Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 32
Financing

Executives' franchisee profitability comments are pointless until they report the data

The Bottom Line: McDonald’s and its franchisees differ on the profitability of restaurants, but we can’t judge for ourselves because the company doesn’t release the data, like most franchise businesses.

Leadership

Krispy Kreme to promote Josh Charlesworth to CEO

The company’s chief operating officer will take the top job in January. Current CEO Mike Tattersfield will remain on the board and will serve as a senior advisor.

The burger chain's operators say their cash flow has not kept pace with inflation and the higher royalty on new units and acquisitions will make matters worse. But they say a term change is the bigger problem.

The burger giant plans to start charging its franchisees 5% of revenue on new locations or acquisitions of corporate restaurants starting next year in the U.S. and Canada, up from 4%.

The pizza buffet chain plans to operate as a virtual brand out of its fast-casual sister chain starting next year.

The Bottom Line: The addition of the sandwich giant will make Roark a bigger player than McDonald's in the U.S. But its position in the sandwich market will not be all that unusual.

The Bottom Line: Restaurants have stepped off the pricing gas. But sales are slowing and traffic is weak, and more operators are turning to price promotions.

Quick-service brands have long used food stylists to make their burgers look better in ads than they do in the restaurants. But customers are pushing back. And a recent ruling against Burger King is giving their complaints life.

A Deeper Dive: Marketing expert Chip Klose joins the podcast to talk about how small restaurant brands can keep pace with the big guys.

The doughnut chain is an “affordable luxury” that people gather to enjoy. Its competitors are not just Dunkin’ and other doughnut concepts but cake makers and even florists.

Dynamic pricing, also known as surge pricing, is expected to take off in the coming years, thanks to new technology. But customers may not like it.

The Bottom Line: Fewer than 200 restaurant chains will be affected by the lowered threshold included in the compromise fast-food legislation.

  • Page 32