Checkers Drive-In Restaurants

Leadership

Frances Allen is stepping down as Checkers & Rally's CEO

The chief executive guided the drive-thru fast-food restaurant chains through the pandemic, restructuring and its sale last year to a trio of investment firms. A search is on for her successor.

Marketing

Forget Threads. Casual restaurants are going retro in their latest marketing

Reality Check: 3-for-$10 (or thereabouts) and buy one/take one home deals are back in vogue.

Arbour Lane Capital Management, Garnett Station Partners and Guggenheim Investments are taking majority ownership in a deal that will cut back on the fast-food chain’s debt.

Loans were due on April 24, but now Checkers Drive-In Restaurants Inc. will have more time to build on the momentum of its business.

The operator of drive-thru restaurants has reportedly hired advisers to help it restructure its debt, which comes due next year.

Falcons Burger is acquiring the locations from a retiring operator, becoming the burger chain’s biggest franchisee in the process.

The drive-thru chains expect to add 60 locations this year after signing deals on both coasts.

Tech Check: The drive-thru helped QSRs thrive during the pandemic, but it’s also ripe for change.

The company is adding voice-activated ordering this year, among other steps it hopes will improve the job of running its restaurants.

Frances Allen, CEO of the drive-thru burger chain, joins this week’s episode of the RB podcast “A Deeper Dive” to talk about the industry’s challenges and the chain’s growth strategies.

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