facebook pixal

Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 93
Financing

How activist investors hurt corporate diversity

This week’s episode of the RB podcast “A Deeper Dive” features former Jamba CEO James White and Mill Road Capital founder Thomas Lynch, talking about the problems with activist investing.

Technology

Zaxby’s hires Mike Nettles to lead its digital efforts

The former Papa John’s executive was named interim chief digital and technology officer, the first digital executive in the chain’s history.

The chain is testing a “Borrow-A-Cup” program at five stores in Seattle as part of an effort to reduce overall waste.

The company will provide general managers at company stores up to 12 weeks of paid leave for new parents while operators push to hire 5,000 workers.

The administrative agent for the burger chain’s debt says it is owed $8.5 million in unpaid fees and interest. Meanwhile, Steak n Shake has dismissed its lawsuit against its lender.

Buying a franchise can be a good investment in the long run, but RB’s The Bottom Line says buyers should step back and think before diving in.

Chains say that takeout sales have increased even as more people go into their locations to eat, a phenomenon operators find promising, says RB’s The Bottom Line.

Starting on Monday, you will get our newsletter in the mornings as we adjust to when people want to read the news.

The fast-casual Italian chain says its sales have thrived over the past year, thanks to its drive-thrus, setting it up for unit growth for the first time in a decade.

Operators say hiring has become their top problem again, even with nearly 2 million former restaurant workers still out of a job.

The industry added 175,800 jobs in March and now employs more people than it has since the start of the pandemic.

It’s uncertain where the chief marketing officer is heading. He had been with the company since 2014.

  • Page 93