Financing
Fast-casual earnings roundup: El Pollo Loco, Potbelly, Rave
Some smaller fast-casual chains continue to struggle with pandemic recovery, with urban locations remaining especially slow to pick up.
Leadership
El Pollo Loco CEO Bernard Acoca steps down
The company has named CFO Larry Roberts interim CEO while it looks for a permanent successor.
Operators are packaging catering programs in new ways to win back lost business. Individually boxed meals are seen as a safer solution as people slowly return to the office or are in need of a quick lunch to grab-and-go. Cracker Barrel, BJs and El Pollo Loco recently introduced or upgraded boxed meal catering.