Continue to Site >>>

Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 55
Financing

Burger King franchisee Toms King is being sold for $33M out of bankruptcy

The big operator, which sought Chapter 11 bankruptcy protection in January and was put up for sale, is being sold to four different companies, including Burger King's former U.K. operator and a big Round Table Pizza franchisee.

Financing

Layoffs over Zoom? McDonald's takes a big risk with its reorganization

The burger giant is letting “hundreds” of its people go virtually, causing fear among employees and more anger among operators already frustrated by other changes.

Financing

El Pollo Loco's private equity investor finally heads for the exits, after 18 years

Trimaran Capital Partners, which first invested in the chicken chain in 2005 and took it public in 2014, is liquidating its holdings in the chain.

Financing

McDonald's, despite strong sales, prepares for layoffs

The burger giant is temporarily closing corporate offices this week to notify employees who will be left without a job as part of its corporate restructuring. McDonald's argues the reorganization will speed up innovation.

Financing

Burger King and its struggling franchisees have a long way to go

The Bottom Line: The closure of 26 restaurants in Michigan is another demonstration that the fast-food burger chain has a lot of work to do in its comeback effort. And its issues date back more than 15 years.

Leadership

Don Fox, longtime Firehouse Subs CEO, is stepping down

In a Facebook post, the longtime chief executive of the sandwich chain said COO Mike Hancock will take over day-to-day operations. Fox will remain Firehouse’s chairman.

Financing

Yum Brands has a $50M deal to help finance underserved franchisees

The program with the investment firm Lafayette Square, called Franchise Fast Start, is designed to provide access to capital for underrepresented franchisees of KFC, Pizza Hut, Taco Bell and Habit Burger.

Financing

Let's look at the reported bidders for Subway

The Bottom Line: Inspire Brands owner Roark Capital along with global gas station and restaurant operator EG Group are among the reported potential bidders for the fast-food sandwich chain. Here’s a look at the field.

Financing

One of the bankrupt Burger King franchisees is on the verge of a sale

Burger King is among a trio of approved buyers of most of the 90 units owned by Toms King Holdings, which declared bankruptcy in January. A court has yet to approve the deal.

Financing

McDonald's board shakeup continues as two longtime directors retire

Robert Eckert and John Rogers, who joined the board on the same day in 2003, are retiring as part of the company's "commitment to ongoing refreshment" of its directors.

Financing

Small towns help McAlister's Deli become a big brand

The sandwich chain is on the verge of becoming the first $1 billion concept in the Focus Brands portfolio, thanks to a willingness to expand where others might not.

Financing

Focus Brands CEO Jim Holthouser on the future of the company's concepts

A Deeper Dive: The head of the company that owns Auntie Anne’s, Cinnabon, Carvel, McAlister’s Deli, Schlotzsky’s, Jamba and Moe’s discusses the brands’ growth strategies on this week’s podcast. Also: IPOs, franchisee optimism and tipping.

  • Page 55