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Togo’s Plans Arizona Expansion
Made-to-order sandwiches bearing the Togo’s label will soon be found across Arizona. The San Jose, Calif., sandwich chain aims to develop 25 new units in Flagstaff, Phoenix, Scottsdale, Tempe and Tucson. New and existing franchisees can benefit from $10 million in funding for remodels and transfers, as well as $5 million to build new restaurants…
QualServ Slates Three For Top Posts
Just a month after E.J. Morrow took the reins as president and CEO of QualServ Corp., the manufacturer, distributor and installer of custom wood and metal fixtures and foodservice equipment and supplies has announced three major appointments. Bethany McGarry has been named national sales director for the foodservice channel. She recently served in national account…
Cold Stone Marks 25th Year By Opening In 25th Country
It’s a milestone year for Cold Stone Creamery. The chain is marking its 25th year in business by setting up shop in Turkey—its 25th country of operation. Parent company Kahala has inked a master franchise agreement with Ulker Golf, aiming to open 15 stores in the market over the next five years. Since debuting its…
Middleby Adds Liaison Between Its Brands And Consultant Community
The Middleby Corp. has hired Peter Cooper, formerly of Johnson & Wales University, as its new v.p.-business development, consultant and design services. Cooper is acting as a liaison between all of the Middleby brands and the design and consultant community. Prior to joining Middleby, Cooper spent six years as the executive director of culinary procurement…
Del Taco Strengthens Leadership Team
Del Taco has made four executive appointments. Two company veterans have been promoted: John Druse, named as v.p.-design and construction, and Mike Lucero, appointed v.p.-franchise development and real estate. Eric Grundmeier joins the Lake Forest, Calif., chain as v.p.-supply chain and quality assurance. He held a similar post at Qdoba Restaurant Corp. David Wetzel has…
Manitowoc Launches New Cuber Brand, Acquires Induction Component Maker
New brands and new acquisitions: It’s a busy month for Manitowoc Foodservice. The company announced Oct. 1 that it would launch a new line of cube-ice machines marketed and sold under the Koolaire brand name. The New Port Richey, Fla., manufacturer says Koolaire was designed and developed for price-driven customers who want basic features, as…
McDonald’s Scales Back Openings, Cap-Ex For 2014
Every penny counts: While McDonald’s Corp. managed to beat third-quarter earnings estimates by a penny—profits were up despite weak sales—the company is re-thinking its 2014 plans. The chain will be pushing back on opening new restaurants, particularly in China and other emerging markets. The company now expects to spend a total of $3 billion this…
Bloomin’ Brands Int’l. Appoints President
Bloomin’ Brands EVP Pat Murtha has been named president of Bloomin’ Brands International. Murtha will be responsible for helping define, develop and implement the international growth strategy for Bloomin’ Brands, and will be a member of the executive leadership team. Prior to joining Bloomin’ Brands, Murtha held leadership roles at Yum! Brands, where he spent…
Potbelly Revs Up For 2014
After a successful IPO in October, the Chicago-based Potbelly Sandwich Shop chain continued humming along in its fiscal third quarter when nine new shops opened, including eight company-operated units and one franchised store. Overall, 29 new Potbelly’s—all but four company-operated—opened during the first three fiscal quarters of 2013. The Chicago chain anticipates revving up its…
Growth In State And Local Tax Receipts Remains Very Moderate
Overall state tax revenues grew 2.7% in third quarter 2012 vs. the third quarter the year before, the 11th consecutive quarter of increases since the depths of the Great Recession, according to data from the Rockefeller Institute of Government, Albany, N.Y. Still, the rate of increase has declined for five consecutive quarters since peaking in…
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