{"id":12293,"date":"2019-05-29T10:57:54","date_gmt":"2019-05-29T14:57:54","guid":{"rendered":"http:\/\/newsroom.chainstoreguide.com\/?p=12293"},"modified":"2019-05-29T10:57:54","modified_gmt":"2019-05-29T14:57:54","slug":"datatrac-restaurant-foodservice-may-2019","status":"publish","type":"post","link":"https:\/\/www.chainstoreguide.com\/offthechain\/2019\/05\/datatrac-restaurant-foodservice-may-2019\/","title":{"rendered":"DATATRAC: Restaurant & Foodservice \u2013 May 2019"},"content":{"rendered":"

Personnel Updates<\/strong><\/h4>\n

\u2022\u00a0Dave & Buster’s Inc<\/strong>. (27)<\/strong> has named Scott Bowman as CFO, succeeding Interim CFO Joe DeProspero.<\/p>\n

\u2022\u00a0FOCUS Brands Inc<\/strong>. (31)<\/strong> has named Dan Gertsacov to the newly created role of Chief Marketing Officer.<\/p>\n

\u2022\u00a0The Greene Turtle Franchising Corporation (4)<\/strong> has named Geovannie Concepcion as President and CEO to succeed Bob Barry, who is stepping down from the role.<\/p>\n

\u2022\u00a0KFC Corporation (45)<\/strong> has promoted Monica Rothgery to the role of COO. She takes over the position immediately, replacing the recently retired Phil Klezmer.<\/p>\n

\u2022\u00a0Kona Grill Inc<\/strong>. (11)<\/strong> named its sixth CEO in nine months, saying Jonathan Tibus will take the title.<\/p>\n

\u2022\u00a0The Madera Group (5)<\/strong> announced it has promoted CFO Mikey Tanha to the role of President. The company also named Matt Smith as Chief Marketing Officer.<\/p>\n

\u2022\u00a0Marco\u2019s Franchising LLC<\/strong> (33)<\/strong> announced it has named Jeffrey Rager as its new CFO.<\/p>\n

\u2022\u00a0Momofuku Restaurants (3)<\/strong> has named Marguerite Zabar Mariscal its first-ever CEO.<\/p>\n

\u2022\u00a0MOOYAH Franchise LLC (9)<\/strong> has named Tony Darden as President and COO.<\/p>\n

\u2022\u00a0Muscle Maker Inc<\/strong>. (8)<\/strong> has promoted Aimee Infante to Chief Marketing Officer.<\/p>\n

\u2022\u00a0National Restaurant Association<\/strong> (34) <\/strong>announced its CEO and President Dawn Sweeney will step down at the end of 2019.<\/p>\n

\u2022\u00a0Panera Bread Company (59)<\/strong> has named Niren Chaudhary as the company\u2019s new President and CEO, replacing Blaine Hurst who is retiring.<\/p>\n

\u2022\u00a0Papa Gino\u2019s Holdings Corp<\/strong>. (19)<\/strong> announced Tom Sterrett as its new President. Deena McKinley was hired as Chief Marketing Officer.<\/p>\n

\u2022\u00a0REGO Restaurant Group (14)<\/strong> has named Mike Gieseman its Director of Culinary Innovation.<\/p>\n

\u2022\u00a0Wahlburgers (12)<\/strong> has named Patrick Renna to the new position of President.<\/p>\n

 <\/p>\n

Financial Focus<\/strong><\/h4>\n

\u2022\u00a0Chipotle Mexican Grill Inc<\/strong>. reported digital sales, which include delivery, increased 100.7% and accounted for 15.7% of the company\u2019s sales for the first quarter ended March 31.<\/p>\n

\u2022 Kona Grill Inc<\/strong>. filed for Chapter 11 bankruptcy protection after closing several more locations.<\/p>\n

\u00a0<\/strong><\/p>\n

Industry Insight<\/strong><\/h4>\n

\u2022\u00a0Famous Dave\u2019s of America Inc<\/strong>. announced a franchisee in Tucson, AZ has opened a fast casual Famous Dave\u2019s, the first of its kind for the brand. The 2,500 sq. ft. restaurant is about 4,000 sq. ft. smaller than a standard Famous Dave\u2019s.<\/p>\n

 <\/p>\n

Mergers & Acquisitions<\/strong><\/h4>\n

\u2022\u00a0Carrols Restaurant Group Inc<\/strong>. has completed its previously announced acquisition of 165 Burger King and 55 Popeyes Louisiana Kitchen restaurants from Cambridge Franchise Holdings LLC<\/strong>.<\/p>\n

\u2022\u00a0GPS Hospitality<\/strong>, LLC<\/strong> has acquired 75 Pizza Hut restaurants in four states. The acquisitions were made in two separate undisclosed deals.<\/p>\n

\u00a0<\/strong><\/p>\n

Real Estate<\/strong><\/h4>\n

\u2022\u00a0Aurify Brands LLC<\/strong> has signed a multi-unit franchise development agreement to grow its Melt Shop concept in Florida. In partnership with CFL EATZ LLC, Melt Shop will open six restaurants.<\/p>\n

\u2022\u00a0California Fish Grill<\/strong> has opened its first location outside of California. The 3,183 sq. ft. restaurant opened at the Mesa Grand center in Mesa, AZ.<\/p>\n

\u2022\u00a0Eataly North America<\/strong> announced it will open a new location in Dallas, TX in 2020.<\/p>\n

\u2022\u00a0Potbelly Corporation<\/strong> announced plans to close 15 to 22 restaurants, including 9 to 12 company stores.<\/p>\n

\u2022\u00a0Restaurant Brands International<\/strong> announced it plans to increase its store count from about 26,000 restaurants to more than 40,000 restaurants globally over the next 8 to 10 years.<\/p>\n

\u2022\u00a0Tropical Smoothie Franchise Development Corp<\/strong>. opened its 750th location on May 17, in Sugar Land, TX. The company plans to open 130 new locations in 2019.<\/p>\n

\u00a0<\/strong><\/p>\n

Technology<\/strong><\/h4>\n

\u2022\u00a0Domino’s Pizza Inc<\/strong>. is piloting GPS driver tracking, beginning in 27 corporate-owned stores throughout Phoenix, AZ. The pilot will be extended to select stores in three franchise markets later in the spring, including Lansing, MI; Roanoke, VA; and Seattle, WA.<\/p>\n

 <\/p>\n

Just because we don\u2019t mention it here doesn\u2019t mean it didn\u2019t happen \u2013 or we didn\u2019t capture it. In the past four weeks, we\u2019ve updated more than 672 companies in the Restaurant Franchisee Premier Database, <\/strong>with many of those companies\u2019 records updated at multiple points.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Personnel Updates \u2022\u00a0Dave & Buster’s Inc. (27) has named Scott Bowman as CFO, succeeding Interim CFO Joe DeProspero. \u2022\u00a0FOCUS Brands Inc. (31) has named Dan Gertsacov to the newly created role of Chief Marketing Officer. \u2022\u00a0The Greene Turtle Franchising Corporation (4) has named Geovannie Concepcion as President and CEO to succeed Bob Barry, who is… Continue reading DATATRAC: Restaurant & Foodservice \u2013 May 2019<\/span><\/a><\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"post-template-no-sidebar.php","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[13],"tags":[11],"class_list":["post-12293","post","type-post","status-publish","format-standard","hentry","category-restaurant-foodservice","tag-eupdate","entry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/12293","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/comments?post=12293"}],"version-history":[{"count":0,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/12293\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/media?parent=12293"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/categories?post=12293"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/tags?post=12293"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}