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Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 86
Operations

Here’s a look at Wendy’s new, technology-fueled prototype

The burger chain said new "Global Next Gen" restaurants will feature an optimized layout that better integrates technology and includes mobile order pickup and delivery windows.

Financing

Krispy Kreme lowers its profit outlook and its stock price plunges

The doughnut chain’s shares declined 13% on Wednesday amid weakening profits. The company also plans to close 10 weak locations and acquire a 6-unit franchisee.

Financing

On pumpkin spice, plant-based meat and Milk Bar

A Deeper Dive: This week’s podcast features a discussion on fast-food menu trends, including the future of plant-based meat and the proliferation of ultra-limited time offers.

Leadership

Naf Naf Middle Eastern Grill names Nico Nieto CMO

The experienced marketing professional will lead advertising, loyalty and promotional programs at the 35-unit chain.

Financing

Jack in the Box turns to financial incentives to get operators to grow

The burger chain, eager to spur unit growth, is giving franchisees a break on royalties over four years if they agree to open at least three locations.

Financing

Subway is adding a new weapon as it fends off competitors: Slicers

The sandwich giant will add automatic slicers to its restaurants over the coming year to lower food costs and improve freshness.

Marketing

Chipotle’s newest product mocks customers who ‘accidentally’ fill water cups with lemonade

The burrito chain will start selling a “Water Cup Candle” that smells like lemonade. Customers who buy one can get free lemonade.

Financing

Qdoba’s buyer Butterfly Equity raises another $1 billion for food companies

The private equity firm, which owns Modern Restaurant Concepts, now has $4 billion in assets under management.

Financing

As its breakfast business grows, Wendy’s takes aim at Burger King

Wendy’s has been gaining sales in the morning, in part at the expense of its Miami-based rival. And now they’re battling over French toast sticks.

Financing

Sweetgreen and Shake Shack still have an urban problem

The Bottom Line: Both companies appear to be getting traction in the suburbs. But they have a big foot in slow-to-recover urban areas.

Financing

Ruby Tuesday founder’s SPAC prepares to wind down

The Bottom Line: Fast Acquisition will redeem all its shares later this month after a previous deal with Tilman Fertitta fell through, but not before a shareholder files a lawsuit.

Financing

Burger King franchisee Carrols sees its inflation problems easing

The burger chain’s largest operator said it believes its labor costs and commodity prices are improving, which could help its profit margins later this year.

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