This week on Nation's Restaurant News the top story was Restaurant brands launch Pride campaigns. Chipotle is bringing back its “Love What Makes You Real” campaign in support of the LGBTQIA+ community. The campaign includes several elements, such as its first-ever Pride uniform option for crew members.
In other news, Cava Group Inc., parent to the 263-unit Mediterranean fast-casual Cava brand, is seeking to raise as much as $274 million in an initial public offering, valuing the company at the top end at $2.1 billion.
In documents filed Monday, the Washington, D.C.-based company said it was offering 14.4 million shares at between $17 and $19 each. The company plans to list on the New York Stock exchange under the symbol “CAVA.”
Also, Cheyenne, Wyo.-based quick-service Mexican chain Taco John’s announced Tuesday that president and CEO Jim Creel will be retiring at the end of the year after more than two decades at the company.
Creel started his career at Taco John’s as director of technology in 2000 and moved up the ranks until 2017 when he was named president and CEO. Before that, Creel had a career in the management consulting business.
See what else was trending on NRN.com this week.
