Articles Tagged with ''restaurant industry''

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PWD Acquisition acquires Pei Wei from Centerbridge Partners

PWD Acquisition LLC is owned and managed by Lorne Goldberg, who also owns and operates other quick-service Asian restaurant concepts.
June 13, 2019
PWD Acquisition LLC acquired the parent company of Pei Wei Asian Diner, LLC, Irvine, Texas, from its previous parent company, Centerbridge Partners, L.P., New York.
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Jack in the Box to sell Qdoba restaurants

Qdoba operates and franchises more than 700 QDOBA MEXICAN EATS restaurants.
December 19, 2017
Jack in the Box Inc., San Diego, Calif., entered into a definitive agreement to sell Qdoba Restaurant Corp., a Lakewood, Colo.-based wholly owned subsidiary of Jack in the Box, to Apollo Global Management, New York.
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MTY Food Group, Imvescor Restaurant Group to create leading North American restaurant franchisor

The partnership will create a multi-brand industry leader with a portfolio of over 5,700 stores under 75 brands.
December 12, 2017
MTY Food Group Inc., Canada, and Imvescor Restaurant Group Inc., also based in Canada, entered into a definitive combination agreement under which a wholly owned subsidiary of MTY will acquire all outstanding Imvescor common shares to create a multi-brand industry leader.
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Arby’s acquires Buffalo Wild Wings

Following the close of the transaction, Buffalo Wild Wings will be a privately-held subsidiary of Arby’s.
November 28, 2017
Arby’s Restaurant Group, Inc., Atlanta, acquired Buffalo Wild Wings, Inc., Minneapolis, for approximately $2.9 billion.
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Study: Data will take over restaurant industry in 2018

Findings, which range from menu trends to operational predictions, reflect the restaurant industry's continued dedication to finding new approaches to the ever-evolving circumstances.
November 3, 2017
While many shifts in the restaurant industry are slow to take hold, the use and availability of data is one trend that's quickly emerging, according to the 2018 Restaurant Trends Forecast, produced by Restaurant Business magazine, Chicago, and Technomic, Chicago.
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Dart Container innovation center

Dart Container to open $40M technical, innovation center

In the past five years, Dart Container has invested more than $60 million in the Mason campus and created over 500 new jobs.
August 11, 2017
Dart Container Corp., Mason, Mich., announced plans to invest $40 million in a new technical and innovation center that will enable the company to increase its ability to develop new and improved products.
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Technomic study: Consumers blame restaurants for third-party delivery service mistakes

• Third-party services are generating additional business for casual dining restaurants and other concepts that do not offer delivery.
August 23, 2016
A majority of consumers (76%) hold the restaurant at least partially responsible for any errors, even if restaurants have a formal agreement with third-party ordering portals and delivery services, according to a study conducted by Chicago-based Technomic.
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State of the Foodservice Supply Chain

April 28, 2015
Due to rapidly shifting consumer expectations, as well as increasing food costs, supply and demand volatility, the supply chain is growing in strategic value for all restaurant chains, according to the “State of the Foodservice Supply Chain 2014.”
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