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Fazoli's

Financing

Andy Wiederhorn says his past has made him a federal target

The CEO of Johnny Rockets owner Fat Brands again denied recently published allegations of inappropriate spending and suggested his past may have led to the federal investigation.

Leadership

Fazoli’s CEO Carl Howard retires from the fast-casual Italian chain

Howard, who has held the post for 14 years, will be succeeded by Doug Bostick, who has been with Fazoli’s for more than two decades.

The Bottom Line: The Fat Brands founder and CEO is under a federal investigation over spending charged to the company. It comes 16 years after he was released from prison on a felony conviction.

The owner of Fatburger and Johnny Rockets says the SEC is looking into loans made to Andy Wiederhorn and his family.

A new publicity campaign highlights the efforts of selected operators to economically and socially support the communities they serve.

The acquisition of the fast casual brings the brand collector to about 2,300 global restaurant locations and an expected $2.2 billion in systemwide sales for 2022.

Fazoli's installed fryers and has made pandemic-popular wings available at all franchised and company-owned locations.

The fast-casual Italian chain says its sales have thrived over the past year, thanks to its drive-thrus, setting it up for unit growth for the first time in a decade.

The move is designed to help cash-strapped employees during the pandemic.

Taste Tracker: Boston Market’s new flavor combos, Buffalo Wings & Rings goes Korean and veggie variations continue to trend at Ike’s and other chains.

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