Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 298
Financing

Fogo de Chao gets back in the growth game

The Brazilian steakhouse concept had a better year than you'd think and is looking to get back to expansion.

Food

Now Burger King is coming out with an upgraded chicken sandwich

The burger chain, a sister company of Popeyes, is planning to roll out its version in the coming months.

Franchisee-owned stores saw strong sales last quarter, but company stores were left behind. The differences were largely regional.

The coffee giant’s Community Resilience Fund will aid small businesses and community projects that promote racial equity and “environmental resilience.”

Darden Restaurants CEO Gene Lee doesn’t think growth in to-go orders is as “sticky” as people want it to be, says RB’s The Bottom Line.

The $1.5 billion operator is looking at deals again after taking 2020 off, but it is slowing its growth to preserve cash in the coming years.

The CEO and great-granddaughter of the company’s founder will take over for her father, Bill Ingram, who is retiring.

The drive-thru chain, which was struggling before the pandemic, has seen sales surge and received new funding from Oak Hill Capital to further growth.

In a letter sent to the system on Friday, he also joined a statement from the Business Roundtable condemning President Trump and other politicians for inciting the violence.

Led by the Inspire-Dunkin’ Brands deal, 2020 turned out to be a bigger year for acquisition activity than expected. Expect more of the same this year.

Tastemaker Acquisition Corp., a restaurant-focused acquisition vehicle formed by former Barteca and Jamba executives, raised more than expected in its offering, says RB’s The Bottom Line.

The industry now employs 9.8 million people as restaurants shut services due to coronavirus restrictions.

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