CHICAGO An experienced hand at selling private companies to the public has been named chief financial officer of Potbelly Sandwich Works, the 140-unit, privately-owned fast-casual chain based here. James Hirshorn assumes the CFO’s title...
PHILADELPHIA Aramark Corp., the foodservice contractor based here, appointed Frank Sica vice president of client solutions and strategy and named Carmen Torzon director of business development for the Western region of its sports and entertainment...
ARLINGTON, Va. Red, Hot & Blue Restaurants Inc., operator or franchisor here of 33 sit-down barbecue restaurants, has been acquired by Dancing Pigs LLC, a Windermere, Fla.-headquartered investment group formed by two industry veterans. Terms were...
LOUISVILLE Ky. Papa John’s International Inc. said this week its 2009 profit could fall as much as 21 percent from expected earnings this year as sales continue to slow and the chain closes more locations than it opens in the United States. ...
Betting on a vertically integrated business model and a streamlined store equipment package that showcases exhibition cooking, a newcomer to foodservice aims to make a former special-occasion food into a staple of shopping mall crowds. ...
IRVINE Calif. Taco Bell Corp. said it was informed Thursday by the Centers for Disease Control that the E. coli outbreak linked to at least 90 stores in New Jersey, New York, Pennsylvania and Delaware is officially over. The clean bill of...
SYRACUSE N.Y. Shares of Carrols Restaurant Group Inc., the largest franchisee in the Burger King system, rose 16.9 percent during their initial day of trading to close Friday at $15.20. Shares of Carrols Restaurant Group Inc., the largest...
CEDAR FALLS Iowa The E. coli outbreak involving Taco John’s units here and in Minnesota has been linked to lettuce, according to local press reports. The findings mark the second time in two days the leafy vegetable has been cited as the cause of...
TOLEDO Ohio Dave Black, a one-time president of Domino’s Pizza, has been hired by Marco’s Franchising LLC to serve as executive vice president of its 150-unit Marco’s Pizza chain. Black will be responsible for operations, training and other...
IRVINE Calif. Statistics indicate that packaged lettuce was the “most probable” cause of the E. coli outbreak that forced 90 Taco Bells in four northeastern states to close during the last two weeks, franchisor Taco Bell Corp. said Wednesday...
