Boathouse Capital, a Philadelphia-based private equity firm, announced that it has partnered with Green Shoot Partners to acquire Fresh Dining Concepts.
The brand appears to have closed all locations.
The sandwich fast casual is considering refranchising as well.
Off-premises innovation and labor are going to separate the winning brands.
The company is actively looking for franchise operators.
A new CFO and CMO hope to point the company forward.
New CEO Rob Lynch restructures the management team as company announces first quarterly sales increase in two years.
Smaller, more agile restaurants are on deck for 2020 and beyond.
Brentwood Associates, an investor in Blaze Pizza and Veggie Grill, picks up the chicken-salad fast casual for an undisclosed amount.
The fast-food chain also revealed that it's paying CEO Steve Easterbrook 26 weeks severance.
The surging brand saw its same-store sales jump double-digits in the third quarter.
Chicken Salad Chick announced its continued success during the third quarter, marking its 15th consecutive quarter of positive same-store sales growth.
Store closures, overly leveraged franchisees, are part of the company's short-term future.
Starbucks Coffee Company announced its plans to invest $10 million in four community lenders to drive economic opportunity in Chicago.
More than half of Chipotle's 150–165 planned new restaurants for 2020 will have a drive thru. But that's just the beginning of this story.
Rising costs challenged the brand in the third quarter.
Inspire Brands, Inc. announced October 18 the completion of its acquisition of Jimmy John’s Sandwiches.
This likely won't be the last major move for the country's fourth-largest restaurant company.
The post-summer back to business and school as usual kept U.S. restaurant transactions flat in September compared to year ago, reports The NPD Group.
A challenged third quarter has been building.
It's why the world's largest pizza chain is getting aggressive with growth.
Quality Restaurant Group, LLC, owners and operators of more than 200 Pizza Hut locations operating as Quality Huts, LLC, appointed Matthew Slaine as Chief Executive Officer.
The deal will make the Arby's parent company the country's fourth-largest restaurant group.
The growing fast casual raised another $150 million.
FAT Brands Inc. announced its offering of up to $30,000,000 of non-convertible 8.25 percent Series B Cumulative Preferred Stock and common stock purchase warrants.
TD Bank, America's Most Convenient Bank, announced that its U.S.
Is a sale in the company's future?
Amidst a chicken sandwich war, taking advantage of the last remaining days of summer vacation, and the want of having someone else do the cooking, consumers made more purchases at U.S.
Hargett Hunter Capital Management (“Hargett Hunter”), a North Carolina-based private equity group focused exclusively on the hospitality industry, is pleased to announce that that it has invested i
A late-night deal could counter heavy promotional and marketing activity.