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Fast_Casual

Financing

Vegan chain Next Level Burger buys Veggie Grill

 By Heather Lalley on Jan. 11, 2024

The move comes less than six months after Veggie Grill closed 12 restaurants amid declining sales. The deal creates a 27-unit plant-based restaurant company.

Financing

Once 'orphaned,' Qdoba's new parent sees much whitespace for growth

 By Lisa Jennings on Jan. 11, 2024

John Cywinski hints going public could be in the Mexican fast casual's future if the revitalization strategy comes to fruition as planned.

Financing

Struggling Boston Market will let anyone open a location

By Jonathan Maze on Jan. 10, 2024

The lawsuit-riddled rotisserie chicken chain will let people become operators of the brand without any franchise fee or other buy-in requirements.

Leadership

Cooper’s Hawk exec named CEO of MOD Pizza

By Lisa Jennings on Jan. 08, 2024

Beth Scott replaces co-founder Scott Svenson in the role. He is shifting to an executive chair position.

Financing

How many Boston Market locations are left? That's a good question

By Jonathan Maze on Jan. 04, 2024

The fast-casual chain appears to have closed at least one-third of its restaurants in 2023, and likely many more as years of decline become a freefall. But how many it has remains a mystery.

Financing

Inside the turnaround at Potbelly

By Jonathan Maze on Dec. 20, 2023

A Deeper Dive: Bob Wright, CEO of the Chicago-based sandwich chain, joins the podcast to discuss the company’s recovery from the pandemic and its own organic struggles.

Financing

US Foods is accusing Boston Market of delay tactics

By Jonathan Maze on Dec. 15, 2023

The distributor, which has sued the fast-casual chain for unpaid bills, says it was not informed of its owner’s bankruptcy filing until it heard from media reports.

Emerging Brands

Golden Corral likes what it's learning from its new Homeward Kitchen concept

By Peter Romeo on Dec. 14, 2023

Three years in the making, the fast casual upstart is on track to surpass pro forma projections, the company says.

Operations

How Honeygrow got its groove back

By Lisa Jennings on Dec. 14, 2023

Growth was on hold for a reset prior to the pandemic but now the 40-unit chain is gearing up to more than double in size in five years.

Financing

Jay Pandya, who owns Boston Market, files for personal bankruptcy

By Jonathan Maze on Dec. 12, 2023

The operator of the struggling rotisserie chicken restaurant chain is also accusing US Foods of overcharging for food and keeping supplies low, leading to substitutions and closures.

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