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Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 90
Financing

The SPAC party is coming to an end

The number of blank-check companies has slowed dramatically amid SEC attention and concern about the unprecedented popularity of the investment vehicles, says RB’s The Bottom Line.

Financing

Studio Movie Grill gets back to the movie business

The movie theater-restaurant chain has emerged from bankruptcy with a new CEO and is reopening locations as customers start venturing out again.

The Cravetarian Taco is made with its own blend of chickpeas and peas, though the company says it is still working with Beyond Meat on a new protein.

The company made an emphatic statement on Wednesday as rumors continue to spread that it is on the market.

The sub chain was an early technology adopter, jumped quickly on the delivery bandwagon and paid for its franchisees’ remodels—and easily bested all other sandwich chains last year.

Dave Bagley, managing director of Carl Marks Advisors, joins the RB podcast “A Deeper Dive” to talk about trends in mergers and acquisitions in the restaurant space.

Fresh Acquisitions operates a half-dozen mostly buffet brands, has closed all but six Tahoe Joe’s restaurants and plans to focus on that brand as well as a redesigned Furr’s concept.

The owner of Cinnabon and Auntie Anne’s named Guillermo Cremer its new chief people officer and Joe Guith as head of its restaurant brands. Will Costello is a new procurement VP.

A group of franchisees has appealed directly to Elisabeth DeLuca, widow of cofounder Fred DeLuca, over a list of concerns as operator angst at the chain continues to mount.

The company is working with TerraCycle to develop a method for recycling used sauce packets.

More people are traveling for vacations, but business travel remains muted. That could change this summer, says RB’s The Bottom Line.

The former Dunkin’ Brands development executive will focus on the pizza chain’s expansion.

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