In its first partnership with a restaurant brand, Farmer’s Fridge, the fresh vending company, is testing some of its salads, bowls, and breakfast items at select Dunkin’ locations. The pilot program is taking place at six Dunkin’ stores at which a limited selection of items is on offer behind the counter. Eventually, they will be… read more
Another Broken Egg Café has signed a seven-unit franchise agreement extension with multi-unit operator Morning Chef. One of Another Broken Egg Cafe’s fastest-growing franchises, Morning Chef, will now have plans to open 10 units throughout Ohio with up to four openings planned for 2021. “Our pipeline began to build towards the end of 2020 and… read more
Promoting Jerry Morgan to the president of Texas Roadhouse in December freed up CEO and founder Kent Taylor to focus on fresh ideas, he said. And it’s something competitors should take notice of. Taylor, who shouldered president duties since Scott Colosi’s retirement in June 2019, has already been busy. Not just in the steakhouse realm,… read more
Two foodservice veterans are joining CKE Restaurant Holdings, Inc., the parent company of Carl’s Jr. and Hardee’s. Lance Tucker has been named chief financial officer, and Phil Crawford has been appointed chief technology officer. “We are excited to build on the strength of our current management team with the addition of these two exceptional hires,”… read more
Aslam Khan has been named chief executive officer of TGI Fridays. He succeeds John Antioco, who has served as interim CEO since Robert Palleschi left the company late last year. Mr. Khan is the founder and chairman of the multi-brand franchise company Falcon Holdings L.L.C., which he founded in partnership with Sentinel Capital Partners, a… read more
Lynn Schweinfurth succeeds Guy Constant, who will move to the role of executive vice-president and chief operating officer. In her new role, Ms. Schweinfurth will be responsible for leading all financial disciplines at Red Robin, including accounting, operations analysis, strategic and financial planning, treasury, investor relations, and overseeing the company’s supply chain. Ms. Schweinfurth joins… read more
As more states lifted bans on on-premises dining, transactions at major US restaurant chains continued to improve in the week ended May 17, down 21% from the prior-year period, registering a small gain from a 23% decline the week before and marking the fifth consecutive week of improvement, according to The NPD Group. Major quick-service… read more
More than 17% of restaurants closed permanently or long-term in 2020, according to the National Restaurant Association. Sysco has worked with the organization to lobby for restaurant relief and guide operators through the process of applying for aid. “We were the first to offer educational webinars to our independent customers on how they can access… read more
Cracker Barrel’s culture is rooted in heritage, but that doesn’t mean tradition can’t be reimagined. The commitment to innovation was on full display in 2020 as the 663-unit brand released a revamped dinner menu, diversified its family meal deals, and introduced alcohol for the first time in its 51-year history. Cammie Spillyards-Schaefer, vice president of… read more
Restaurants and hotels have landed more than $18 billion in loans under the current version of the Paycheck Protection Program (PPP), or 18% of all the dollars okayed to date, making the hospitality industry the leading borrower by a considerable margin. Data released by the U.S. Small Business Administration (SBA), the administrator of the PPP,… read more