Jonathan Maze

Page 4

Starbucks goes cold

The coffee giant’s U.S. traffic grew 3% last quarter, thanks in part to sales of more cold beverages.

McDonald’s system sales hit $100B last year

Delivery, kiosks and core menu items helped the chain generate its best comparable-store sales in more than a decade, but traffic remains elusive.

Financing

Coronavirus closes half of Starbucks’ China restaurants

The company said it is monitoring the operating hours of all of its locations in the country amid the fast-growing outbreak.

Financing

A look at some recent restaurant chain bankruptcies

On Monday, Bar Louie and the owner of Village Inn and Bakers Square became the latest restaurant chains to file for federal debt protection. Here's a roundup of recent filings.

Food

McDonald’s adds a new weapon in the breakfast wars: Chicken

The chain is selling Chicken McGriddles and McChicken Biscuits for a limited time as competition grows.

Financing

Strong year nets Starbucks CEO a bigger paycheck

Kevin Johnson’s pay package increased 36% in the company’s past fiscal year, thanks largely to incentives.

Financing

Restaurant chains have no room for error

Bankruptcy filings by Bar Louie, Krystal and American Blue Ribbon all reflect the industry’s competitive and operational challenges, says RB’s The Bottom Line.

Financing