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Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 6
Financing

Domino’s still hopes it can fix delivery without using third parties

The pizza chain’s sales continue to lag, largely because it can’t find enough drivers. But it says “all options will remain on the table” until it can solve the problem.

Financing

Domino’s 113-quarter international sales streak comes to an end

The pizza delivery chain’s same-store sales outside the U.S. fell for the first time since 1993. U.S. same-store sales declined and the company increased its expectations for food cost inflation.

The Bottom Line: We explain the depths of operators’ frustration with management, and why an independent association could take a vote of no confidence in McDonald’s top executives despite the chain’s strong performance.

A Deeper Dive: Shahpour Nejad, CEO and cofounder of Pizza Guys, joins the restaurant podcast to discuss his company’s history, its slow growth and its shift into a higher expansion gear.

The former Wingstop chief executive called the salad restaurant chain “the QSR industry’s best-kept secret” and nominated himself for the position.

The Bottom Line: The likelihood of an economic downturn is increasing and there is already evidence of slowing demand, but there are reasons the industry is in better shape to withstand these problems.

After the success of Dutch Bros, chains like Biggby Coffee and Tim Hortons have added energy drinks. Expect more of them as younger consumers in particular demand the beverage.

A vast majority of operators back a vote of no confidence in CEO Chris Kempczinski over tougher new standards on renewals, according to a survey by an independent franchisee association.

The chicken chain, which generated success with its chicken sandwich last year, is serving nuggets made with its Original Recipe in Charlotte.

Foot traffic to coffee chains slowed in June, according to Placer.ai, and has fallen below its fast-food restaurants for the first time in a year. Are higher prices to blame?

The Bottom Line: Restaurant sales rose 1% in June, about as much as menu prices increased. The average consumer remains resilient and less willing to cut back on dining out than on other things.

Prices hit a 40-year high again in June. But overall inflation has been worse.

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