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Fast_Casual

Financing

Capriotti’s acquires Wing Zone

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

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.

Financing

Corner Bakery sold to Pandya Restaurant group

By Heather Lalley on Oct. 29, 2020

The struggling Roark-owned fast casual has been purchased by the new owner of Boston Market, real estate investor Jignesh Pandya.

Financing

Chipotle sales surge, thanks to digital

By Heather Lalley on Oct. 21, 2020

Major growth in online and mobile orders helped the chain emerge quickly from its early pandemic slump.

Financing

Savory invests in Via 313 Pizzeria

By Jonathan Maze on Oct. 13, 2020

The investment fund’s latest deal gives it a stake in an Austin, Tex.-based Detroit-style pizza concept.

Financing

With office workers at home, Corner Bakery struggles

By Jonathan Maze on Sep. 24, 2020

The fast-casual chain is reportedly hiring restructuring advisors, making it the latest urban chain to face challenges, says RB’s The Bottom Line.

Operations

Melting Pot is working on a hybrid concept

By Peter Romeo on Sep. 23, 2020

Melting Pot Social blends signatures of the fondue chain with fast-casual elements.

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