To Our Valued Subscribers: Here it is the middle of October; the leaves are falling, the colors are brilliant and America’s past time is getting ready for the “Fall Classic”. All is looking good. I hope you and your organization is also looking better. One of the ways to keep your organization looking it’s best… read more
The Wendy’s Co. will debut its new breakfast daypart nationwide in the first quarter of 2020 and expects the new daypart eventually to contribute a 10% growth in sales, executives said. The Dublin, Ohio-based burger brand, which hosted an Investor Day on Friday, said the new breakfast platform which has been tested in 300 stores… read more
Cracker Barrel is dipping deeper into the fast-casual industry. The casual leader announced Friday it’s agreed to acquire 33-unit Maple Street Biscuit Company in an all-cash transaction for $36 million. Founded 2012 in Jacksonville, Florida, by Scott Moore and Gus Evans, the emerging brand has 28 corporate and five franchised units. The stores report targeted… read more
Vipul Chawla has been promoted to president of Pizza Hut International, effective Dec. 3. He will succeed Milind Pant, who will step down at the end of November to pursue opportunities outside of the company. Mr. Chawla has been with Pizza Hut for seven years, most recently as managing director of Pizza Hut Asia-Pacific. Earlier,… read more
Shake Shack announced the latest in a series of leadership appointments and promotions, naming Tara Comonte, chief financial officer, to the expanded role of president and CFO. As president, Ms. Comonte will focus on scaling the burger chain’s infrastructure, broadening support and guidance on day-to-day operations, the company said. She will continue overseeing finance, accounting,… read more
Three longtime executives are set to depart Jack in the Box Inc. as the organization’s leadership structure evolves to support a single restaurant brand following the divestiture of Qdoba Mexican Eats to private equity firm Apollo Global Management L.L.C. last year. Phillip Rudolph, executive vice-president, chief legal and risk officer and corporate secretary, will leave… read more
GPS Hospitality, the Atlanta-based multi-unit operator of nearly 400 Burger King locations, has bought 75 Pizza Hut restaurants in four states bringing its quick-service empire to nearly 500 restaurants. The Pizza Hut acquisitions were made in two separate undisclosed deals, GPS CEO Tom Garrett told Nation’s Restaurant News in an exclusive interview. The deal widens… read more
Quality Restaurant Group, a quick-service firm formed last year after buying more than 200 Pizza Hut locations, has acquired 27 Arby’s restaurants under newly tapped CEO Matthew Slaine. The Raleigh, N.C.-based operator closed the Arby’s deal with Bentley-Miller Group this week for an undisclosed price. The Arby’s restaurants are in Colorado, Montana, Nebraska, Wyoming and… read more
The Filipino fast food chain is known for its fried chicken, halo halo, and spaghetti, among other fan-favorite items. For most of September, the average overnight temperatures in Calgary, Canada usually slip into the mid-forties, which is nice if you like to burrow deep into your duvet cover, but downright chilly if you’re sleeping outside the… read more
Italy’s Illycaffe could reach its goal of opening 200 cafes in the United States within five years as part of a broader drive to expand its business outside its home market, Andrea Illy, the chairman of the premium coffee maker said. The project – which would mark a significant expansion overseas for the Italian roaster… read more