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Fast Casual

Financing

Struggling Freshii to be sold to Foodtastic

 By Jonathan Maze on Dec. 19, 2022

The healthy fast-casual franchise has agreed to be sold to a growing Canadian restaurant operator for $54 million.

Financing

Inspire Brands sells Rusty Taco to the owner of Cicis Pizza

 By Jonathan Maze on Dec. 19, 2022

The owner of Arby’s and Dunkin’ decided that the taco chain would be better off in the hands of a company that operates emerging brands.

Operations

Chipotle promises TikTok chef Nick DiGiovanni will reveal chain’s vinaigrette recipe in marketing campaign to feed those in need

By Lisa Jennings on Dec. 14, 2022

Fans must round up their change to support The Farmlink Project, which directs produce to food banks.

Leadership

Ashley Love named first CFO of Clean Juice

By Lisa Jennings on Dec. 13, 2022

The former venture capital firn exec joins the organic-juice chain to lead finance, HR, compliance and legal divisions.

Financing

Largest Jack in the Box franchisee makes strategic investment in fast-casual Nick the Greek

By Lisa Jennings on Dec. 12, 2022

The founding team retains a minority stake and will continue running the growing 48-unit gyro-and-souvlaki franchise concept.

Operations

How Portillo’s is boosting productivity and cutting costs

By Lisa Jennings on Dec. 12, 2022

The iconic Chicago chain is testing ways to unlock sales by reorganizing kitchens, automating prep, cross-training and paying team members more.

Leadership

Richard Stockinger steps down as CEO of Pollo Tropical parent

By Jonathan Maze on Dec. 09, 2022

Dirk Montgomery, who has been CFO since 2019, will step in immediately as interim CEO of Fiesta Restaurant Group.

Operations

How will automated makelines impact Sweetgreen’s growth?

By Lisa Jennings on Dec. 08, 2022

Co-founder Nicolas Jammet expressed confidence that the two robotic units to open next year will unlock new doors to profitability.

Leadership

Sweetgreen COO Chris Carr to step down in 2023

By Lisa Jennings on Dec. 06, 2022

SVP Stephanie Traut will take over leadership of operations for the fast-casual salad chain.

Financing

Dine Brands believes Fuzzy’s ‘bad-ass’ vibe can work nationwide

By Joe Guszkowski on Dec. 05, 2022

The parent of Applebee’s and IHOP wants to supercharge the concept’s growth without changing what has worked so far at the 138-unit taco chain.

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