Dunkin’ Brands Group Inc. president of international Bill Mitchell will leave the company in March 2018, according to an SEC filing. The company’s international leadership team will report directly to Dunkin’ Brands CEO Nigel Travis. The company did not comment on whether it is an interim move. “Under Bill’s leadership, our international operations are firmly… read more
Foodservice Equip & Supplies News
Steve Ells Stepping Down from Chipotle Mexican Grill, Inc.
Steve Ells, chairman, founder and chief executive officer of Chipotle Mexican Grill, Inc., will step down from his role and become executive chairman following the selection of a new CEO for the company. Mr. Ells founded Chipotle in 1993. “Steve is a visionary leader and one of the most successful restaurateurs in history, having grown… read more
Bobby Flay Announces Franchise Plans for ‘Burger Palace’ Concept
Mesa Grill, Gato, Bar Americain. These are some of the restaurants Bobby Flay has opened in his decades-long culinary career and, as he describes them, “they’re all high-end,” with per-person check averages hovering around $60. But it’s Flay’s love for a greasier, cheesier—and cheaper—menu item that inspired the concept he’s grown to 17 restaurants and… read more
Panera’s CEO is Stepping Down
Shaich wants more time to debate Wall Street’s obsession with short-term growth. Short term-ism stops innovation and “makes us less competitive as an economy,” Shaich told Business Insider. Panera’s founder and CEO is stepping down but he isn’t shutting up. On Wednesday, Ron Shaich told Business Insider that he is stepping down as CEO at the end of the year… read more
Famous Dave’s Names New CEO
Famous Dave’s of America Inc. has named Jeffery Crivello as CEO to succeed Mike Lister, the company said as it reported narrowing its loss in the third quarter. Crivello’s appointment was announced along with a $1.5 private placement of 418,169 shares of Famous Dave’s common stock at $3.50 per share with PW Partners LLC. Crivello… read more
New Technology Enhances Guest Experience and Drive Sales
Restaurants are facing increasing financial strain as states and municipalities pass more legislation around wage and labor practices, healthcare costs grow, and the hospitality labor pool shrinks. At the same time, customers are also becoming more demanding. Not only do they want better service, but diners are also not always willing to pay more to… read more
Global Foodservice and Equipment Newsletter – November 1, 2017 Edition
Globe Food Equipment Now Part of the Middleby Corporation The Middleby Corporation announced the acquisition of Globe Food Equipment Company, a leading brand in slicers and mixers for the commercial foodservice industry. Based in Dayton, Ohio, the company has approximately $50 million in annual sales. “Globe is a trusted leader in food preparation products known… read more
Top Tech Tips from the Restaurant Innovation Summit
Restaurant operators and technology experts shared their advice for choosing, rolling out and expanding upon tech solutions for foodservice at the National Restaurant Association’s Restaurant Innovation Summit. Here are some key takeaways from the three-day event held last week in Austin, Texas. Seek out tech that simplifies, solves problems. Four in five restaurant operators agree that… read more
In Memoriam: Rational AG Founder Siegfried Meister
Siegfried Meister, a pioneer in combi-steamer ovens and founder, majority shareholder, and chairman of Rational AG, died July 28 at the age of 78 after a brief illness. Meister’s guiding company principle was not sales or profit but providing the greatest possible customer benefits. When he started producing convection ovens in Landsberg, Germany, more than… read more
Globe Food Equipment Now Part of the Middleby Corporation
The Middleby Corporation announced the acquisition of Globe Food Equipment Company, a leading brand in slicers and mixers for the commercial foodservice industry. Based in Dayton, Ohio, the company has approximately $50 million in annual sales. “Globe is a trusted leader in food preparation products known for performance, reliability, value, and reducing operator’s costs. The… read more