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Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 6
Financing

As the pandemic hit, consumers turned quickly to digital

Habit Burger, Pizza Hut and KFC saw their digital orders soar as consumers shifted their ordering habits.

Financing

Pizza Hut owner Yum Brands could bring in new operators

The fast-food chain operator is working to help struggling franchisees but suggests outside investors could step in, too.

Scott Svenson, co-founder of the fast-casual pizza chain, joins this week’s episode of “A Deeper Dive” to discuss the company’s strategy for dealing with the COVID-19 shutdown.

The fast-casual concept is taking issue with the agency’s requirement that a company can’t be in bankruptcy to receive funds, even though other companies filed for protection after receiving approval.

The coronavirus has cost it more than $900 million in revenue, and the company said things will get worse before they get better.

Tory Bartlett was named chief operating officer and brand lead of Schlotzsky’s

With a lot of operators in dire straits, expect banks to give them breaks—but the post-pandemic lending market could be very different, says RB’s The Bottom Line.

Fat Brands says it expects to close a deal by the end of this quarter as prices fall and flexibility increases.

As restaurants reopen, many regulations explicitly forbid buffets and self-service. That could require massive changes at buffet concepts, or their end altogether, says RB’s The Bottom Line.

CtW Investment Group, which works with union-backed pension funds, is calling for shareholders to remove Enrique Hernandez over CEO Steve Easterbrook’s exit deal.

With tens of thousands of retail and restaurant closures, the pandemic will accelerate consumer trends, says RB’s The Bottom Line.

As states allow dining rooms to reopen, operators face haphazard regulations, an economic recession, health concerns and major risks.

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