Starbucks’ CEO Is Stepping Down

By FER Edit

The coffee chain’s founder, Howard Schultz, will serve as interim CEO for $1 of compensation.  

Robotics Company Raises $81 Million in Series B Funding Round To Ramp Up Automation

By FER Edit

Bear Robotics, a 2019 Kitchen Innovations award recipient, has raised $81 million in a Series B funding round to scale up mobile robots in the hospitality industry.

LTI Adds Industry Veteran As VisionDesign Coordinator

By FER Edit

LTI has tapped industry veteran Mary Sauer as the coordinator for VisionDesign, the company’s interior design and installation service for dining areas.

Vulcan Makes Key Sales, Marketing Appointment

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The commercial foodservice equipment manufacturer Vulcan has promoted Meghan Hurst to vice president of sales and marketing as it works to enhance the customer experience.

Wingstop Appoints New CEO After Morrison Resigns

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Wingstop has appointed a new CEO after Charlie Morrison resigned as chairman and CEO to helm the fast-casual brand Salad And Go.

BBQ Holdings Lands Its Largest Acquisition

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The $28 million deal is set to close early next month and marks the third acquisition for the company over the past year.

El Pollo Loco’s New CEO Looks To Simplify Operations, Accelerate Development

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As El Pollo Loco made Laurance Roberts’ interim position as CEO permanent last week, the fire-grilled chicken restaurant chain’s leader has some ideas when it comes to strengthening the brand long-term.

600 Dairy Queen Stores To Open in China, While Wayback Burgers Enters Japan

By FER Edit

China and Japan are getting a bigger taste of Dairy Queen and Wayback Burgers, respectively, as the brands announced international growth plans in the countries.

Sandwich and Soup Brand Names New COO

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Midwest-based Erbert and Gerbert’s has promoted Jeremy Burke to COO as the brand looks to ramp up expansion plans.

U.K.’s CMA Investigating Ali Group’s Anticipated Acquisition of Welbilt

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The U.K.’s Competition and Markets Authority is investigating the anticipated acquisition by Ali Group of Welbilt due to competition concerns.

Zone Climate Services Acquires Smart Care

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The company now will operate in all 50 states with over 1,100 technicians.

Wing Zone Expands Operations, Franchise Development Teams

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The appointments come as the brand prepares to open stores with its new redesign and bring current stores up to par with enhanced concepts and standards, including customer-facing technology and automation.