Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 4
Leadership

Shake Shack CEO Randy Garutti is retiring

The chief executive will retire in 2024 after the company finds his successor, ending a 24-year tenure with the company.

Financing

With CosMc's, McDonald's shows its risk-taking side

The Bottom Line: The first unit of McDonald’s opened to long lines in its first two days. The concept proves that the company can get attention. And it’s willing to take some chances.

The Bottom Line: Yum Brands, McDonald’s and Domino’s are all making a big push to accelerate growth. Most of it will come outside the U.S. But they have domestic plans, too.

The pizza chain is regaining delivery customers as profitability improves, thanks to better operations, staffing and higher prices. It is now focused on accelerating growth worldwide.

The Bottom Line: While noting that humans will continue to drive restaurants, the McDonald’s CEO notes that the calculus on automation gets closer as labor costs soar.

The chicken chain says that the deal will help it accelerate its growth in the United Kingdom and Ireland.

The fast-food giant says plans to open its drive-thru beverage brand in Illinois this month, with nine more in Texas by the end of 2024.

A Deeper Dive: Restaurant consultant John Gordon joins the podcast to discuss Subway and the FTC review of its sale to Roark.

The company’s chicken business is “on par” with its beef business as Americans continue to devour more poultry. It plans more chicken products in the coming years.

The burger giant plans to rapidly speed its unit growth in the coming years while it uses Google Cloud technology to connect restaurants and improve operations.

The fried chicken restaurant chain believes that it can get more efficient, just like its international locations and rival Chick-fil-A.

The Bottom Line: While plenty of franchises like Subway still want large-scale franchisees, there is a movement to keep their sizes down.

  • Page 4