Jersey Mike’s is gearing up for a splashy IPO as Blackstone seeks a lofty valuation that tests whether investors still crave fast-casual growth stories. Strong unit expansion and a proven operator have converged with a market growing more selective.
7-Eleven’s new CEO is racing to modernize a sluggish convenience giant while rivals move ahead with fresher food and bigger formats. Store closures and a delayed IPO indicate a deeper overhaul than leadership first expected.
Ye (fka Kanye West) stoked controversy that led PepsiCo and Diageo to pull out as sponsors of a U.K. music festival that was canceled shortly thereafter. Morality clauses are becoming more commonplace in contracts to protect brands from reputational damage.
Menu penetration for breakfast meals is up 6.5% as QSR chains invest in the breakfast daypart to gain foot traffic. McDonald’s recent morning value menu goes toe-to-toe with Dunkin’s recent revamp.
