Food & Beverage News
All Units Shuttered in Washington, D.C., Chicago
The 19-unit Taylor Gourmet hoagie chain filed Chapter 7 bankruptcy proceedings on Thursday after closing all of its locations in the Washington, D.C. area and Chicago earlier in the week. According to court documents, the liquidation leaves 50 to 99 creditors, but no funds would be available to unsecured creditors after administration expenses were paid.…
Read MoreF.D.A. Gives Guidance on Preventing Food Supply Attacks
The Food and Drug Administration on June 19 began issuing draft guidance designed to help industry comply with the Intentional Adulteration (I.A.) Rule under the agency’s Food Safety Modernization Act. The I.A. Rule addresses hazards that intentionally may be introduced to foods, including by acts of terrorism, with the intent to cause widespread harm to…
Read MoreShake Shack Names John Karangis Executive Chef
Shake Shack has appointed John Karangis to the newly created position of executive chef and vice president of culinary innovation, effective Oct. 29. Previously, Karangis spent seven years as executive chef for New York City-based Union Square Events, the catering and events arm of Union Square Hospitality Group, a sister company of Shake Shack. Before…
Read MoreReal Mex Restaurants Buyer Names New CEO, CFO
FM Restaurants HoldCo, LLC, an affiliate of Z Capital Group, LLC, a leading alternative asset manager of opportunistic, value-oriented private equity and credit funds, announced the appointments of Randy Sharpe as Chief Executive Officer and Ned Algeo as Chief Financial Officer. With nearly two decades of regional and national management experience at a variety of…
Read MoreYum! Brands Promotes Chawla to President of Pizza Hut International
Vipul Chawla has been promoted to president of Pizza Hut International, effective Dec. 3. He will succeed Milind Pant, who will step down at the end of November to pursue opportunities outside of the company. Mr. Chawla has been with Pizza Hut for seven years, most recently as managing director of Pizza Hut Asia-Pacific. Earlier,…
Read MoreGlobal Foodservice and Equipment Newsletter – October 1, 2018 Edition
To Our Loyal Readers: It is now officially Fall and the leaves are changing; however, my CUBS are in the playoffs as a Wild Card team. In the playoffs as in business, strategy is the key to success. I would like to share with you an “old” new tool that many Fortune 500 firms have…
Read MoreJosh Zadikoff Named President of Cornerstone Restaurant Group
David Zadikoff, founder and CEO of Cornerstone Restaurant Group, announced Wednesday that Josh Zadikoff will take on the role of president at the hospitality company, which oversees Chef Bill Kim’s bellyQ and urbanbelly restaurants in Chicago as well as iconic Michael Jordan-brand restaurants throughout the country, among others. The announcement comes as Josh Zadikoff leads…
Read MoreKFC Names Yum Brands Veteran Tony Lowings CEO
Roger Eaton, CEO of the KFC Division of Yum Brands Inc., will retire at the end of the year and will be replaced Jan. 1 by president and COO Tony Lowings, the company said Friday. Lowings, left, a 24-year veteran of Yum Brands, has vast experience running international growth for the Louisville-based company, which is also parent…
Read MoreBoston Market Names Chief Operating Officer
Boston Market has named Eric Wyatt its chief operating officer, the Golden, Colo.-based company said. Most recently he was vice president of operations for a large Panera Bread franchisee where he oversaw day-to-day operations including retail, marketing, recruiting, human resources, catering facilities and bakery. He also has held senior operations roles at Starbucks, Taco Bell,…
Read MoreLa Boulangerie Acquires Loving Cup
The owners of Garbanzo Mediterranean Fresh and La Boulangerie have added to their portfolio of niche brands with the acquisition Wednesday of Loving Cup, a popular six-unit dessert shop in San Francisco. Terms of the deal were not disclosed. “We bought Loving Cup because it fit nicely into our strategy of curating intimate, local brands…
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