News
February 21, 2022
Shake Shack Sets Largest Development Schedule Ever
Shake Shack is looking to open upward of 50 company-operated Shacks this year as new formats like drive-thru unlock opportunities in new markets.
February 21, 2022
Ali Group Names Next President of Edlund Co. Following Retirement of Peter Nordell
The Ali Group today announced Peter Nordell, CEO and president of the Edlund Co., will step down on Aug. 31 and named Ryan Whitney as the next president. Â
February 18, 2022
January Restaurant Sales Dip for Second Consecutive Month Â
For the second straight month, restaurant sales declined in January and were lower than the volumes posted in each of the 10 months leading up to the pandemic.
February 18, 2022
Expansion Roundup: What’s Next for Fazoli’s, Roll-Em-Up Taquitos and More
In this week’s Expansion Roundup, FER looks at growth plans for Fazoli’s, Roll-Em-Up Taquitos, Jeremiah’s Italian Ice and Curry Pizza House.
February 17, 2022
Emerging Company Raises $24 Million To Automate the Assembly of Digital Orders
Hyphen’s first product, The Makeline, automates the assembly of digital orders. The company says the system can produce 350 meals per hour while improving order accuracy.
February 17, 2022
Penn Station Names New President, COO As It Works Toward 600 Locations
Craig Dunaway was promoted from president to COO, while Lance Vaught was promoted from senior vice president of operations to president.
February 17, 2022
Wingstop Significantly Increases Its Domestic Target
Wingstop increased its domestic unit target to 4,000, up from the previous goal of 3,000. The international target of 3,000 stores remained, setting the brand up for potentially 7,000 global restaurants.
February 16, 2022
Culinary Depot Names Director of Contract Sales
Israel Wolner will be responsible for growing and managing the contract sales team nationwide and expanding the dealership’s current branches in Las Vegas, Florida and South Carolina.
February 16, 2022
Restaurant Sales Growth Continues in Negative Territory
For the fifth time in the last six weeks, restaurant sales once again fell into negative territory, but signs of relative improvement showed as the last two weeks fared slightly better, according to Black Box Financial Intelligence’s latest Restaurant Industry Performance Pulse. Â
February 16, 2022
T&S Promotes Two Marketing Leaders To Support Global Growth
DeAnna Thompson was named marketing manager for North and South America, and Christine Stillinger was promoted to marketing coordinator for Europe, South Africa and the Middle East.
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