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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.

Leadership

Chipotle names Matt Carey and Mauricio Gutierrez to its board

By Joe Guszkowski on Mar. 31, 2021

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

Leadership

Shake Shack CFO Tara Comonte is stepping down

By Jonathan Maze on Mar. 29, 2021

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

Financing

Texas Roadhouse plans to franchise its fast-casual concept Jaggers

By Peter Romeo on Feb. 19, 2021

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

Financing

Capriotti’s acquires Wing Zone

By Heather Lalley on Jan. 04, 2021

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

Leadership

Creator of Twin Peaks and Velvet Taco gets new CEO, new identity, new focus

By Peter Romeo on Dec. 17, 2020

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

Financing

Torchy’s Tacos gets several new investors and plans to double in size

By Jonathan Maze on Nov. 20, 2020

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.

Financing

Goldman Sachs to acquire a significant stake in Zaxby's

By Jonathan Maze on Nov. 18, 2020

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

Financing

What the pandemic has taught El Pollo Loco

By Joe Guszkowski on Oct. 30, 2020

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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