Red Lobster's new owner names former P.F. Chang's CEO to lead …
Aug 26, 2024 · The investment firm set to acquire Red Lobster out of bankruptcy has named a new CEO for the chain. Damola Adamolekun, the former CEO of P.F. Chang’s, will take the reins of the seafood giant after the sale to a group led by Fortress Investment Group is finalized.
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BurgerFi has been sold to the owner of Savvy Sliders
Dec 13, 2024 · The fast-casual BurgerFi chain has a new owner. After being bought out of bankruptcy by lender TREW Capital Management in October, the better-burger concept on Friday was acquired by Happy Asker, CEO and co-founder of the Michigan-based parent company of Savvy Sliders, Fat Boy’s Pizza and Happy’s Pizza.. Terms of the deal were not disclosed, and …
Sweetgreen's robotic Infinite Kitchen is finally open - Restaurant …
May 10, 2023 · Promising a faster and more convenient experience, Sweetgreen’s long-awaited, fully automated Infinite Kitchen restaurant made its debut on Wednesday in Naperville, Ill.
Cracker Barrel names Julie Felss Masino CEO as Sandra Cochran …
Jul 18, 2023 · The announcement was the culmination of what Cracker Barrel said was a “multi-year, CEO succession-planning process.” “Julie brings a wealth of experience and an innovative spirit to Cracker Barrel and Maple Street,” Cochran said in a statement.
Olive Garden owner Darden completes acquisition of Chuy's for …
Oct 11, 2024 · Chuy’s shareholders overwhelmingly approved the acquisition during a meeting Thursday. Earlier, some shareholders had raised concerns about whether Darden was paying enough for the chain. Chuy’s responded last week by sharing additional details about how it came to the price of $37.50 per share, which represents a 10.9x multiple of Chuy’s estimated …
Buffalo Wild Wings has big plans for small-scale spinoff BWW Go
Apr 11, 2024 · Emerging Brands Buffalo Wild Wings has big plans for small-scale spinoff BWW Go The full-service chicken wing chain this week opened its 100th Go location and has franchisee commitments to open nearly 600 more of the takeout-focused restaurants.
Flynn Group buys more Wendy's restaurants
Nov 21, 2024 · Flynn Group is no stranger to the Indianapolis market. It has operated Applebee’s and Taco Bell restaurants there for years. “Indianapolis is a market we know very well,” Greg Flynn, CEO of Flynn Group, said in a statement.
Applebee's joins meal deal trend with $10 Really Big Meal Deal
Nov 12, 2024 · Applebee’s on Tuesday unveiled a $10 value meal, joining the parade of restaurant chains offering low-priced bundled meals for value-focused customers.
The Triple Dipper emerges as a star dish for Chili's
Oct 30, 2024 · Chili’s wildly popular Triple Dipper appetizer has landed itself a starring role in the chain’s turnaround plans. Sales of the starter—which allows customers to mix and match three apps and three dipping sauces—have surged 70% …