Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 296
Food

Pizza Hut introduces Detroit-style pizza nationwide

The limited-time offer comes as competition in the pizza sector intensifies.

Financing

Cici’s, hammered by the pandemic and third-party delivery, declares bankruptcy

The pizza chain filed for Chapter 11 and has a deal to be sold to one of its lenders.

The chocolatier, citing shifting sales to digital, will either close or sell all 128 of its North American stores just three years after entering the market.

The chain’s heavy reliance on prices and emphasis on traffic over profitable sales have led to its current troubles, says RB’s The Bottom Line.

Charger Investment Partners has completed a growth investment in the Utah-based chain.

Rackson Restaurants, which also operates Popeyes, operates more than 55 locations and has plans to grow larger.

The chicken chain is releasing a rare national limited time offer beginning on Monday as the fast-food business continues to go crazy for chicken sandwiches.

Joe Erlinger said operators' “pause” on non-essential communications was “not in the system’s best interest” as the chain’s franchise relations remain strained.

After a tough pandemic, the industry could face a strong decade as consumers return and companies build new locations.

The giant Pizza Hut and Wendy’s franchisee is being sold to Flynn Restaurant Group and five other franchisees.

The burger chain, which has been closing locations, has debt that comes due in March and is exploring out-of-court restructuring or a bankruptcy filing.

Too many locations and low unit volumes make the chain's challenges difficult. But they're not insurmountable, says RB's The Bottom Line.

  • Page 296