Potbelly

Potbelly's Set to Open Its First Arkansas Location

Potbelly Sandwich Shop announced a signed agreement that will soon bring Arkansas its first shop.

Currently slated to open this summer, the shop is in development at Little Rock’s Park Avenue shopping center at 314 S. University Avenue.

Ryan Hamra, the new sandwich shop’s operating partner, is a Little Rock native and the operator of North Little Rock’s Blue Coast Burrito. Hamra will open the shop with his business partner, Mark Needler. 

Susan Chapman-Hughes Joins Potbelly Board of Directors

Potbelly Corporation announced that Susan Chapman-Hughes has been appointed to Potbelly's board of directors. Chapman-Hughes is senior vice president of U.S. account development global corporate payments for American Express Company. Chapman-Hughes has been with American Express since 2010, and prior to that, she worked at Citigroup Inc. as global CAO/global head of operations and strategy for Citi Realty Services.

Potbelly Lands First Store in North Dakota

Potbelly Sandwich Shop announced an agreement that will soon bring North Dakota its first shop. Currently slated to open this summer, the shop is in development at Fargo’s new Prairie Stone Center at 4445 17th Ave. S. The widely acclaimed neighborhood hangout will feature its sandwiches, hand-dipped milkshakes, and live, local music this summer.

 

Public Domain

In the last few years, Wall Street has shown an increased appetite for restaurant companies as a whole, and it’s fast-casual brands in particular that increasingly grab investors’ attention.

That was perhaps no more evident than in 2013, when enthusiasm for fast-casual restaurant concepts reached new heights with gangbuster initial public offerings (IPO) from Potbelly and Noodles & Company. The IPOs raised about $100 million each, and stock prices of both companies more than doubled on their opening days of trading.

Potbelly Welcomes Dan Ginsberg to Board of Directors

Potbelly Corporation announced that Dan Ginsberg has been appointed to Potbelly's board of directors. Ginsberg is the chief executive officer of Dermalogica, a U.S.–based skincare brand, and has a comprehensive background in branding strategy, marketing, and advertising. He was previously the CEO of Red Bull NA. Prior to his work with Red Bull, Dan was the chief marketing officer at Hardee's.

2013: A Year In Review

Nine stories that shook up the limited-service industry in the last year.

Despite a year filled with turmoil in Washington, the limited-service restaurant industry showed moderate growth and promise in 2013, thanks in part to creative new ideas and products, plus another good gain from fast-casual units.

With issues such as sequestration, a payroll tax increase, the government shutdown, and the Affordable Care Act hanging over the industry, it’s perhaps not surprising that gains have only been nominal, despite employment increases and an improving economy.

Potbelly Announces Results of Initial Public Offering

Potbelly Corporation announced the closing of its previously announced initial public offering of 8,625,000 shares of common stock at a price to the public of $14 per share, which included 1,125,000 shares of common stock issued upon the exercise in full of the underwriters' option to purchase additional shares. The company sold 8,474,869 shares of common stock, and certain stockholders sold 150,131 shares of common stock.

Potbelly Sandwich, DTT Team Up for Surveillance

DTT Surveillance and Potbelly Sandwich Works signed an agreement that names DTT as the preferred surveillance vendor for the Potbelly concept. 

Potbelly currently operates 200 stores throughout various cities across the U.S.and continues to expand into new regional markets. DTT’s high-quality video surveillance technology and auditing services will provide these owners with actionable operational information and analytical tools that will help them manage their locations more effectively and profitably. 

Moreton’s View from the Top

The Panera CEO has spent one year at the helm of the fast-casual industry’s biggest company. His one goal? To keep the company on top.

On the evening of May 12, 2010, Bill Moreton and dozens of his Panera Bread colleagues celebrated the career of Ronald Shaich, the bakery-café’s cofounder, departing CEO, and ultimate visionary. For 25 years, Shaich guided Panera’s growth from a 19-unit chain into a fast-casual giant claiming $3 billion in sales.

Like many, Moreton stood at the center of that room in St. Louis and rattled off Shaich stories alongside compliments and gratitude. The room was jovial and celebratory. Moreton didn’t know how different tomorrow’s tone would be.

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