Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 293
Financing

Restaurant sales show signs of life

Numbers from Black Box Intelligence indicate that the industry has found its bottom and is slowly regaining some customers.

Financing

How the coronavirus is shaking up delivery

Technomic’s Melissa Wilson joins “A Deeper Dive” to talk about the future of third-party delivery.

The activist investor argues the company was too quick to abandon its investment, says RB’s The Bottom Line.

Operators raised concerns about corporate support, while the company urged the franchise association to back efforts to raise worker pay during the coronavirus shutdown.

A proposed class action accuses DoorDash, Uber Eats, Grubhub and Postmates of forcing restaurants to raise prices.

The food and games chain has a deal with Jefferies to sell up to $75 million in stock to strengthen a balance sheet damaged by the coronavirus shutdown.

Mason Smoot was named U.S. chief restaurant officer after the retirement of Charlie Robeson, and the company has a new chief of staff and chief people officer.

Companies from distributors to point-of-sale providers have faced their own challenges as restaurant sales crater.

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.

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

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

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.

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