Heather Lalley

Managing editor

Articles by
Heather Lalley

Page 30
Leadership

Zaxby’s hires Bernard Acoca as CEO

Zach McLeroy to become chairman. Acoca, the former El Pollo Loco CEO, becomes the chicken finger chain’s first non-founder leader in its 30-year history.

Financing

Sweetgreen files its IPO

The 140-unit fast-casual salad chain, which has been hard hit by the pandemic, becomes the fifth restaurant brand to go public this year.

The fast-casual pizza chain has been acquired by franchisees Pie Guy Restaurants, with former Long John Silvers head serving as its new CEO.

Workers are being shifted from the digital kitchen to the front line in short-staffed stores, forcing the fast casual to “throttle” digital orders during peak times.

The fast casual said same-store sales increased 15.1% during the third quarter, with revenue climbing 21.9% to $2 billion.

The 67-unit fast casual, known for its Italian Beef sandwiches, ended its first day on the market with its share price at $29.10, up 45.5% from its starting price. It raised more than $405 million from the IPO.

The 67-unit fast casual, with a menu of regional Chicago fare like hot dogs and Italian Beef sandwiches, will offer more than 20 million shares for sale starting Thursday.

A group called Save Casa Bonita has filed an objection to the proposed sale, offering to pay $3.5 million for the Mexican restaurant/tourist attraction.

The 16-unit fast casual is now offering $50 referral bonuses to diners who send new hires to the chain.

Hospitality vet Jay Coldren joins as the food hall operator’s first chief operating officer for the Americas.

The fast casual set the goal of becoming “climate positive”—removing more carbon from the environment than it emits—by 2050.

Denver-based Mici Handcrafted Italian has some big-name advisors, well-oiled operations, a thriving rewards program, and it’s starting a major growth push after 17 years building its foundation.

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