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Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 93
Financing

Citizens Financial Group to acquire Trinity Capital

The acquisition will combine a major lender to restaurants with an investment bank that has closed more than 500 deals in the industry.

Financing

Muscle Maker Grill prices its IPO

The struggling fast-casual chain expects to raise $7.7 million in its offering.

The company is upgrading its menu and its design as it looks to turn around its restaurant chain’s fortunes.

Washington has revoked the chain’s right to sell franchises, and Maryland issued a stop order, while Yelp issued a warning on its ratings.

Yum Brands, Starbucks, McDonald’s and others have had to close stores in a country many see as a major source of growth.

Nick Kenner, founder of the 50-unit salad chain, joins "A Deeper Dive" to talk about the chain’s growth challenges.

The chain’s 38% same-store sales growth was one of the strongest numbers in industry history, proving the chicken sandwich was a black swan event, says RB’s The Bottom Line.

The Florida-based operator also named former Dunkin’ executive George McAllan to oversee the locations.

The company blamed fewer discounts for weakening same-store sales last quarter and believes plant-based meat is a new platform.

The San Antonio-based burger chain also named Sylvester Johnson chief data and analytics officer.

The franchisor plans to buy 73 Sonic locations from the franchisee, SD Holdings, which also operates MOD Pizza and Fuzzy’s Taco Shop.

Parent company Restaurant Brands International is devoting time to a brand that has generated “disappointing results” in recent quarters.

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