British sandwich and coffee shop chain Pret A Manger was sold for $2 billion to an investment fund of Germany’s billionaire Reimann family, as part of a global acquisition spree aimed at challenging Nestle in the coffee sector. The sale values Pret at more than 1.5 billion pounds ($2 billion) including debt and gives Pret… read more
The year was 1958. Eisenhower was president, the hula-hoop was introduced, and NASA arrived on the scene and the first Pizza Inn opened. While Pizza Inn may not have changed the world like NASA, the restaurant, which featured high-quality pizza made from three types of homemade dough and pitchers of beer, left an impression. That… read more
Parts Town, the global market leader in foodservice parts distribution, has acquired the foodservice parts distribution and field service business assets of 3Wire Group, which is a Marmon company (“Marmon”). Financial terms were not disclosed. These 3Wire businesses primarily distribute foodservice equipment parts, bringing unique value-added solutions to major chains and food equipment service companies…. read more
The foodservice industry honored the life and work of Joseph K. Fassler, former president and CEO of Restaura Inc., when the National Restaurant Association posthumously presented him with its Second annual Industry Legends Award at the International Foodservice Manufacturers Association’s Silver & Gold Plate gala on May 20. Dawn Sweeney, president and CEO of the… read more
Texas Roadhouse announced a key executive change, and it’s coming from within. The 558-unit, Louisville-based chain promoted Tonya Robinson to chief financial officer, replacing company president Scott Colosi, who served in the interim role since 2015. Robinson, previously vice president of finance and investor relations, joined Texas Roadhouse in 1998 and has been a key… read more
By runADP Employers sometimes look to former employees to fill job vacancies. This can be an attractive option if the individual was a strong performer since they already have a proven track record with the company. Rehiring can also help the company save on recruitment costs. Here are seven factors to consider when rehiring… read more
By Jane Burnett – theLadders When a bunch of people work together in a shared space, team dynamics can shift at the drop of a hat because of one person’s behavior. That being said, here’s roundup of seven ways you could be annoying your colleagues, even if no one’s told you yet. Not responding to… read more
By Linda Le Phan – theLadders We all want to be compensated well at our jobs. But, as we covered in our previous post, work can make us miserable even with a fat paycheck. There are workplace situations that, for some, come by so rarely that they are worth their weight in gold, and… read more
By Paul Slezak – RecruitLoop
By Jerry Weissman – Forbes When business people hear “Let’s schedule a meeting,” they react the same as they would when they hear “Let’s schedule a root canal.” Meetings have long been—and continue to be—the Bermuda Triangle of business. In 2004, Patrick Lencioni offered his advice to make meetings more productive in his bestselling book, Death… read more