Fast_Casual

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

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.

The limited-time offering is the fast casual’s first new vegan protein since its introduction of Sofritas in 2014.

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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