Industry News | November 5, 2009

Corner Bakery to Expand San Diego Presence

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Corner Bakery Cafe announced a partnership with S&B Development Inc. to open 11 franchise-operated locations in San Diego by 2016.

“With 32 years of restaurant industry experience, including my time as a Panera Bread franchisee, I had the opportunity to study, in depth, both the fast-casual bakery cafe segment and Corner Bakery Cafe itself,” says Steven Fricker, partner in S&B Development Inc. “I’ve always admired the brand for its appeal across all meal-times, serving guests breakfast, lunch, dinner, dessert options as well as its nationally recognized catering program. I’m excited to be part of a brand that, even in today’s economy, continues to expand, and with San Diego in mind specifically, I believe there is significant growth opportunity.”

“In a time when many brands are challenged to find franchise partners and available financing, we are especially pleased to expand our franchise presence with restaurant veterans like Steve Fricker, one of the most respected leaders in our industry,” says Mike Hislop, Corner Bakery Cafe CEO. “We’ve seen a lot of success with our current San Diego locations, and with the leadership of Steve and his partner, Bob Carson, we’re excited to extend our signature menu offerings to an even-larger San Diego base.”

In addition to Fricker’s experience in the bakery cafe industry, he previously served as an Outback Steakhouse senior executive and was a founding partner in the California franchisee for Outback. He started his industry career with fast food-chain Jack in the Box, where he served in various senior management positions over a 15-year period. He has developed over 100 restaurants within the California markets, and is the immediate past chairman of the board of the California Restaurant Association and was recognized with his Outback Steakhouse partner as Operator of the Year in 2002 by the California Restaurant Association’s Education Foundation. Working alongside Fricker is his business partner, Bob Carson. Carson has 35 years of experience in shopping center development and is eager to bring his business sophistication and knowledge of the San Diego real estate market to the Corner Bakery Cafe expansion initiative.
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