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Fast_Casual

Financing

After a strong year, Fazoli’s starts thinking big

The fast-casual Italian chain says its sales have thrived over the past year, thanks to its drive-thrus, setting it up for unit growth for the first time in a decade.

Financing

Wingstop is not just a pandemic phenomenon

The chain’s same-store sales rose 21% in the first quarter, completing a remarkable year. But its performance was improving long before quarantine, says RB's The Bottom Line.

The leaders from Home Depot and NRG bring a wealth of tech and executive experience to the 11-member board.

She is leaving to take the CEO job at a private company outside the restaurant industry, while the burger chain looks for a replacement.

As sales come close to pre-pandemic levels, the company is looking to licensing and e-commerce for sustained growth.

The fast-casual sandwich shop plans to use technology to grow business at the wing concept.

Randy DeWitt has been succeeded as CEO by Jack Gibbons, and the company has been recast into a venture called FB Society

T. Rowe Price, D1 Capital Partners, Lone Pine Capital and XN have all invested in the fast-casual taco chain, which plans to expand to 10 more states by 2024.

The investment will enable the Athens, Ga.-based chicken chain to accelerate its growth and expand into new sales channels.

The chain is applying the year’s lessons to new restaurants, which will have bigger drive-thrus and smaller dining rooms.

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