Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 289
Financing

In-N-Out sues its business interruption insurance provider

The burger chain has sued Zurich American Insurance Company for breach of contract in denying its claim.

Financing

McDonald’s franchisees want to make their smaller menu permanent

As operators of fast-food brands enjoy more efficient service than ever, many want to see changes last long after the shutdown, says RB’s The Bottom Line.

Several concepts have found buyers, albeit at low prices, as investors take bets on an industry comeback, says RB’s The Bottom Line.

Across the country, operators—many of whom were readying to reopen amid the pandemic—are cleaning up after several nights of violence and looting.

While the offer worked when it was first proposed, a decade’s worth of food and labor costs make it difficult, if not impossible, to make a profit, says RB’s The Bottom Line.

The casual dining chain, which has been shrinking for years, has closed at least 150 locations, more than a third of the system, and many will not reopen.

Le Pain Quotidien and Vapiano were both struggling here before the pandemic, proving again the difficulty foreign chains have in establishing a beachhead, says RB’s The Bottom Line.

But sister brands Tim Hortons and Burger King are both down, even as the chains’ sales improve.

The company is offering vendor rebates to get operators on board, but the franchisee association is recommending its members opt out of the campaign.

Cofounder and CEO Zach McLeroy joins the RB podcast A Deeper Dive to discuss the chain’s response to the pandemic, as well as its future.

Same-store sales rose 33.5% in May, even as states started reopening restaurants for dine-in service.

U.S. same-store sales are up 14% so far this quarter, including 21% the past four weeks, as consumers stay in and order pizza.

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