March 29, 2017
Darden Acquires Cheddar’s Scratch
Darden Restaurants, Inc. will acquire Cheddar’s Scratch Kitchen for $780 million in an all-cash transaction from its stockholders, including private equity firms L. Catterton and Oak Investment Partners.
E&S Suppliers Report Mixed Results, Wages of Wait Staff, Acquisition News and More
Foodservice industry suppliers have mixed financial results. Freshii wants to partner with Subway. Waiters and waitresses make more in Western states. Cheddar’s, Shophouse and Checkers acquisition news. These stories and a whole lot more This Week in Foodservice.
LeanPath Hires a Food Waste Fighting
Food waste management firm LeanPath Inc. has added Chef Robb White, CEC, CCA, AAC, to its team. He will serve in the organization’s newly created post of food waste fighting chef.
10 Kitchen Design Best Practices
This list, from our sister publication restaurant development + design, will provide strategic direction to a restaurant project, support communication among all team members and bring better operational and cost efficiency overall. The process of considering such options may seem laborious but it promises to reduce, if not eliminate, countless problems before and after a restaurant opens.
Oak Hill Buys Checkers
Venture capital firm Oak Hill Capital Partners has reached an agreement to acquire Checkers Drive-In Restaurants Inc. from Sentinel Capital Partners. Checkers also operates Rally’s restaurants.
Trend: Modern Indian
Once characterized only as uber-rich and spicy buffet food that can challenge the stomach, American diners are taking a second look at Indian cuisine as top chefs, restaurateurs and fast-casual entrepreneurs across the country aim to reintroduce and reinvent authentic dishes in lighter, creative ways.