Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 84
Financing

Here is who would be affected most by California’s fast-food wage bill

The Bottom Line: At least 128 restaurant chains and 19,000 locations would be affected by the legislation. Companies like Jack in the Box and Del Taco may feel it the most.

Leadership

Starbucks names Laxman Narasimhan its new CEO

The former chief executive of hygiene and health products company Reckitt will join the coffee giant on Oct. 1 and take over leadership on April 1.

The fast-casual Hawaiian barbecue chain said that its new chief executive will focus on the company’s expansion.

The Bottom Line: The chain is struggling under the burden of its customizable beverages and growing food orders. It is hardly the first to suffer from an overcomplicated menu.

The pandemic led to mass layoffs, isolation and poor mental health. It became a perfect environment for drug and alcohol abuse.

The sandwich giant offered 10,000 people the chance to get 50% off their footlong subs throughout September for $15. It sold out in six hours.

A Deeper Dive: Wan Kim, CEO of the fast-growing chain, discusses how the chain risked its growth to stay true to its healthy mission.

Joe Erlinger, head of McDonald’s USA, said the legislation creates an unfair playing field by targeting chains with 100 or more locations nationwide and not everybody. “This should raise alarm bells across the country.”

The Bottom Line: Chili’s move to suspend its robot server expansion is the latest piece of evidence suggesting that automation may be further away than we think.

The coffee giant unveiled its fall menu, including the new Pumpkin Cream Cold Brew, which goes on sale starting Tuesday. Here are some notable facts about the menu.

But the discounts are more muted and targeted. KFC has a new two-piece dark meat chicken meal for $6. Applebee's is bringing back unlimited Boneless Wings.

The quarterback for the Super Bowl champion Los Angeles Rams will appear in training camp-style ads as the chain becomes the official pizza of the NFL.

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