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Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 88
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.

Financing

Chipotle agrees to pay NYC workers up to $20M

The city had charged the burrito chain with violating scheduling and sick leave rules. The settlement affects about 13,000 workers.

Financing

Popeyes sets its sights on China

The Miami-based chicken chain has an agreement with the private equity firm Cartesian Capital Group to develop restaurants in the country.

Financing

Starbucks does well in Italy, while Domino’s does not

The Bottom Line: Consumers are apparently warming to the coffee giant. But the pizza chain is calling it quits in the marke

Financing

Sweetgreen cuts 5% of workforce after warning on sales and profits

The salad chain is cutting costs to get to profitability after it warned that sales and profits would be below expectations. The news sent the company’s stock price plunging.

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