New Hartford, N.Y. — Savneet Singh, a member of PAR Technology Corporation’s board of directors since April 2018, has been appointed interim chief executive officer (CEO) and president of the company, effective December 4, 2018.
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Houston — Mattress Firm, Inc., the nation’s leading specialty mattress retailer, has successfully completed its financial restructuring and emerged from Chapter 11. The company has closed more than 600 stores over the past couple of months and now moves forward with an optimized store footprint of approximately 2,600 stores.
San Francisco — RB American Group LLC, a wholly-owned subsidiary of Flynn Restaurant Group LP, has acquired 368 Arby’s® restaurants throughout the U.S. from United States Beef Corporation (US Beef). Flynn Restaurant Group’s portfolio includes Applebee’s®, Panera Bread® and Taco Bell®. RB American Group will be Flynn Restaurant Group’s fourth prominent restaurant brand.
Conshohocken, Pa. — IKEA U.S. is opening its first city center store in the U.S., marking the company’s ongoing transformation and commitment to bringing IKEA into the heart of urban areas. The ‘IKEA Planning Studio’ is scheduled to open in Manhattan in spring 2019.
Chicago — Cushman & Wakefield has entered a definitive agreement to acquire Quality Solutions, Inc. (QSI), one of the nation’s top facilities management firms specializing in on-demand facility maintenance and project management services through a national network of facilities contractors.
San Diego — San Diego’s fastest-growing, non-franchised breakfast eatery, Breakfast Republic, has grown exponentially since the opening of its first location in 2015, now boasting seven locations around San Diego, and more slated to arrive in the coming year in both San Diego and Orange County.
Toledo, Ohio — OptimalLED Inc. is growing as it adds new lighting representatives and lighting manufacturers to its already impressive lineup. Founded in 2008, the Toledo, Ohio-based lighting company has grown steadily over the years to become one of the leading providers of energy-efficient LED lighting to the Midwest region.