A group of minority shareholders and current management of Red Lobster Seafood Co. is acquiring the casual-dining chain from Golden Gate Capital, the new controlling consortium said. The new owners are seafood supplier Thai Union PCL, which has been a Red Lobster shareholder since 2016 and trades on the Stock Exchange of Thailand under the… read more
Levine Leichtman Capital Partners has agreed to purchase fast-casual chain Tropical Smoothie Cafe, the Los Angeles-based private equity firm said Tuesday. Management, led by CEO Charles Watson, will remain the same. “We are excited to partner with Charles and the rest of the management team who have led the tremendous growth of Tropical Smoothie Cafe…. read more
Global franchising company FAT Brands — global franchising company and owner of Fatburger, Hurricane Grill & Wings, and Ponderosa and Bonanza Steakhouses — has completed the acquisition of retro diner brand Johnny Rockets that was first announced in August. The acquisition, which was valued at $25 million, increasing the company’s securitization facility to $80 million…. read more
By Kedma Ough, MBA – Entrepreneur Many small-business owners may think that finding their next employee can be as simple as drafting a comprehensive job- and work-culture description, posting it to a public board, and waiting for the applicants to arrive to their inbox. It’s also commonly assumed with enough upfront detail, candidates have already taken some… read more
By Lucas Miller – Entrepreneur While many entrepreneurs are able to make a living within their current network, there’s no denying that they could be far better off if they were able to land a few more high-ticket clients. These so-called dream clients pay at higher rates and allow you to work smarter, not harder… read more
By Nate Swanner – Dice So long as social-distancing measures remain intact across the country, the majority of job interviews will take place remotely, either via phone or a video-conferencing platform such as Zoom or Skype. Although a video interview shares a number of similarities with an in-person meeting, there are crucial differences that you… read more
By Robin Madell – US News WONDERING HOW TO ASK for a job? If you really want a particular job, then simply asking for it at the end of your interview may help seal the deal. Hiring managers like hearing an interviewee say they want the job – it shows an enthusiasm for the role and confirms that… read more
By Louis Columbus – Forbes Bottom Line: Dexcom and Micron adopting a single AI platform for talent management that adapts to their specific HR strategies and provides new insights is delivering significant results. AI-based platforms provide new insights, intelligence, and guidance to CHROs and HR leaders, helping them close the growing talent gaps their organizations face…. read more
By Asif Upadhye – HR Technologists Artificial Intelligence is taking the world of Human Resources by storm. However, HR has always been an area that has faced some skepticism. With AI promising to enhance HR process productivity by leaps and bounds, here are 5 possible pitfalls to avoid. The use of artificial intelligence in HR… read more
By Liv McConnell – Ladders Not loving your job — or, more specifically, outright hating it — can cause you more than simply unhappiness in your career. It can take a major, lasting toll on the state of your mental health, as well. And sometimes, the only solution is to up and quit. When facing… read more