November 15, 2017
MTY Buys two Better Burger Concepts
Multiconcept operator MTY will buy better-burger concepts The Counter and Built Custom Burgers from parent company CB Franchise Systems.
PE Firm Buys Another Broken Egg
Another Broken Egg, an upscale breakfast concept, was acquired by Beekman Investment Partners, a New York-based private equity firm.
2017 Kitchen Equipment & New Technology EXPO
Forbes Hever & Wallace, Inc. (Coppell, Texas) annual Expo is December 7th at their Culinary Lab. Expo is a unique and creative event for foodservice professionals from Restaurant & Hospitality, School, C-Store and Grocery, Healthcare, Institutional and their E & S designers and suppliers to get up close and personal with NEW products & technology.
Panera to Acquire Au Bon Pain, Update Leadership Team
Panera Bread has reached an agreement to acquire Au Bon Pain. In addition, Panera announced Ron Shaich will step down as CEO effective Jan. 1, 2018. Blaine Hurst, current president of Panera, will replace Shaich at that time.
Casual Dining’s Same-Store Sales Increase, Reduced Menu Working for Chili’s, Comparable Store Sales from 20 Chains, and More
Same-store sales increase at casual dining chains, per a Knapp Track report. Chili’s says its reduced menu is working. More than 20 chains report comparable store sales. These stories and a whole lot more This Week in Foodservice.
HHM Creates Sr. VP of Restaurants and Bars Role
HHM hired Josh Levine to serve in the newly created position of senior vice president of restaurants and bars for the provider of turnkey hotel management, investment, and development services.
Applebee’s Names Carroll Senior VP, COO
Applebee’s Neighborhood Grill + Bar named Kevin Carroll to the role of senior vice president, chief operations officer.
Quaker Steak & Lube Promotes Lane
Quaker Steak & Lube promoted Bruce Lane to vice president of operations and franchise services. Lane joined the company earlier this year as vice president of franchise services.
Toppers Pizza Promotes Oldenburg
Toppers Pizza named Adam Oldenburg as vice president of operations.
sbe Appoints a Chief Culinary Officer
Martin Heierling will become the first-ever chief culinary officer for sbe, a lifestyle hospitality company.
Kitchen Brains Updates Sales Team
Kitchen Brains added R. Tim Thaler to its sales team as vice president - strategic accounts for the maker of timers, controls, temperature monitoring, and IoT applications for the commercial kitchen/foodservice industry.
Value Engineering: Eight Ways to Meet in the Middle
Here, we offer eight ways foodservice designers and dealers can work collaboratively to resolve the issues around price versus kitchen design.