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Restaurant Chain CEOs Are Quitting or Getting Fired…

Aaron Allen & Associates

We took a look at a sample of companies with new members in their leadership teams, and found that more than half of the replacements were for the CEO. IPO market has slowed down in the last couple of years: 2022 and 2023 saw the lowest numbers for companies going public in the last decade.

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New & Notable: TEAM Schostak Celebrates 40, AI in Food Service and Beachy Tech

Modern Restaurant Management

Under Barb’s leadership, TSFR’s Del Taco restaurants consistently broke system wide sales records and TSFR was named franchisee of the year two years in a row. These changes go into effect in October for the launch of the 2022 call for entry period. Barb also served on the Operations Advisory Committee for Del Taco.

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How the James Beard Foundation Failed the Most Prestigious Restaurant Awards in the Country

EATER

Then, in late August, the James Beard Foundation abruptly announced that it was effectively canceling its Restaurant and Chef Awards, widely considered the most prestigious accolades in the American restaurant industry, not just this year, but until 2022. Perhaps they should. I don’t believe that correcting course requires canceling the past.

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MRM Franchise Feed: Randy’s Donuts Plans Rise and Burger King Makes Sustainable Commitment

Modern Restaurant Management

Despite the lagging global pandemic, the organic fast-casual brand is surging forward with record-breaking sales, franchise development growth, and new guest acquisition and satisfaction. The first of the three new restaurants is slated to open in Jacksonville in spring of 2022.

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Virtual Acceleration, Raising the Bar and Insult Monitor

Modern Restaurant Management

The majority of fast-casual and fine dining operators are meeting this challenge head-on by adding new offerings monthly,* driving increased competition with bar-and-grill operators. GFCO companies will have until 2022 to completely adopt the new mark on packaging.

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