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Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 5
Financing

Punch Bowl Social declares bankruptcy

The company filed for Chapter 11 on Monday. On Tuesday it blamed the filing on two former executives.

Financing

Saladworks parent company buys Garbanzo Mediterranean

Centre Lane Partners bought the fast-casual chain out of bankruptcy for $1.2 million and has formed a new holding company called Woworks.

Editors’ Roundtable takes on the question of how long it will take for a return to normal, and what the industry will look like.

Operators are pushing for a technology cooperative that would give them more say in the company’s digital moves.

The company is depositing a dollar into select customers’ Venmo accounts as it pushes value into the new year.

A deep look at the restaurant sectors that have suffered the most as the coronavirus and dining-room shutdowns ravaged the industry.

Franchisors benefit from higher sales, while franchisees need to make a profit. The difference frequently causes controversy, says RB’s The Bottom Line.

Melissa Smith was named chief people officer for Focus; Kendall Ware was named chief brand officer of Carvel and Cinnabon; and Alisa Gmelich was named chief brand officer for Auntie Anne’s.

The burger chain has added Google integration at 5,000 U.S. restaurants as it works to make ordering easier. It also has a unit in a ghost kitchen.

The coronavirus pandemic, restaurant shutdowns and their impact dominated headlines this year and will change the industry for good.

Restaurant executives and investors had their fair share of stumbles in 2020, even without the pandemic. Let’s look at five of them.

The private equity firm is taking a minority stake in the innovative breakfast and lunch chain.

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