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Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 5
Financing

Expanding chains see opportunity in post-pandemic real estate

Big restaurant chains, such as Chipotle and Domino’s, expect real estate to become more favorable as locations close. But drive-thru locations could surge in value.

Food

Taco Bell is taking a dozen items off of its menu

The Mexican fast-food chain will change its menu next month, saying the simplification will improve speed and open possibilities for innovation.

The pizza chain is investing at least $40 million into its master franchisee there and has big hopes for its development in the fast-growing economy.

A report on Reddit suggested a handful of items could be on the chopping block, and the company acknowledged it is working to simplify operations.

The chain’s U.S. same-store sales rose 16% last quarter, and it hopes a new chicken wing recipe and car-side delivery will help keep that business in the future.

The longtime executive will leave his post once a successor is named and will remain with the company through the end of the year.

Industry sales appear to have rebounded some last week, according to tracking data, with quick-service flat or rising.

The chain’s president, Charlie Guzzetta, joins the RB podcast “A Deeper Dive” to talk about the coronavirus and its merger with Opes Acquisition.

Special purpose acquisition companies, or SPACs, have been taking more companies like BurgerFi public. RB’s The Bottom Line examines the strategy and finds mixed results.

A renewed virus and more shutdowns will hurt a lot more restaurants without further assistance, and the damage will be permanent, says RB’s The Bottom Line.

The chicken chain is also urging operators to do the same in several states where the coronavirus is spreading again.

The burger chain will start selling Whoppers made from cattle fed a special diet that cuts its greenhouse gas emissions.

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