News
Fuzzy’s Taco Shop Snags Former Focus Brands Exec To Grow the Concept
The 150-unit brand aims to double its footprint over the next five years.
Fat Brands To Focus on Growing Brands After Last Year’s Major Acquisitions Â
Fat Brands is turning its focus to developing the brands in its lengthy portfolio this year after spending nearly $1 billion in acquisitions last year, adding eight new brands.
MAFSI Barometer Shows a ‘Healthy Increase’ in Sales for Q4
Sales projections were nearly right on target, with Q4 sales growing 17.3% over Q4 2020. MAFSI predicts a 16.8% sales increase for Q1 2022.
Energy Star Version 5.0 Requirements for Commercial Refrigerators, Freezers Released
Equipment under the new specification will produce energy savings of up to 24 percent.
Torchy’s Tacos Founder Takes on CEO Role
Torchy’s Tacos announced that its founder, Mike Rypka, is helming the Austin-based fast-casual brand as CEO.
Diversified Foodservice Supply Adds to Board
Diversified Foodservice Supply has added John Inwright to its board of directors as the company increases its commitment to maximizing its scale, efficiency and growth.
Expansion Roundup: Where 5 Brands Are Taking Their Stores Next
Marco’s Pizza has inked one of its largest franchisee deals ever, while Wingstop is entering Spain. Here's a look at expansion plans for these two brands and more.
Gas Prices Could Spell Trouble for March Restaurant Sales
The restaurant industry caught a bit of a break in February as a dip in the omicron variant led to the strongest monthly sales increase in nine months. However, the reprieve might be short-lived.
Foundation Investment Partners Acquires Weiss Instruments
The private equity firm Foundation Investment Partners has acquired Holtsville, N.Y.-based Weiss Instruments, a manufacturer of temperature and pressure instruments for the HVAC/R and OEM customers.
Krowne’s Sales Team Shifts
Krowne Metal, a manufacturer in the foodservice and plumbing supply industry, has announced changes to its sales team.
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