Articles by FER Edit
The National Restaurant Association released its 2022 State of the Restaurant Industry report that looks at how the industry has been affected by pandemic-related changes and offers insights on where it’s headed.
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While 74% of restaurants surveyed reported they maintained or increased sales in 2021, profit margins shrunk to 10%, compared to 12% in 2019, due to the increasing costs of running a restaurant.
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The Atlanta-based quick-service restaurant Krystal has appointed industry veteran Manny Rodriguez as its new vice president of operations.
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Technomic released its December TIndex, and it showed the performance of the industry has been on a continued decline since September. Â Â Â
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Bojangles announced the retirement of COO Brian Unger and the promotion of John Freeman to vice president of operations and support.
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Dine Brands and Inspire Brands announced overseas expansion plans for Applebee’s, IHOP and Arby’s, and Jeremiah’s Italian Ice, Wienerschnitzel and Rise Southern Biscuits and Righteous Chicken are growing domestically. Here’s a look at the details in this week’s Expansion Roundup.
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CKE Restaurants picked up former Boston Market executive Eric Wyatt as its new senior vice president of Hardee’s.
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Lance Trenary, president and CEO of Golden Corral, will serve as chair of the association’s board of directors, and Kent Walrack, retired executive vice president and chief strategy officer of Lyons Magnus, will serve as chair of the educational foundation’s board of trustees.
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Jaime Nau will oversee the Middleby national account teams that work with global restaurant chains, convenience stores, retail outlets, government programs and other strategic accounts.
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Shawn Thompson previously served in executive roles with Supercuts, Tim Hortons and Restaurant Brands Int’l.
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