Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 78
Financing

Restaurants’ value offers are muted as margins thin

The Bottom Line: More companies are pushing value as consumers feel the pinch of inflation. But the offers are more expensive and likely kept to the app.

Leadership

KFC loses a trio of executives to early retirement

The U.S. market’s chief operations officer and chief financial officer and its director of national field operations are all leaving.

The cookie chain, facing a growing number of competitors, has released an ad featuring the famed announcer saying, “Let’s get ready to Crumbl!”

The pizza delivery chain has seen its unit growth slow in the U.S., but it remains bullish on its overall growth potential here.

The Bottom Line: The fake meat maker is cutting 19% of its workforce in the latest sign that the plant-based trend is past its peak.

Marketing Bites: Kraft pulls a Big Mac marketing stunt; another brand starts a loyalty program and White Castle answers some questions.

The pizza chain is raising the price of its $5.99 carryout offer to $6.99 as those sales continue to perform well. It argues that inflation will be bad for the delivery business.

But overall inflation increased more than expected as consumers paid higher prices for food, shelter and medical care.

The pizza chain sold the locations for $41.1 million. It also said its same-store sales improved in the U.S. last quarter.

The coffee giant is partnering with the airline in the most prominent example yet of a major restaurant chain expanding the scope of its loyalty beyond its locations.

A Deeper Dive: Rich Shank, senior principal with Technomic, joins the Restaurant Business podcast to discuss the impact of menu inflation on consumers.

The sandwich giant says its restaurants’ same-store sales rose 8.4% in the third quarter, with September particularly strong.

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