Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 61
Leadership

KFC is bringing back its Double Down Sandwich. Yes, that one

The fast-food chicken chain said it would bring back the infamous bunless sandwich for four weeks starting on March 6.

Financing

Fewer discounts means better profits for Burger King franchisee Carrols

The franchisee, which operates one out of seven Burger King restaurants in the U.S., said it generated more cash than it has in two years as more of its customers paid the full price.

The chairman of Biglari Holdings, the owner of Steak n Shake, has acquired 5.5% of the shares in the fast-food chain operator. But the investment is passive, for now.

The burger chain, which has shifted to a counter-service model with kiosks, turned a profit last year. But it did so from fewer locations as traditional franchisees closed restaurants.

Saying that, “our business model is under attack,” Chris Kempczinski urged franchises to push back against efforts at the state and federal level to regulate franchises and fast-food businesses.

The fast-food burger chain will sell doughnuts at 160 restaurants in Louisville and Lexington and surrounding areas starting March 21. They will also be available through all channels.

The pizza chain’s delivery sales are falling as consumers shift to other options. But its carryout business has become a major source of customers.

Earnings roundup: The brand collector said asking prices for restaurants are coming down. Also, PFG senses "pizza fatigue," Ruth's Chris cuts costs with tech, Chuy's wins with LTOs and profits rise for US Foods.

The Bottom Line: The importance of franchisee cash flow is undeniable to the success of any franchise. That’s why investors should demand more data from franchised restaurant brands.

The private equity firm acquired a majority stake in the 150-unit ice cream shop franchise with an eye on taking it to the next phase of growth.

The struggling fast-casual bakery-café restaurant chain sought Chapter 11 debt protection as a creditor moved to take control of the company.

The drive-thru coffee chain, which raised prices 11% in 2022, said it plans to hold the line in 2023, particularly after it made changes to its loyalty program.

  • Page 61