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Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 288
Financing

Sales at KFC and Pizza Hut soared last month

The two brands each posted multi-year sales marks last month as consumers readjusted to pandemic dining.

Financing

Starbucks plans to speed its development of takeout-only stores

The coffee giant plans to close up to 400 locations and replace them with new types of stores in different locations, while the pandemic has cost the chain $3 billion in revenues.

Workforce

Dunkin’ franchisees plan to hire 25,000 workers

The chain is launching a national employee recruitment advertising campaign as it looks to bolster staff.

Financing

What will happen to restaurants when the rent comes due?

Some executives think the third quarter could become a “bloodbath” for some restaurant chains as landlords demand rent, says RB’s The Bottom Line.

Financing

BurgerFi to go public after proposed merger with Opes Acquisition Corp.

The fast-growing burger chain has a non-binding letter of intent to merge with the blank-check company.

Marketing

Restaurant chains make donations and vow to make changes

McDonald’s, Wendy's and others have expressed support for Black Lives Matter and have donated to black causes.

Financing

Do restaurants donate to candidates? It’s complicated

While big chains like Wendy’s and McDonald’s don’t themselves donate, some have active political action committees that do.

Financing

Restaurants rehired nearly 1.4M workers last month

Federal stimulus dollars and unexpected sales gains helped the industry bring back laid off workers.

Financing

Mercato Partners announces a new $90M restaurant investment fund

Savory Fund I is designed to develop promising restaurant concepts, and has experienced operators on board to help guide the firm’s investments.

Financing

John Chidsey brings his Burger King playbook to Subway

Subway franchisees are pushing back against a Footlong sub promotion, much like Burger King operators fought a $1 Double Cheeseburger, says RB’s The Bottom Line.

Financing

Judge lets workers’ coronavirus lawsuit against McDonald’s proceed

The lawsuit alleges that the company failed to provide adequate protection to workers.

Financing

Subway franchisees overwhelmingly oppose a new Footlong offer

Three-quarters of operators in a survey said they don’t like the proposed promotion as tensions between the company and franchisees intensify.

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