Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 4
Financing

Wall Street flees the restaurant business

The Bottom Line: It’s been a tough year for many restaurant chains so far in 2024, and stock prices reflect that difficulty.

Financing

Popeyes' parent is buying the brand's China operation

Restaurant Brands International is also making a big investment in Tims China, which operates Tim Hortons in the fast-growing country.

The Bottom Line: Frozen yogurt and better burger chains dominated growth a decade ago. Their differing long-term results are instructive for today’s hot restaurant sectors.

The bowling-and-bocce eatertainment chain’s sales were strong in April. But investors hammered the stock after it reported weak profitability.

As Subway's dominance has eroded over the past decade, Jersey Mike's has rapidly gained market share in the sub-sandwich restaurant category, setting the stage for an eventual takeover.

The chain of conveyor-belt sushi restaurants said that its results last quarter “did not meet our expectations” and blamed it on “unanticipated softness in California.”

The Bottom Line: Closures and bankruptcy filings have become commonplace in recent months. It’s a tough market, and this is the result.

Restaurant Business looks at the 10 brands from the Technomic Top 500 Chain Restaurant Report that grew the fastest in 2013, one decade ago. Here’s how they’re doing today.

A Deeper Dive: Juan Martinez, principal with Profitality, joins the podcast to talk about value and how companies can win in a tough market.

Miracle Restaurant Group, which operates 25 restaurants in Illinois, Indiana, Texas, Mississippi and Louisiana, sought Chapter 11 debt protection for the second time.

The Bottom Line: The chicken sandwich chain has been an unstoppable powerhouse for years. But customer-satisfaction data and value scores show some diners are frustrated over its prices.

The Seattle-based coffee shop chain, eager to reverse a sales decline, this week introduced a line of energy drinks, hoping to lure more younger customers to its restaurants.

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