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Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 87
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.

Financing

Dutch Bros is willing to sacrifice same-store sales for better operations. Here's why

The drive-thru beverage chain’s same-store sales have been hurt by its aggressive building strategy. But it says it is building overall coffee market share by preventing long lines and poor service.

Financing

McDonald’s will reopen some restaurants in Ukraine

The burger giant said it has started a phased reopening of its locations in the country, which have been closed since the Russian invasion.

Leadership

Fat Brands will pay $2.5M to settle shareholder lawsuit

The owner of Johnny Rockets and Twin Peaks also agreed to issue $500,000 in stock to settle complaints over statements related to the investigation of CEO Andy Wiederhorn.

Financing

As conditions stabilize, Jack in the Box sees sales improve

The company, which also owns Del Taco, said sales accelerated at the end of last quarter, while more dining rooms reopen and supply chain disruptions ease.

Financing

Menu price inflation remained elevated in July

Food away from home inflation was 7.6% last month and prices held steady at both full-service and limited-service restaurants. Overall, consumer prices were flat in the month.

Financing

How restaurants are combating a historically challenging environment

A Deeper Dive: National Restaurant Association CEO Michelle Korsmo joins the podcast to discuss a wide range of topics, particularly the state of the industry and independents.

Financing

Wendy’s pares back its giant ghost kitchen deal

The burger chain, which last year announced a bold deal to open 700 locations in Reef Kitchens, now plans to open as few as 100 after Wendy’s “reevaluated” its development commitment.

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