Jonathan Maze

Editor-in-Chief

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Jonathan Maze

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Financing

Podcast transcript: Wingstop CEO Michael Skipworth

A Deeper Dive: The chief executive of the fast-casual chicken wing chain talks about how his restaurant chain solved the wing cost problem, how chicken sandwiches transformed the business, and the prospects for going 100% digital.

Leadership

Carl's Jr. gets a new brand president as its parent company restructures

CKE Restaurants, which also owns the burger chain Hardee’s, has separated its two fast-food brands and its international development under a trio of executives.

But the fast-food chain’s chief executive, who was recently given the chairman title, still makes less than he did two years ago.

A Deeper Dive: Michael Skipworth, CEO of the chicken chain, joins the Restaurant Business podcast to discuss wings, chicken sandwiches and technology.

The combination restaurant and arcade chain is working on upgrading its menu offerings to bolster food attachment. But it is also planning to raise gaming prices to improve profits.

The Bottom Line: It’s not certain yet how the $20 wage will impact chain restaurants. But one thing is clear: Most of the companies affected are small businesses that are already facing profit challenges.

The pizza delivery chain is building on its “Better Ingredients, Better Pizza” with a new marketing slogan, “Better Get You Some," along with a campaign featuring Big Boi.

The Virginia-based operator acquired the restaurants in Pennsylvania, Ohio and West Virginia, making it one of Wendy’s largest franchisees.

The Bottom Line: The restaurant industry has a traffic problem and consumers are fretting about prices. But the $20 fast-food wage in California makes it difficult to market any kind of value.

The eatertainment concept signed another international development deal as it pushes to bring its restaurant and games venues to more global markets.

The Bottom Line: Led by Sweetgreen and Cava, fast-casual restaurants outperformed other sectors. Wall Street rewarded them.

No reason was given for the departure of Rian McCartan. Alex Dunn, managing partner of the beverage chain’s owner The Larry Miller Co., was named interim CEO.

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