Fast_Casual

Financing

Portillo’s aims high with IPO at $20 per share

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.

Workforce

Original ChopShop wants customers to help with hiring

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

The fast-casual chain said it plans to expand a test of deploying workers with tablets to its drive-thrus to take orders and payments as it looks to move cars through the line more quickly.

The fast casual revealed Tuesday it intends to sell more than 20 million shares at between $17 and $20 each when it goes public October 21.

Three globally flavored bowls join the fast casual’s salad and sandwich lineup, all boasting the “Mendo twist” and primed to build dinner business.

The fast casual is adding a new Buffalo Cauliflower side dish and a Curry Cauliflower bowl to its autumnal offerings.

Half of the fast-casual chicken finger chain’s Dallas-based corporate staff has deployed around the country to hire 10,000 new workers in 50 days amid a labor shortage that’s hitting operations as the company looks to open 100 stores next year.

Ross Goldstein had been with the fast-casual burger chain for nine years. He receives 7,500 shares of BurgerFi stock as part of his exit package.

The move expands on the success of the fast casual’s diet-specific Lifestyle Bowls, whose sales have grown 484% since being introduced in 2019.

Reaman comes to the Mediterranean fast casual after five years in finance for Corner Bakery Cafe.

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