Company News

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Chipotle Sets Record Quarterly Sales of $2 Billion

Despite not yet recovering all its in-store sales, periodic staffing challenges, menu price hikes and supply chain disruptions, Chipotle Mexican Grill had a record third quarter, bringing in $2 billion in sales.

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Expansion Roundup: Coffee and Cobbler Concepts—Plus More—Grow Footprints

This week in Expansion Roundup, FER checks out growth plans for Bad Ass Coffee of Hawaii, The Peach Cobbler Factory, Jack in the Box, Chicken Salad Chick, Peter Piper Pizza and Bobby’s Burgers.

Sparrow at Hotel Figueroa Patio

Noble 33 Launches New Italian Concept

Noble 33 is launching its first Italian restaurant, Sparrow, located in Hotel Figueroa in downtown Los Angeles.

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Tim Hortons Puts Its New, Sustainable Hot Beverage Cup to the Test

Tim Hortons announced today—the kickoff day to Waste Reduction Week in Canada—that it’s launching a test of a new hot beverage cup design at select Vancouver restaurants, along with two other sustainability initiatives.

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Electrolux Professional Aims To Reduce Environmental Impact

Electrolux Professional is looking to become more environmentally friendly, and a new loan agreement illustrates its commitment.

Sustainable

Starbucks, McDonald’s, Wendy’s and Panera Want Sustainable Cups

What do Starbucks, McDonald’s, Wendy’s and Panera Bread have in common? They all want sustainable cups. Today, the four brands announced plans to reduce single-use waste by working toward circular packaging.

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Yum China Goes Big With Digitalization

Yum China is spending a pretty penny to invest in the future of its restaurants—which involves transforming them digitally through cutting-edge technology.

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Mici Handcrafted Italian Signs First Franchise Deal

The brand announced it signed its first franchise deal with Black Bear Diner and Smashburger franchisees Lucas Farnham and David Doty to bring 30 Mici locations to the Phoenix market.

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New CaliBurger Location Goes Heavy on the Tech

The latest CaliBurger restaurant is coming with a cook already in the kitchen.

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Yum China Reduces Waste Through AI Technology, Food Bank Program

Yum China announced its commitment to continuing to reduce waste through the gradual expansion of its existing pilot Food Bank program to more stores and cities across China.

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