October 11, 2017
Freddy’s Frozen Custard & Steakburgers Updates Leadership
Randy Simon was named president and CEO of Feddy’s Frozen Custard & Steakburgers, a restaurant concept he founded more than 15 years ago with his brother Bill and business partner Scott Redler.
Dairy Queen Announces Management Succession Plan
John Gainor will retire from his post as president and CEO of International Dairy Queen on Dec. 31, 2017. Current CEO Troy Bader will replace him.
Captain D’s Promotes Sims to Director of Operations
Captain D’s promoted Summer Sims to director of operations for the seafood-oriented restaurant chain. In her new role, Sims will oversee the operations and financial responsibilities of Alabama, Mississippi, Oklahoma, and Arkansas territories.
Over-Expansion Might be Hurting Restaurants, Restaurant Employment Fell in September, Coffeehouse Sales on the Rise and More
Merrill Lynch says over-expansion is hurting restaurants. Restaurant employment fell dramatically in September. Premium products are driving up coffeehouse sales. Fast-casual restaurant sales growth is slowing in Canada. These stories and more This Week in Foodservice.
Private Equity Firm Invests in Bettcher Industries
In a transaction to help accelerate its growth, manufacturer Bettcher Industries has received an equity investment from Morgenthaler Private Equity.
New Leadership Seeks Turnaround for Pie Five Pizza Co.
To drive better unit economics, Pie Five has diligently implemented a slew of new strategies that affect store design, equipment selection and more.