
Starbucks will need more time to get its unit growth back in gear
Starbucks expects a slower pace of development in the current fiscal year to rebuild its development pipeline.
Jonathan Maze is a person in Burnaze's franchise knowledge graph, mentioned since 2016. 106 stories link here, each summarized from the original publisher.

Starbucks expects a slower pace of development in the current fiscal year to rebuild its development pipeline.

Starbucks reported a 7.7% rise in U.S. same-store sales for the fourth quarter, driven by service improvements and record membership in its loyalty rewards program.

Blackwells Capital is pushing Wendy’s to reject a $1.4 billion buyout proposal from Trian Fund Management and mega-franchisee Greg Flynn, arguing the offer undervalues the brand.

Restaurant Brands International reported 8.4% domestic sales growth for Burger King, contrasting with continued same-store sales declines at Popeyes.

The parent company of Applebee’s and IHOP adopted a shareholder rights plan following reports that investment firms Arkhouse Management and Cobblers Cove are seeking an acquisition.

Popeyes has dismissed its CMO and reshuffled its marketing leadership as the brand struggles with sluggish sales and declining guest traffic.

Nelson Peltz is partnering with the Flynn Group and other investment firms on a $7.35-per-share bid to take the struggling fast-food chain private.

This is from the weekly restaurant finance newsletter The Bottom Line.

What will it take for the fast-food sector to regain its momentum?

This week’s episode of the Restaurant Business podcast The Week in Restaurants looks at Domino’s earnings and what executives said about the state of the economy.

This is from the weekly restaurant finance newsletter The Bottom Line.

This week’s episode of the Restaurant Business podcast The Week in Restaurants looks at the bribery scandal involving the Independent Purchasing Cooperative, Subway’s nonprofit purchasing co-op.
This is from the weekly restaurant finance newsletter The Bottom Line.

This week’s episode of the Restaurant Business podcast The Week in Restaurants looks at our investigation into closures and layoffs at Crumbl .

This week’s episode of the Restaurant Business podcast The Week in Restaurants looks at the Investor Day presentation at the fast-food giant, which announced $8.5 billion in investments behind its “Next” program.

- Franchising - Quick Service - News Giant Wendy’s franchisee Meritage Hospitality Group files for bankruptcy The 314-unit operator of the struggling fast-food chain filed for Chap

- Franchising - Quick Service - News Wienerschnitzel targets more non-traditional sites for development The California-based hot-dog chain is opening inside travel plazas in West V

- Executives - Quick Service - News Lucy Brady named president of Jamba The former McDonald’s executive recently took the helm at the juice chain as parent GoTo Foods made several

The legal community mourns the loss of the franchisee whose landmark 1989 lawsuit against Burger King helped define the implied covenant of good faith in franchising.

Dunkin’ has launched a new celebrity-led marketing campaign featuring former Spice Girls members to promote its seasonal fall beverage lineup across its franchise network.

Dunkin’ is expanding its partnership with Walmart to offer delivery through the retailer’s app, starting at in-store locations before rolling out to 10,000 U.S. units.

Drive-thru coffee franchise 7 Brew has secured a $143 million bid to acquire 73 former Salad and Go locations across four states following a bankruptcy auction.

CKE Restaurants brand Carl’s Jr. has overhauled its kitchen operations to implement a made-to-order burger system, aiming to improve product quality and competitiveness.

This is from the weekly restaurant finance newsletter The Bottom Line.