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Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 69
Financing

In a tough year for stocks, investors bet on big chains

The Bottom Line: The largest chains fared best in a tumultuous 2022 on Wall Street as recession fears and inflation led investors to flee for safety.

Leadership

Carrols Restaurant Group CEO Paulo Pena dies

The former McDonald’s executive was named head of the Burger King franchisee last year. Anthony Hull was named interim chief executive.

Financing

The year in charts

The Bottom Line: Costs soared, menu prices rose, but consumers kept spending. Here’s a look at the restaurant industry’s 2022 in a few key charts.

Financing

Meritage Hospitality Group to acquire 43 Wendy’s restaurants

The Michigan-based operator has made 27 acquisitions in the burger chain’s system and now owns more than 300 restaurants.

Financing

The best of Restaurant Business 2022

From the Editor: Here are the top stories, blogs and podcast episodes from a complicated year in the restaurant industry.

Financing

Why restaurants will be able to withstand an economic downturn

A Deeper Dive: Michael Swanson, an agricultural economist from Wells Fargo, joins the podcast to talk about the outlook for food costs and industry sales in 2023.

Financing

Private equity bows out of restaurant chain dealmaking

The year in acquisitions: Strategic deals dominated a weak year for industry mergers and acquisitions. Investment firms remained on the sidelines.

Financing

Why you should not sleep on Insomnia Cookies

The Bottom Line: The late-night treat chain wants to be able to deliver warm cookies to 95% of the U.S. and has the unit economics to justify expansion. But it must first navigate a competitive cookie market.

Operations

A former corporate security officer sues McDonald’s for discrimination

The former VP in charge of executive protection accused the company of retaliating against him after he apparently contradicted the CEO during a public forum. The burger giant said the lawsuit runs “completely afoul of the facts.”

Financing

Inspire Brands sells Rusty Taco to the owner of Cicis Pizza

The owner of Arby’s and Dunkin’ decided that the taco chain would be better off in the hands of a company that operates emerging brands.

Leadership

KFC U.S. makes some executive changes

Ben Dubost was named chief development officer for the chicken chain and Kate Ward was named chief legal officer.

Financing

Struggling Freshii to be sold to Foodtastic

The healthy fast-casual franchise has agreed to be sold to a growing Canadian restaurant operator for $54 million.

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