Nashville, Tenn. — Southwest Value Partners and AEG, joint venture partners and co-developers of the Nashville Yards’ creative office, music venue and entertainment offerings, have reached an agreement with EVO Entertainment Group®, a leading operator of cinema-entertainment centers, to open a more than 48,000-square-foot experiential cinema and entertainment destination at Nashville Yards. Plans for EVO Entertainment Nashville Yards, slated to open in late 2024, include a 12-screen luxury dine-in cinema, eight lanes of bowling, a scratch kitchen and bar, private event spaces, and state-of-the-art gaming and attractions, gravity ropes and …
restaurants
Burleson, Texas — Pokemoto, Muscle Maker, Inc.’s expanding Hawaiian poke bowl restaurant concept, is opening a new Pokemoto Hawaiian poke eatery in Gallatin, Tenn., one of the fast-growing cities in the state. Located at 1025 Nashville Pike in Gallatin, this Pokemoto location offers dine-in, takeout and third-party online ordering. Gallatin is a suburb 30 miles north of Nashville, Tenn. Gallatin boasts high-paying jobs and low taxes, economic health, a thriving arts scene, and a vibrant retail environment making Gallatin a hub for family life. The new Pokemoto features the brand’s …
Golden, Colo. — Salad Collective, a Golden, Colo.-based operating company of better-for-you brands MAD Greens and Snappy Salads, has acquired Tokyo Joe’s, adding to its portfolio another Colorado-grown fast casual concept with strong regional consumer appeal. The acquisition of the Japanese-Asian fast casual brand that operates under the mantra, “Eat Good, Feel Good,” is a strategic purchase for Salad Collective. It creates another healthier-centric brand in Salad Collective’s portfolio within markets also served by MAD Greens. The synergies with both the proximity of the two leadership teams and the locations …
Modern Market Eatery Inks First Franchise Agreement; Will Open 41 Units in 11 New Markets
Denver — Modern Market Eatery, a made-from-scratch fast-casual concept, has signed a 41-unit development deal with its first franchise partner, Thrive Restaurant Group. The agreement will expand the brand to 11 new markets, including Wichita and Kansas City, Kan.; Austin, San Antonio and Waco, Texas; Des Moines, Iowa; Charlotte and Raleigh, N.C.; and northwest Arkansas. Based in Wichita, Kan., Thrive Restaurant Group is a generational, multi-brand restaurant enterprise with deeply rooted values centered on guest-centric hospitality and a passion for scratch-made food. Founded by Darrel and David Rolph and led by Jon Rolph since …
Seattle — MOD Super Fast Pizza Holdings, LLC, a fast-casual pizza pioneer, has promoted Becky Mulligan to the newly-created position of chief restaurant officer and Stephen Blum as its first chief development officer. The company also has made three executive-level hires, with a focus on enhancing MOD’s strength in franchising, culinary innovation and operational excellence as it continues to expand its store footprint of more than 520 locations system-wide. Mulligan’s elevation to chief restaurant officer comes as she celebrates a year with the company during which she has led the …
Dallas — TGI Fridays plans the development of 75 new restaurants throughout South and Southeast Asia over the next 10 years in partnership with Master Franchisor Universal Success Enterprises. The deal, which is expected to drive over $500 million in revenue for the U.S.-based company over 10 years, is the most significant development agreement to date for the brand. This latest development deal is core to TGI Fridays’ strategic global expansion strategy — as growth of the casual restaurant category internationally continues to thrive. The brand currently has 385 franchised …
Minneapolis — International Dairy Queen Inc. (IDQ) has hired Nicolas Boudet as chief operating officer, international. Boudet will lead the international business, including operations, franchise development, supply chain and marketing in more than 20 countries outside of the U.S. and Canada. He brings more than 20 years of business leadership experience at well-known, globally recognized hospitality and quick-service restaurant brands. Boudet most recently served as senior vice president global development and president of international at Wingstop Restaurants, Inc. Before joining Wingstop in 2018, he was executive vice president and group …
— By Michael Hess — 5 tips for successful waste management in the retail and restaurant industries. Owning a restaurant or retail location comes with a great deal of responsibility — including waste disposal. Regardless of business size or location, waste management is essential to day-to-day operations. In recent years, waste and diversion have become top concerns of business owners and retailers, especially when associated with revenue loss. According to a study conducted by the U.S. Environmental Protection Agency (EPA), restaurants produced 17.1 million tons of wasted …
Seattle — At Starbucks’ recent biennial Investor Day in Seattle, interim CEO Howard Schultz, CFO Rachel Ruggeri and other Starbucks leaders showcased the company’s Reinvention plan, which aims to invest in partners, customers and stores. The plan is expected to accelerate the company’s long term growth, progressively expand operating margin and drive high-teens non-GAAP EPS growth annually through fiscal 2025. “As we execute on our Reinvention plan, we are building on our 51-year history of market leading innovation to position our business and our brand for the next chapter of …
Anaheim Hills, Calif. — WaBa Grill is growing its footprint throughout Northern California with a new development deal that will bring 20 more restaurants from Fresno to Sacramento. The 20-store development deal was signed by longtime WaBa Grill franchisees Gurpreet and Navreet Boparai, who currently own and operate three WaBa Grill locations in Ventura County. The Boparais now will develop the brand in 16 California counties, some being first-time markets. “One of our primary development goals has always been the expansion of WaBa Grill throughout the West with strong and …