Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 67
Financing

Subway wades into a difficult M&A market

The Bottom Line: Sale processes like the one the sandwich giant is apparently planning do not come very often. That doesn’t mean a sale is a slam dunk. And $10 billion may be tough to get.

Financing

Restaurant menu prices slowed in December

Prices for restaurant meals rose 8.3% year over year in December as full-service operators slowed their price increases. Inflation as a whole also slowed down in the month.

Noting that in-store workers don’t have the privilege to work from home, Interim CEO Howard Schultz said employees need to come into the office three days a week.

The privately held sandwich giant has reportedly hired advisers to explore a sale. It would attract a wide range of potential buyers.

More acquisitions, slowing food costs, omnichannel business models and evolving loyalty programs all featured prominently in operators’ presentations during the three-day event in Orlando.

The hot dog and Italian beef chain is opening most of its new locations in Southern states like Florida, Arizona and Texas, where its restaurants have performed well.

A Deeper Dive: Brett Schulman, CEO of Cava Group, joins the podcast to talk about a wide range of topics, including its rapid expansion thanks to its acquisition of Zoe’s Kitchen.

The private equity firm is backing a three-unit upscale concept founded by the former CEO of Bravo Brio Restaurant Group.

Patrick O’Toole will be the burger chain's CMO in the U.S. and Canada as it works to revitalize its brand.

The Bottom Line: The owner of Twin Peaks, Johnny Rockets and Fazoli’s has shifted its attention to more targeted acquisitions and could spin off or sell some assets.

The doughnut chain is testing the sale of its products inside the burger giant’s Louisville, Ky., locations. The company’s goal is to see if it can sell in more locations than just retailers.

The SEC said Steve Easterbrook made false statements regarding the nature of his firing and charged McDonald’s over public disclosure violations. Easterbrook was fined $400,000. The burger giant escaped financial penalties due to its cooperation.

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