Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 62
Financing

Papa Murphy's owner hopes the brand's tough 2022 is in the past

The take-and-bake pizza chain "closed a lot of stores" last year amid lower franchisee profits. But parent company MTY Food Group says 2023 has started out much better.

Financing

Krispy Kreme sold a ton of doughnuts last year

The Charlotte, N.C.-based chain sold a record number of doughnuts in 2022. And its Insomnia Cookies brand also generated strong revenue growth.

The former Domino’s CEO, who returned as executive chairman of Burger King owner Restaurant Brands International in November, said he is “all in” with his new position.

A Deeper Dive: Cameron Mitchell, founder of Cameron Mitchell Restaurants, joins the RB podcast to talk about building culture, the state of fine dining and chocolate milkshakes.

The “California-inspired fresh eatery,” slated to open in Santa Monica, Calif., will help the fast-casual burrito restaurant chain test and learn for future growth.

The cost of a night out continued to grow last month as the gap between restaurants and grocery stores narrowed.

The Bottom Line: Restaurant Brands International, under its new executive chairman and incoming CEO Josh Kobza, said improving profits for its store owners is critical to driving future growth.

The fast-food sandwich chain confirmed on Tuesday that it is exploring a potential sale, making one of the nation’s biggest restaurant chains up for grabs.

The 11-year company veteran, who had been COO, will take over for José Cil on March 1. Cil will remain with the Burger King and Tim Hortons parent company for one year as an advisor.

The Bottom Line: The fast-food chicken-sandwich restaurant chain is getting criticism from customers and some political opportunists for testing a new plant-based menu item.

The fast-food burger chain’s latest Famous Orders meal is for two, targeted at couples on date nights or friends hanging out with one another.

The fast-food restaurant chains are using artificial intelligence to make their weekly supply orders, which is designed to increase accuracy and cut back on food waste.

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