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Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 5
Financing

Chicago brand Portillo’s gets a warm welcome in the South

The hot dog and Italian beef chain is opening most of its new locations in Southern states like Florida, Arizona and Texas, where its restaurants have performed well.

Financing

Behind Cava Group’s conversion of Zoe’s Kitchen restaurants

A Deeper Dive: Brett Schulman, CEO of Cava Group, joins the podcast to talk about a wide range of topics, including its rapid expansion thanks to its acquisition of Zoe’s Kitchen.

The private equity firm is backing a three-unit upscale concept founded by the former CEO of Bravo Brio Restaurant Group.

Patrick O’Toole will be the burger chain's CMO in the U.S. and Canada as it works to revitalize its brand.

The Bottom Line: The owner of Twin Peaks, Johnny Rockets and Fazoli’s has shifted its attention to more targeted acquisitions and could spin off or sell some assets.

The doughnut chain is testing the sale of its products inside the burger giant’s Louisville, Ky., locations. The company’s goal is to see if it can sell in more locations than just retailers.

The SEC said Steve Easterbrook made false statements regarding the nature of his firing and charged McDonald’s over public disclosure violations. Easterbrook was fined $400,000. The burger giant escaped financial penalties due to its cooperation.

The Bottom Line: The bankruptcy of TOMS King Holdings may be the first domino in a substantial change in the burger chain’s franchisee base as it looks to turn itself around.

Saying the company “cannot stand still” despite recent success, CEO Chris Kempczinski announced broad changes that will require some “difficult discussions and decisions.”

The former late-night hot chicken pop-up has become one of the fastest growing chains in the country, thanks to a simple, popular menu and a lot of social media.

A Deeper Dive: CEO Bill Phelps and cofounder Arman Oganesyan joined the podcast to tell the story behind the fast casual brand, the country’s quickest-growing restaurant chain.

TOMS King Holdings, which operates 90 locations in Illinois, Ohio, Pennsylvania and Virginia, blamed the pandemic for hurting traffic and inflation for draining cash flow.

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