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Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 6
Financing

Inspire Brands to buy Dunkin’ in $11.3B deal

The restaurant industry's largest deal in six years will make Arby's and Sonic's owner one of the country's largest restaurant operators.

Financing

Restaurant chains are set to close thousands of locations

Starbucks, Dunkin’, IHOP, Pizza Hut and others are shuttering units as they shift business models or their sales struggle.

Current Black franchisees have sued the company, accusing it of a systemwide pattern of discrimination.

The chain’s same-store sales improved in September, thanks to strong sales of the Pumpkin Cream Cold Brew and big consumer orders.

The chain now expects to close 500 domestic locations in the next year as the chain accelerates its shift away from poor-performing urban areas.

The brand operator sold all of its shares of the delivery provider and pocketed a profit, ending what had been a notable deal, says RB’s The Bottom Line.

The chain has about a third of its breakfast business during the pandemic, but its speedier drive-thrus kept sales growing.

The chain’s sales at takeout and delivery units are on par with its rivals as the company works on closing its old full-service restaurants.

The company’s flagship coffee chain has closed nearly 700 locations this year, more than half of them inside Speedways, as it shifts strategy during the pandemic.

The former Boeing executive will modernize the company’s Hamburger University.

Brinker International is looking at ideas to expand the virtual concept and the company is considering other delivery-only concepts..

This week’s episode of the RB podcast “A Deeper Dive” features Lorn Davis, from the financial services firm Facteus, to talk about industry metrics in the COVID era.

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