Changing consumer expectations and the need to remain relevant are big drivers for many prototype changes, and so are unit economics. Such is the case for Tempe, Ariz.-based Tilted Kilt Pub & Eatery. With legacy units measuring 8,000 to 10,000 square feet and many occupying freestanding, second-generation sites, the costs and constraints associated with the existing prototype were limiting growth.
Atlanta-based NRD Capital to acquire the casual dining chain.
The number of coffee shop locations increased by 2,900 over the past 5 years, NPD Group reports.
