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Shake Shack’s big growth goals and Papa Johns’ course correctionShake Shack’s big growth goals and Papa Johns’ course correction

Plus, Twin Peaks’ IPO plans

Sam Oches, Alicia Kelso

January 21, 2025

On this week’s Extra Serving, NRN editor in chief Sam Oches and executive editor Alicia Kelso discuss the biggest headlines coming out of the ICR Conference, which was held last week in Orlando. First they talk about Papa Johns, whose CEO, Todd Penegor, said the company would leverage local-store marketing, tech investments, and menu innovation to turn sales around.

Next up is Shake Shack, which is aiming to nearly quadruple its store count through smaller boxes and drive-thrus, according to CEO Rob Lynch.

Then they talk about Portillo’s, which energized shareholders by committing to more growth in its restaurant of the future.

Finally, in this week’s extra serving, senior editor Ron Ruggless joins to talk about Twin Peaks and its plan to file its IPO on January 30.  

For more on these stories:  

About the Authors

Sam Oches

Editor in Chief

Sam Oches is an award-winning Editorial Director with Informa Connect Foodservice and editor in chief of Nation's Restaurant News and Restaurant Hospitality. A graduate of the E.W. Scripps School of Journalism at Ohio University in Athens, Ohio, Sam previously served as Editorial Director of Food News Media, publisher of QSR and FSR magazines. He’s a past president of the International Foodservice Editorial Council (IFEC) and a past board member with the American Society of Business Publication Editors (ASBPE). His foodservice insights have been shared in national media outlets such as the New York Times, USA Today, National Public Radio, and CNBC. He lives in Columbus, Ohio, with his wife and three kids.

Alicia Kelso

Executive Editor, Nation's Restaurant News

Alicia Kelso is the executive editor of Nation's Restaurant News. She began covering the restaurant industry in 2010 for QSRweb.com, FastCasual.com and PizzaMarketplace.com. When her son was born, she left the industry to pursue a role in higher education, but swiftly returned after realizing how much she missed the space. In filling that void, Alicia added a contributor role at Restaurant Dive and a senior contributor role at Forbes.
Her work has appeared in publications around the world, including Forbes Asia, NPR, Bloomberg, The Seattle Times, Crain's Chicago, Good Morning America and Franchise Asia Magazine.
Alicia holds a degree in journalism from Bowling Green State University, where she competed on the women's swim team. In addition to cheering for the BGSU Falcons, Alicia is a rabid Michigan fan and will talk about college football with anyone willing to engage. She lives in Louisville, Kentucky, with her wife and son.

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