News
January 18, 2022
PT Holdings Acquires the REPA Group
PT Holdings, the parent company to Parts Town, announced today the acquisition of the REPA Group, a distributor of spare parts for professional kitchens, coffee and vending machines in Europe.
January 14, 2022
Smart Care Expands West With Latest Acquisition
Smart Care Equipment Solutions has expanded its coverage area in the West with the acquisition of Superior Service, a provider of maintenance and repair services for hot- and cold-side equipment.
January 14, 2022
Shake Shack To Test Drive-Thru Prototype With Limited to No Indoor Seating
Shake Shack is testing a drive-thru-focused prototype with “limited to no seating inside” in Hasbrouck Heights, N.J.
January 14, 2022
Expansion Roundup: Roll-Em-Up Taquitos, Noodles & Co., More Sign Big Deals
Roll-Em-Up Taquitos plans to roll out hundreds of new restaurants, while Noodles & Co. also signed a significant franchise deal to add dozens of locations. FER looks at these expansion plans—and more—in this week’s Expansion Roundup.
January 13, 2022
Orange Leaf’s Parent Company Gets New President
Jamco Interests has promoted Operating Partner Sherif Mityas to the additional role of president for Brix Holdings, the parent company to brands like Orange Leaf, Red Mango, Smoothie Factory, SouperSalad and RedBrick Pizza.
January 13, 2022
Hopdoddy Beefs Up With Acquisition of Grub Burger Bar
The Texas-based burger brands now will operate as a new, combined company, HiBar Hospitality Group, led by Hopdoddy CEO Jeff Chandler.
January 13, 2022
Steelite Acquires Tabletop Lighting, Food-Warming Solutions Provider Hollowick
The acquisition will give Steelite ownership of Hollowick products and distribution to hospitality markets across the globe, allowing the manufacturer to expand its product offerings.
January 13, 2022
Alto-Shaam Adds New Corporate Chef
Alto-Shaam has named a new corporate chef in industry veteran Gerard Strong.
January 12, 2022
Biggest Impact From Omicron Expected To Be on Staffing
Fitch Ratings expects the omicron variant to impact labor above all as the industry continues to grapple with staffing challenges.
January 12, 2022
December Restaurant Sales Surpass 2019 Levels
While December sales eclipsed 2019 levels, the month saw a steep decline in traffic and the biggest average check growth rate in over a decade.
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