Value is a tricky thing to measure because it’s changing for everyone. But during the 2019 Restaurant Finance & Development Conference this week, Growth Partners Retail President Neil Culbertson laid out attributes that go into the value equation for consumers that goes well beyond price.
Today started with a bang for Kate Jaspon, the CFO of Dunkin’ Brands, as Dean Foods filed for Chapter 11 bankruptcy protection. Dean Foods supplies ice cream to Baskin Robbins (8,000 stores under the Dunkin’ umbrella) and dairy products to Dunkin’ (13,000 stores formerly known as Dunkin’ Donuts.)
As it actively pursues growth abroad, Mike Therrian, director of international development, said Little Caesars is looking to partner with operators of existing QSR or retail concepts, and views itself as a complementary brand and one with a sustainabl…
The future of fine dining is here and it features—wait for it—bugs, worms and ants, according to Daniel Del Olmo, founding partner of The Passionality Group, speaking at the Restaurant Finance & Development Conference today.
Brian Belski, chief investment banking strategist at BMO Capital Markets, strode onto stage and planted a large smooch on his fellow panelist’s cheek, David Rosenberg, chief economist at Gluskin Sheff. From there, the two economists with contrasting points of view were off on a lively discussion on opening day of the Restaurant Finance & Development Conference.
MOD Pizza’s founders are doubling down on their efforts to employ the underemployed at their 470-store pizza chain, most recently focusing on people with intellectual and developmental disabilities, said Ally and Scott Svenson on opening day of the Restaurant Finance & Development Conference.
Sarah Luna became president of Pure Barre in November 2018 after it was acquired by Xponential Fitness. She’s put franchisee support at the center of her growth plans with a goal of bringing stability to the brand.
Workout Anytime found some major efficiencies with a new digital ad program that slashed CPMs, or cost per mille, a measure of ROI in digital advertising.
In July 2018, Edible Arrangement’s founder deemed its first outside CEO, Mike Rotondo, “perfect for the role.” Now Rotondo’s out, Tariq Farid has reclaimed the chief executive’s job and he’s taking the brand known for fresh fruit bouquets down new paths, including hemp-farming and cannabis.
Chicken Salad Chick has a much larger majority investor, Brentwood Associates with its $2.4 billion fund buying out Eagle Merchant Partners, but CEO Scott Deviney believes it will be “business as usual, luckily” at the 137-plus Southeast-based restaurant chain.