Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 5
Financing

The eatertainment business shows signs of wear

The Bottom Line: The food-and-games concept Chicago WhirlyBall filed for bankruptcy last week as companies like Dave & Buster’s and TopGolf show sales weakness.

Financing

A 48-unit Subway franchisee declares bankruptcy

River Subs LLC, a large operator out of San Antonio, is seeking Chapter 11 debt protection after losing a nearly $3 million judgment in a wrongful death lawsuit.

The Bottom Line: Same-store sales have slowed markedly for the past year as customers shifted to other options. And now operators are furiously working to get them back.

The large operator has acquired the debt in the casual-dining Mexican chain, paving the way for a potential acquisition.

Some of the country’s largest restaurant chains serve burgers as their main dish. Here’s a look at the 10 biggest, according to the Technomic Top 500.

Technomic Top 500 data reveals a shift in consumer demand for burgers at restaurants, away from traditional fast-food outlets. But they're not all shifting to fast-casual chains.

The Bottom Line: Franchising is no less risky than opening your own restaurant. Just ask former NFL player David Tyree and the former president of McDonald's Mexico.

The fast-food giant will start selling its $5 Meal Deal next week as it works to regain lost traffic. But it is also reminding customers of its existing deals.

Operator EYM Pizza closed 15 locations in Indiana amid a lawsuit from the pizza chain franchisor over unpaid royalties and poor performance.

A Deeper Dive: Scott Redler, co-founder of Freddy’s and former chair of the National Restaurant Association, joins the podcast to talk about the state of the industry right now.

Melt Bar & Grilled, an Ohio chain that was featured on the Food Network and the Travel Channel, joins the Chicago concept Kuma’s Corner and other small chains running into post-pandemic financial problems.

The Bottom Line: The fast-food giant’s decision to end its drive-thru AI test with IBM is the latest pullback away from a pair of technology acquisitions it made five years ago.

  • Page 5