Home-meal replacement is not dead, says Lane Cardwell, the new chief executive of Boston Market Corp., the Golden, Colo.-based chain that led the HMR wave of the ’90s only to stumble into bankruptcy at the end of the decade. McDonald’s Corp. bought the chain in 2000, but sold it seven years later to private-equity firm Sun Capital Partners. Sun Capital shuttered about 100 underperforming stores, and last month put Cardwell in charge of revitalizing the now 530-unit brand. Twenty of ...
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Contact: Desiree Torres Desiree.Torres@penton.com