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Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 53
Financing

Here's how many restaurants Subway closed last year

The fast-food sandwich giant slowed its rate of closures in 2022 but still shuttered 571 U.S. restaurants. It has the lowest number of restaurants since 2005.

Leadership

Fat Brands names two replacements for CEO Andy Wiederhorn

Ken Kuick, the CFO, and Rob Rosen, EVP of capital markets, will become co-CEOs of the franchise brand operator on Friday.

Financing

Chipotle regains its status as a Wall Street darling

The Bottom Line: The fast-casual Mexican chain’s stock is over $2,000 per share as investors put money back into restaurants in 2023.

Financing

The economy is headed for a recession, or maybe it isn't

The Bottom Line: Some restaurant executives believe a recession is coming and economic data appear to be pointing in that direction. But sales have started out strongly, and not everyone agrees.

Financing

With delivery sales still slow, Domino's looks to improve its service

The pizza chain will train its franchisees this summer in a bid to improve delivery times and service. It is also planning changes to its loyalty program and a redesign of its e-commerce platform.

Financing

Higher prices and more innovation helped Domino's sales improve

The pizza chain’s same-store sales rose 3.6% in the U.S. and its profits improved, sending the company’s stock higher. But the stock quickly turned south later in the morning.

Financing

Krystal is merging with Logan's Roadhouse owner SPB Hospitality

The multi-concept operator, which emerged from the ashes of Craftworks Holdings, is taking in its first fast-food chain in Krystal. Both companies are owned by the private equity firm Fortress Investment Group.

Food

Here's what Chick-fil-A customers think of the chain's Cauliflower Sandwich

More than two-thirds of the chain’s diners who tried the vegetarian sandwich said they would buy it again.

Financing

Duck Donuts CEO Betsy Hamm on adapting to a changing market

A Deeper Dive: The chief executive of the made-to-order doughnut chain joins the podcast to discuss the company's new prototype and growth strategy.

Marketing

McDonald's changes the name of a chicken sandwich and sales soar

The fast-food burger chain’s simple name change led to double-digit sales increases of the McCrispy Sandwich in the first quarter, proving again that branding matters.

Financing

The CEO of Ruby Tuesday files a lawsuit over the sale of Fuzzy's Taco Shop

Shawn Lederman filed a lawsuit against the chains’ former owner, NRD Capital, arguing he is owed $1 million from the sale of the taco chain.

Financing

At McDonald's, a strong quarter marked by caution

The Bottom Line: The fast-food burger giant appears to be hitting on all cylinders. But it warned about the operating environment and remains convinced that a recession is in the offing.

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