facebook pixal

Heather Lalley

Editor, Foodservice Group

Articles by
Heather Lalley

Page 5
Technology

Chipotle creates a $50 million fund to invest in early-stage tech companies

The burrito chain’s new Cultivate Next fund, financed solely by Chipotle, will boost young firms that could “possibly revolutionize the restaurant industry,” the fast casual said.

Beverage

Panera goes for the big gulp with revamped monthly beverage subscription

Building on the success of its coffee subscription, the fast casual launched the $10.99-a-month Unlimited Sip Club, which offers 26 self-serve beverages.

Fast-casual chicken chains grew their sales by more than 24% over 2019—more than any other segment tracked by the Top 500.

Crisp & Green, founded in 2016 by former fitness chain executive Steele Smiley, said it has been profitable every quarter and that it is seeing $2.5 million average unit volumes.

The two chains said they are starting to see some efficiencies after joining forces last year, but development was slowed by COVID.

Smith most recently served as VP of operations excellence for Papa John’s and has also held leadership posts at McDonald’s.

Marketing Bites: Current events are offering some good fodder for discounts, Baskin-Robbins debuts a rebrand and more marketing news of the week.

The honor, given by the editors of Restaurant Business, recognized the newly public chain’s strong corporate culture, successful loyalty program and thoughtful growth.

Improving the in-restaurant experience and making off-premise sales a priority topped his to-do list when he took over the Asian casual-dining chain in 2020.

The fast-casual pizza chain’s day-to-day operations will now be run by &pizza’s COO and CBO, CEO Michael Lastoria said.

Zunzi’s was doing well as a traditional fast casual, its CEO said, but then it added a bar and sales soared. Now, it’s changed its franchising plans.

Marketing Bites: Expect to see more chains promote their workplace culture. Would you wear Waffle House sneakers? And more marketing news of the week.

  • Page 5