Company News
Torchy’s Tacos’ CEO Is Retiring
Torchy’s Tacos announced today that its CEO, G.J. Hart, is retiring, effective immediately.
Expansion Roundup: Subway’s Gigantic Franchise Agreement, Cinnabon Goes Streetside and More
Subway has inked what it says is one of the largest franchise agreements in QSR history, and the popular mall brands Auntie Anne’s and Cinnabon are getting co-branded locations street-side. All this and more in this week's Expansion Roundup.
Denny’s Launches Modernized Kitchens, Brands’ Menu Price Hikes and More—A Look at Quarterly Results
Labor and supply chain issues, on top of rising commodity inflation, remain a challenge for the restaurant industry. As more restaurants release their quarterly results, the brands detail how they’re combating these issues.
Chipotle To Cut Carbon Emissions in Half
Chipotle Mexican Grill is looking to cut its greenhouse gas emissions in half by 2030.
Parts Town Gets Boost from Investment Firm
Parts Town announced today that Leonard Green & Partners, a Los Angeles-based growth investment firm, made a “significant” investment in the company.
Alto-Shaam Expands Partnership With BSE
Alto-Shaam has a new manufacturers’ representative in MAFSI Region 5: BSE Mid-Atlantic.
Quarterly Highlights: Starbucks Sets Sales Record, Yum Brands Pushes for Growth Record and More
Despite COVID-related difficulties, increased costs, supply chain issues and operating challenges, many brands are posting strong systemwide sales for the last quarter. Here’s a look at highlights from four brands’ earnings calls that took place this week.
Expansion Roundup International Edition: Brands Head Overseas
From Popeyes heading into Eastern Europe and Wayback Burgers entering the Asian market, brands aren’t limiting themselves to the U.S. In this week’s Expansion Roundup International Edition, FER is taking a look at recently announced global expansion plans for four brands.
Noodles & Co. Phases Out Plastic Straws
It’s out with the plastic and in with the paper for Noodles & Co. The brand released its first impact report, highlighting key sustainability initiatives, and a change in straws was among them.
Drones Are Delivering for C3
Those ordering delivery from within two miles of select C3 virtual kitchens are getting their meals brought to them by drones.
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