Restaurant & QSR Expansion Report

116

Heading Up New Franchise Program

Last week, Toronto-based SPoT Coffee (Canada) Ltd. reported that Paul Price has joined the company’s executive management team as Vice President of Franchise Operations. In this new position, Price will lead SPoT’s franchise program, including the company’s New York State…

Pensacola is 98th

Earlier in the week, The Egg & I restaurants opened its 98th restaurant. The restaurant is at 7175 North Davis Hwy at the University Mall in Pensacola in Florida. Headquartered in Centennial, Colorado, the full service, breakfast and lunch chain is…

Hot Spot Gets Hotter

Due to the demand, owner Frank Locker has expanded the hours and food items at the Vinus & Marc in New York’s Upper East Side. The 55-seat bar/lounge opened almost a year ago on 2nd Ave. in the Yorkville area…

Promotions in Sonic’s Marketing

There has been some recent promotions in the marketing team at Oklahoma City-based Sonic Corp.Senior Vice President James O’Reilly is being promoted from Chief Marketing Officer to Chief Brand Officer, and Todd Smith is being promoted from Vice President, Marketing…

Second in the East Coast, then Hawaii

On May 12th, the second Little Sheep Mongolian Hot Pot restaurant in the East Coast region opened in the recently renovated Festival Plaza on Route 27 in Edison in New Jersey’s Middlesex County. The fondue-style restaurant offers dining room seating…

Mullany Joins Pizza Inn

As of May 5th, Timothy Mullany has joined Dallas-based Pizza Inn Holdings Inc. as Chief Financial Officer.  He was previously CFO of Restaurants Unlimited Inc., a Seattle-based company with approximately $200-million in sales that owns and operates more than 20 full…

Lippert to Drive Restaurant Growth

In late April, casual-dining franchise Quaker Steak & Lube announced that it has appointed Greg Lippert as Chief Executive Officer effective immediately. Lippert is a 30-year industry veteran, and since 2005 was chief executive officer of Mazzio’s LLC, where he…

Sells Red Lobster, Attention on Olive Garden

Darden Restaurants Inc. has just announced that it has entered into a definitive agreement to sell its Red Lobster business and certain other related assets and assumed liabilities to Golden Gate Capital for $2.1-billion in cash.  The agreement is the culmination of a robust process to maximize…

s2Member®