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Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 58
Financing

Domino's CEO bets on himself

The Bottom Line: CEO Russell Weiner bought more than $1 million in stock earlier this month. But reversing the stock price’s recent slump will take a lot more.

Financing

Teriyaki Madness is not calming down

The fast-casual bowl chain has been one of the country’s fastest-growing restaurant concepts in recent years. And now it has a potential new funding source for its franchisees.

Leadership

Laxman Narasimhan takes the helm at Starbucks

The coffee chain said that its CEO-in-waiting took over the permanent position on Monday for Howard Schultz, who takes a spot on the company’s board.

Financing

An 8-unit McDonald's franchisee declares bankruptcy

Rice Enterprises, a longtime operator out of the Pittsburgh area, filed for Chapter 11 bankruptcy less than two years after it was sued over the rape of a 14-year-old employee by one of its managers.

Financing

A tweet comes between Grubhub and McDonald's franchisees

The Bottom Line: The fast-food burger chain’s former top U.S. corporate relations officer said, “cry me a river” in a now-deleted tweet about McDonald’s franchisees. It didn’t go over well, either with them or his new employer, Grubhub.

Leadership

Max Wetzel named CEO of Carl's Jr., Hardee's parent

The former Papa Johns operations chief will take over as CEO of CKE Restaurants for Ned Lyerly.

Marketing

Subway is bringing back its 'Footlong Pass'

The passes cost $15 and give the sandwich giant’s loyalty members 50% off Footlong subs throughout April. It will be for sale starting on Tuesday. The fast-food chain will sell a lot more of them this time.

Financing

Why the 2021 restaurant buying spree may come back to haunt some operators

The Bottom Line: Franchisees in particular jumped at the chance to scoop up restaurants in 2021, often paying sky-high multiples in the process. And then inflation hit.

Financing

Founder's untimely death leaves a Popeyes franchisee in bankruptcy

Premier Cajun Kings, which once operated 30 locations in Alabama, Georgia and Tennessee, struggled amid a difficult operating environment and declared Chapter 11 bankruptcy, seeking a buyer.

Financing

Are potential new 'joint employer' rules bad for franchisees? Maybe not

The Bottom Line: Robert Zarco, who now works with McDonald's franchisees, argues that a potential redefinition of the joint employer standard could reduce the level of control franchisors exert over operators.

Financing

A look into third-party delivery, virtual brands and ghost kitchens

A Deeper Dive: Senior Editor Joe Guszkowski joins the podcast to talk about the future of some of the biggest pandemic trends in the restaurant tech space and where they’re headed.

Financing

Restaurant menu price inflation is not slowing

Inflation at restaurants continued to outpace inflation at supermarkets and other retail food outlets, according to new federal data.

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