Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

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Financing

The former CEO of Jeni's Splended Ice Creams wants another bite of a growth chain

John Lowe has founded a private-equity firm that will target early-stage restaurant and consumer packaged goods chains, hoping to get them to the next level.

Financing

What all these bankruptcies say about the state of restaurants right now

A Deeper Dive: RB editors Joe Guszkowski and Lisa Jennings join Jonathan Maze to discuss the latest news around restaurant industry bankruptcies and some strong sales performances.

The former Starbucks and Mars Retail Group executive replaces Frances Allen, who announced in April she was stepping down.

Several restaurant companies removed chief executives so far in 2024. Some of them more than once. Here’s a look at them.

The Bottom Line: Sales challenges and bankruptcy filings are the latest seismic repercussions for restaurant chains.

The U.S. Court of Appeals overturned the Biden Administration’s “80/20” guidelines, calling them arbitrary, in a victory for restaurant operators.

The fast-casual Mediterranean chain said that the end of pandemic-era rent deferrals helped push it into its bankruptcy filing. The company now hopes to find a buyer.

The Bottom Line: Some restaurant chains did extremely well, others less so. And even those that seemingly did well did not do well, at least if you ask Wall Street.

The Chicago-based fast-casual Mediterranean chain, which has been closing locations in recent years, says it will use the process to find new investors or a buyer.

EYM Group, which has closed dozens of Burger King and Pizza Hut units in several states, has now closed numerous KFC restaurants in Illinois, Indiana and Wisconsin.

Fast-casual and quick-service restaurants on the Technomic Top 500 have grown sales by 33% over the past five years. But that growth was not created equally as consumers shifted their spending.

The franchisee of Burger King, Arby’s and other chains just acquired Freebirds World Burrito and is already working to grow the chain. And he’s got the inside track on Uncle Julio’s.

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