Uncategorized
This is the description of this category. The description for each Topic can be edited in the Posts Categories section of the WordPress Admin panel.
January 5, 2015
Sentinel Adds Newk’s Eatery To Its Chain Holdings
Sentinel Capital Partners, the private equity group which purchased Checker’s/Rally’s earlier this year, has closed on its acquisition of Newk’s Holding Co. LLC, the owner and operator of the Newk’s Eatery franchise. Terms of the purchase agreement were not disclosed. The fast-casual chain, founded 10 years ago in Oxford, Miss., offers made-from-scratch sandwiches, soups, salads…
January 5, 2015
Dubai Chains Gain Greater Presence On Global Stage
According to Euromonitor International, business in the Middle East’s quick-service market could double to $400 million by 2017. With the UAE in the middle of a quick-service boom, regional chains—especially those based in Dubai—are ramping up for expansion outside of the Gulf region. Dubai-based quick-serve chain ChicKing Fried Chicken, which started business with just one…
January 5, 2015
Heritage Group Becomes 100% Genuine OEM Parts Provider
Heritage Foodservice Group has announced that it is shifting its focus and now solely will provide genuine original equipment manufacturer repair and replacement parts to the commercial kitchen industry. The Fort Wayne, Ind., company will no longer include a mix of either direct-source or generic parts in its offering to customers. Heritage says that while…
January 5, 2015
Starbucks Tests The Dinner Market With La Boulange
Another chain is joining in the scramble to create a winning fast-casual concept. Starbucks is set to launch a continental diner this week in Los Angeles. The Seattle company, which acquired San Francisco chain La Boulange Bakery in 2012, will debut La Boulange, serving sandwiches, salads and omelets as well as dinner options, including croissant…
January 5, 2015
Ice-O-Matic Appoints Regional Manager For Europe, Africa, Middle East
Ice-O-Matic has appointed Don Riezebos as the new regional manager for Europe, Africa and the Middle East. Riezebos will be responsible for existing accounts in the region and driving ice machine and accessory sales in conjunction with the company’s dealer and distributor network. Riezebos brings 14 years of sales experience to the post, including six…
January 5, 2015
Roy Rogers Expands With Mid-Atlantic Stores
The burger and chicken chain is signing deals and looking to regain its footing in the Mid-Atlantic region’s quick-service market. A franchise deal with a multibrand operator will lead to four Roy Rogers Restaurant units across Bergen and Essex counties in northern New Jersey; the first store will open in 2016. The chain also has…
January 5, 2015
Taco Bell Taps New Leaders, Here And Abroad
Taco Bell is making no small plans. Or rather, its parent company, Yum! Brands, is not. The Louisville, Ky., company has announced several strategic leadership changes to support domestic and international expansion. With about 5,800 units in the U.S. and roughly 250 units internationally, Taco Bell long has operated primarily as a domestic brand. In…
January 5, 2015
Growth Of Fast Casual Far Outpaced Industry Last Year, NPD Data Shows
The growth trajectory of the fast-casual segment is truly quite remarkable, especially given an era of slow or flat growth in traffic and sales for most of the industry. New data from The NPD Group’s CREST studies released Feb. 5 show the segment grew traffic 6% in 2013 while spending at such concepts spiked 10%….
January 5, 2015
Blue Chip Macro Forecasts Hold Up Despite Weak First Quarter
While economists do expect the severe winter weather and the drought in the West to have taken a toll on economic growth in the first quarter of 2014, they remain quite upbeat about the remainder of the year and 2015, according to the latest consensus forecasts from Blue Chip Economic Indicators. While the forecast for…
- Advertisement -
- Advertisement -
TRENDING NOW
- Advertisement -
- Advertisement -
- Advertisement -
- Advertisement -