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Fast_Casual

Financing

Levine Leichtman acquires Tropical Smoothie Café

 By Jonathan Maze on Sep. 08, 2020

The private equity firm partnered with management on the deal for the fast-growing chain.

Leadership

Potbelly hires Adam Noyes to be COO

 By Joe Guszkowski on Sep. 01, 2020

The sandwich chain added the operations veteran to aid in its turnaround efforts.

Emerging Brands

Buffalo Wings & Rings tries fast-casual service in new design

By Peter Romeo on Aug. 24, 2020

The high-volume chain plans to open a restaurant providing self-service as well as table service, for beer and food. New technology will be the enabler.

Financing

How Qdoba survived the quarantine on its own

By Jonathan Maze on Aug. 05, 2020

This week’s episode of the RB podcast “A Deeper Dive” features Keith Guilbault, the CEO of Qdoba, talking about the chain’s life as a stand-alone company.

Operations

Chipotle’s digital make lines are generating the AUVs of a standalone restaurant

By Heather Lalley on Jul. 23, 2020

The digital order prep areas are bringing in $1 million a year on their own per store, giving the fast-casual chain room for menu innovation and more.

Financing

Chipotle’s same-store sales fall nearly 10%

By Heather Lalley on Jul. 22, 2020

But the fast-casual chain’s digital business more than tripled, and the company's sales turned positive in June and July.

Food

Inside Just Salad’s new carbon-labeling program

By Joe Guszkowski on Jul. 09, 2020

Starting in September, the sustainability-minded chain will list the carbon emissions of each item on its menu.

Financing

Pie Five’s parent company receives a delisting warning

By Heather Lalley on Jul. 09, 2020

Rave Restaurant Group could be removed from Nasdaq if it is unable to comply with the stock exchange’s financial rules.

Financing

Opes Acquisition is paying $100M for BurgerFi

By Jonathan Maze on Jun. 30, 2020

The reverse merger will help fuel the fast-casual burger chain’s growth, which will take it to more nontraditional locations, including ghost kitchens.

Financing

Rave Restaurant Group won’t give up on Pie Five, CEO says

By Joe Guszkowski on Jun. 30, 2020

Brandon Solano said his turnaround experience can help right the struggling brand.

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