial rescue, says RB’s The Bottom Line.

Financing

Another 6.6 million people filed for unemployment

Nearly 17 million Americans have been left jobless in just the past three weeks, with many of them undoubtedly restaurant workers, says RB’s The Bottom Line.

Financing

Black Box: Same-store sales fell 28% in March

The industry had its worst month on record, and even that doesn’t fully account for how bad it was.

Financing

Ruby Tuesday’s owner wants any restaurant to be a ghost kitchen

NRD Capital has created Franklin Junction, a company that creates “host kitchens” in restaurants that have excess capacity and need sales.

Financing

Half of Starbucks’ U.S. locations are closed

The company said same-store sales fell as much as 70% in the last week of March as the coronavirus shutdown took hold.

Financing

Casual dining will not be the same after the coronavirus shutdown

With many chains already struggling, the sector faces a quick shakeout as dine-in sales plunge and options dwindle, says RB's The Bottom Line.

Financing

More restaurant chains let workers wear masks

McDonald’s and Chick-fil-A changed their policies as federal recommendations evolve, while workers and labor-backed groups intensify pressure.

Financing

How restaurants can get creative to help people and survive the shutdown

Randy Dewitt, CEO of Front Burner Restaurants, joins this week’s episode of “A Deeper Dive” to talk about his company’s response to the coronavirus.

Financing

At McDonald’s, the coronavirus interrupted a strong start

U.S. same-store sales were up 8.1% in January and February before falling 13% in March, prompting delays in capital spending, cuts in executive pay and increased franchisee assistance.

Financing

As demand for disaster loans soars, so does frustration

Banks quickly took massive numbers of applications as small businesses sought federal help to get them through the coronavirus shutdown.

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