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Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 92
Financing

The pandemic is over, at least according to McDonald’s customers

The fast-food burger giant saw more normalized use last quarter, as customers make smaller orders and go through the drive-thru less often. Chipotle Mexican Grill is seeing similar trends.

Financing

McDonald’s sales rise, thanks to digital and price increases

Nearly one-third of sales in the fast-food burger chain’s biggest markets came from digital, while profits were hurt by Russia closures and rising costs for food and labor.

Financing

Maybe the market for delivery is simply slowing

The Bottom Line: As Domino’s confronts its driver shortage, perhaps it’s time to wonder whether overall demand for delivered food is shrinking in a more normalized environment.

Marketing

Chipotle is giving away crypto for National Avocado Day

The burrito chain is kicking off an interactive game called “Buy the Dip” that will give away more than $200,000 in cryptocurrency and promo codes for 1-cent guac and 1-cent Queso Blanco.

Financing

Au Bon Pain’s owner buys Bellagreen

Ampex Brands, a franchisee of Yum Brands and 7-Eleven, finalized the acquisition of the eight-unit bistro chain earlier this week.

Financing

These restaurant chains were founded after Domino’s last international sales decline

The pizza chain on Thursday reported its first same-store sales decline in 113 quarters, a streak dating to 1993. These are the restaurant chains that have been founded since.

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Crumbl takes its trademark defense to social media

The “cookie wars” have heated up this week as the fast-growing franchise published a statement reiterating its complaints about trademark theft by competitors, who themselves have not been silent.

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Urban and office traffic is coming back, but slowly

Data on foot traffic is showing improvements in the number of people in downtown areas and office buildings, but it remains far below pre-pandemic levels.

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Potbelly gets an activist, but this one is different

The Bottom Line: Nierenberg Investment Management Company gushed about moves the sandwich chain is making, but wants company insiders to buy more stock.

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Domino’s still hopes it can fix delivery without using third parties

The pizza chain’s sales continue to lag, largely because it can’t find enough drivers. But it says “all options will remain on the table” until it can solve the problem.

Financing

Domino’s 113-quarter international sales streak comes to an end

The pizza delivery chain’s same-store sales outside the U.S. fell for the first time since 1993. U.S. same-store sales declined and the company increased its expectations for food cost inflation.

Financing

Why McDonald’s franchisee dispute is a big deal, even if investors are ignoring it

The Bottom Line: We explain the depths of operators’ frustration with management, and why an independent association could take a vote of no confidence in McDonald’s top executives despite the chain’s strong performance.

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