Jonathan Maze

Editor-in-Chief

Articles by
Jonathan Maze

Page 342
Financing

Delivery could force changes in the restaurant business model

As delivery visits replace existing visits, lower profits will push more companies to look for new options, says RB’s The Bottom Line.

Leadership

Mahesh Sadarangani named Peter Piper president

The pizza chain also named Sherri Landry chief marketing officer.

But the stock fell as investors worried about competition from delivery services.

The casual-dining chain has said little about its next CEO following the departure of Ray Blanchette.

The activist investor believes the company’s stock price could double over three years, says RB’s The Bottom Line.

Mike Nettles was promoted to chief operating and growth officer, among other changes.

Operators at a meeting this week voted a “resounding yes” to forming an independent franchisee association.

An analyst mentioned a few potential candidates, and RB’s The Bottom Line examines them, and what a buyer would have to do.

Melissa Heidman was promoted to general counsel of the fast-casual chain.

The company has partnerships with Uber Eats, Grubhub, DoorDash and Postmates.

But restaurants continue to lose customers as traffic declined yet again.

McDonald’s and Jack in the Box show operators’ growing discontent amid weak sales and high costs, says RB’s The Bottom Line.

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