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News
9 Restaurant Chains That Went Bankrupt and Came Back Anyway
9+ hour, 56+ min ago (451+ words) A bankruptcy filing can make a restaurant chain look finished before the story is actually over. Chapter 11 often gives a business room to reorganize while it keeps operating, though liquidation is also possible. These nine chains show how a familiar…...
Emma Simpson-Scott Named CEO of Space NK After Andy Lightfoot Steps Down
1+ day, 13+ hour ago (556+ words) Space NK said its longtime CEO Andy Lightfoot was stepping down, and the company's chief marketing officer, Emma Simpson-Scott, would take over the top role. Updated 1:53 p.m. ET on Sept. 11 LONDON — Andy Lightfoot, the longtime chief executive officer of British beauty…...
The Entertainer hires former Holland & Barrett marketing boss Phil Geary
12+ hour, 37+ min ago (34+ words) Campaign UK Toy retailer The Entertainer has appointed Phil Geary, the former Holland & Barrett marketing chief, to the newly created post of marketing director....
Co-Branded Stores Advance WOWorks’ Franchise Development Push
1+ day, 6+ hour ago (375+ words) As more health-centric, quick-service concepts enter the fold, WOWorks CEO Kelly Roddy understands how crucial it is to win the store traffic and real estate battles....
Authentic Restaurant Brands Gets $325M From Trimontium
11+ hour ago (237+ words) Macedo brings deep quick-service pedigree to the strategy. He previously served as lead operating partner at Garnett Station Partners and held senior roles as global president of Tim Hortons and president of Burger King North America, where he led the…...
Tijuana Flats Begins Next Chapter with Ambitious Franchise Push
1+ day, 17+ hour ago (479+ words) Tijuana Flats is back in the franchising game. The brand relaunched its franchising program this spring following a turbulent stretch marked by bankruptcy, restaurant closures, and a change in ownership. Now, the 30-year-old chain is emerging from that reset period…...
Connecticut consumers will soon be warned about real-time price changes before purchase
18+ hour, 28+ min ago (477+ words) If getting a popup at checkout that a price was going up based on your personal profile, would you hit the "complete purchase" button? Under a new Connecticut law, those notices will be coming to checkout screens for any retailers…...
Mike Aiello, Weil Corporate Chair, Plans Exit for Cravath
2+ day, 2+ hour ago (14+ words) Cravath confirmed his move on Friday, along with five other Weil M&A partners....
Munchkin Appoints Kunal K. Thakkar as Chief Supply Chain Officer
2+ day, 15+ hour ago (369+ words) Munchkin Inc. (“Munchkin” or “the Company”), the beloved baby lifestyle brand owned by WHY Brands Inc., and an industry leader in the design and development of innovative infant and toddler products, announced that Kunal K. Thakkar joined the Company as…...
Kroger’s comps slide to near zero as cyclospora outbreak eats into produce sales
2+ day, 2+ hour ago (456+ words) Multiple factors, including reduced spending on fresh food stemming from the public health crisis, hurt the grocer’s Q2 sales growth, executives said. Kroger’s sales growth was moving in the right direction until late in the quarter, when shoppers reacted to the…...