News

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February 22, 2022

Carrols Restaurant Group Taps New CEO

Paulo Pena will succeed Daniel Accordino, 71, who announced last fall he would retire from his role as chairman, CEO and president after a 50-year career with the company.

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February 21, 2022

Middleby Names President of Powerhouse Dynamics

In his new role as president, Jay Fiske will lead all strategic and day-to-day company operations.

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February 21, 2022

Longtime Hotel and Restaurant Supply Exec To Retire

After a 50-year career at Hotel and Restaurant Supply, Ollie Wilkes, vice president of national accounts, will retire on March 4.

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February 21, 2022

I Heart Mac and Cheese To Debut New Prototype Dubbed FastMac

As more customers have turned to I Heart Mac and Cheese’s mobile app to place orders to-go since the pandemic, the Florida-based brand is looking to make the pickup experience more convenient.

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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.

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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.  

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February 18, 2022

January Restaurant Sales Dip for Second Consecutive Month  

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.

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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.

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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.

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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.

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