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Jonathan Maze

Executive Editor

Articles by
Jonathan Maze

Page 74
Financing

Tax reform has restaurants confident heading into 2018

But companies at the ICR Conference reveal the industry’s conflicting challenges regarding sales.

Leadership

Ray Blanchette named Ruby Tuesday CEO

The former Ignite and Au Bon Pain CEO is “bullish” on the opportunity.

Despite higher costs, chains say the industry must be cautious about raising prices.

The company said its same-store sales are down 5.1% this quarter.

Olive Garden’s owner says reform will lower its tax rate by 600 basis points.

The promotion will enable Kruguer to integrate the chain’s U.S. and international operations.

The chain expects as much as a 10-percentage-point improvement in its tax rate, thanks to reform.

But the industry’s hiring was slower in 2017 than it was in 2016.

The new position comes as the company works to expand technology efforts and its global presence.

The chain enlists Alfonso Ribeiro and Wink Martindale to sell its new $1 $2 $3 Dollar Menu

Tax cuts and wage growth could fuel sales, but industry challenges remain.

With activists pushing a potential sale, the sandwich chain gets indications of interest.