P.F. Chang’s completes sale to TriArtisan Capital Advisors

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Investment firms TriArtisan Capital Advisors LLC and Paulson & Co. Inc. announced that they have completed the acquisition of casual-dining Asian restaurant chain P.F. Chang’s China Bistro Inc. from private equity firm, Centerbridge Partners L.P. for an undisclosed amount, according to a press release.  “We want to thank Centerbridge Partners for their strong support of P.F…. read more

Chipotle Introduces Vegan and Vegetarian Bowls

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The fast casual chain expanded its new line of diet-based bowls to include vegan and vegetarian options. “Lifestyle Bowls” launched earlier this year with Whole30 and double protein meals in addition to the keto and paleo bowls. The lifestyle bowls are a way for Chipotle to market itself to a wide variety of customers focused on… read more

Delivery Was Just Launched Across the System

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Taco Cabana has recorded nine consecutive month of positive comparable growth for the chain. The initiatives and investments Fiesta Restaurant Group made over the last year appear to be stabilizing the company. Although the last quarter of 2018 was shaky for both Pollo Tropical and Taco Cabana, Fiesta is confident in turning around guest traffic… read more

The Company has Multiple Efforts Underway Including an ERP Overhaul Called Project Concrete

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Shake Shack, best known for its burgers, is revamping its technology infrastructure to give its customers more touch points, improve efficiency enough to offset higher labor costs and scale as it expands locations and into new venues such as food trucks. The company reported a fourth quarter net loss of $548 million on revenue of… read more

Papa John’s Goes for New Leadership

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Papa John’s International founder John Schnatter has agreed to leave the board as part of a settlement agreement with the company, signaling the end to an acrimonious battle for control over the world’s third-largest pizza delivery chain. The company said in a filing that it would co-operate with Schnatter to find a mutually acceptable independent… read more

Getting Locally Grown Food Can Often be a Pain for Chefs

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They place orders with several farmers, then must send individual invoices and receive multiple deliveries at the kitchen door. A chance meeting between two small Collin County farmers promises to change that. Profound Foods, an ambitious new food hub, will improve the market for local growers and make it easier for restaurants to put the freshest food… read more

The World Restaurant Awards in Paris Failed to Live up to its Progressive Promises

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This week, I found myself amid the swells of restaurant high society, flanked by the head chef of one of my favorite New York restaurants, Dirt Candy, and someone who probably works in food PR. I sipped my champagne and took in the moment. I was in Paris, at what the organizers hoped to be… read more

Naturipe Farms Have Their Sights Set On Millennials and Gen Z

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Naturipe Farms, a farmer-owned produce company that has valued their farmers, quality, and heritage since 1917, is speaking directly to Millennials and Gen Z with a rebrand that is as fresh as their berries.  Starting this month, consumers will begin to see a new logo, packaging, and in-store merchandising in grocery stores across the U.S. and Canada…. read more

The Old Spaghetti Factory Turns 50 in Style

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In the restaurant industry, where concepts often burn out in less than a year, making it to five years—or even a decade—is a monumental feat. The Old Spaghetti Factory is celebrating its 50th anniversary in 2019. For perspective, Sally and Guss Dussin opened the Portland, Oregon-based company and began serving up its famous spaghetti when… read more

Everbowl Wins $3 Million from Pinkberry Investor

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San Diego-based superfood and smoothie chain Everbowl has secured $3 million in funding from a Toronto-based private-equity group, the company said. The 17-unit Everbowl said the company plans to use the investment from International Franchise Inc., or IFI, a subsidiary of Serruya Private Equity, or SPE, to accelerate growth. By the end of 2019, the… read more