Louisville, Ky., and Perth, Australia — Yum! Brands, Inc. and Dragontail Systems Limited, an innovative provider of technology solutions for the food industry, have entered into a binding agreement under which Yum! Brands would acquire Dragontail for A$93.5 million in cash. The proposed acquisition is expected to close by the end of third quarter 2021. If successfully implemented, the addition of Dragontail to Yum! Brands’ growing technology portfolio is intended to give Yum! Brands the ability to scale Dragontail’s artificial intelligence (AI) kitchen order management and delivery technology globally. Australia-based …
restaurants
Jericho, N.Y. — Nathan’s Famous, the American tradition serving New York favorites for more than 100 years, has added Arthur Treacher’s to the brand’s portfolio, now available as a ghost kitchen concept. Arthur Treacher’s, which was founded in 1969, offers hand-dipped fish, chicken and French fries. The menu, which has been revamped by Nathan’s Famous, will highlight the brand’s traditional menu items while also featuring upgraded proteins, more contemporary builds and includes a focus on shrimp. “We are thrilled to provide operators across the country with the opportunity to add …
Los Angeles — sweetgreen, the mission-driven restaurant brand serving healthy food at scale, introduces a new brand identity to reimagine fast food and speak to future generations about the importance of what they eat. The goal was to create a flexible, sustainable design system that both reflects the culture of local communities and works at scale. With this rebrand, sweetgreen aims to be a positive force on the food system by focusing on the following areas: Food: sweetgreen wants to show that fast food can be synonymous with real food. …
— Interview by Katie Lee — Burger King unveils a new visual design for a bold, modern future. When Burger King, one of the founding titans of the fast food hamburger industry since 1954, creates a completely new visual design, it definitely makes waves. The more modern look is the company’s first total rebrand in over 20 years. As part of the new look, BK® is rolling out a new logo (the current logo was launched in 1999), menu boards, crew uniforms, signage and décor, as well as social …
Chicago — Potbelly Corporation has appointed Larry Strain as its chief development officer (CDO) effective immediately. Potbelly is contracting with Restaurant Development Experts (RDE), LLC in connection with Strain’s engagement for this role and Bob Wright, president and CEO of Potbelly, will have oversight responsibility for him. Strain will oversee four key areas of shop development including Corporate Development Services, Franchise Sales & Development, Brokerage Services & Tenant Representation, and Strategic & Trade Area Level Market Planning. “The addition of Larry and his wealth of experience in real estate and …
Las Vegas — Celano Design Studio has two new restaurants opening this summer. Tapped by Resorts World Las Vegas, the city’s highly anticipated resort opening on June 24, Celano is the creative lead behind the design of two of the hotel’s exciting new concepts: ¡Viva!, a new Mexican restaurant from Chef Ray Garcia, as well as Here Kitty Kitty Vice Den, a hidden speakeasy located within Zouk Group’s Asian hawker-inspired food hall Famous Foods Street Eats. Together with local architect Marnell Companies, Celano has designed two unique spaces with lively …
Denver — Sage Restaurant Concepts, a Sage Hospitality Group company, has appointed Matt Stuhl as vice president of operations. In this role, Stuhl is responsible for the overall operations of a selection of the company’s more than 30 restaurants, bars and coffee shops across the U.S. “We could not be more thrilled to welcome Matt to the Sage family,” says Meaghan Goedde, chief operating officer of Sage Restaurant Concepts. “His incredible depth of knowledge and experience in complex food and beverage operations, ensuring that outlets deliver amazing experiences. Beyond his …
Jericho, N.Y. — On May 21, Wings of New York, the virtual restaurant concept created by Nathan’s Famous, opened its first physical restaurant, located inside Yankee Stadium. The Wings of New York location will offer a limited version of the menu, including Harlem-style Chicken and Waffles, as well as Nathan’s Famous extra-long hot dog. “We are very excited to bring Wings of New York to Yankees fans, giving them more options at the ballpark including wings, hand-dipped chicken tenders and Harlem-style malted waffles,” says James Walker, senior vice president, restaurants. …
Chicago — 86 Repairs, an innovative platform that automates equipment repair and maintenance for restaurants, has named Sean Ramsey as its new head of revenue. Previously, Ramsey served as vice president of revenue at document drafting lifecycle tech company Litera. During his tenure at Litera, Ramsey was involved in seeing the company grow from 50 employees to over 400. He helped lead the company through multiple major acquisitions and two separate successful private equity exits. The company increased its annual growth rate from 5% to 30%, as well as annual …
Panera Bread Unveils New Restaurant Design Catered to Changing Post-Pandemic Consumer Needs
St. Louis — Panera Bread has unveiled a new restaurant design featuring increased drive-thru and pickup access, technological offerings including contactless meal pickup and an updated dine-in experience in response to COVID-19. The company is the latest chain to announce a refreshed design adapted to the changing needs of consumers during the pandemic. The first next-generation Panera Bread is set to open in the St. Louis suburb of Ballwin this November and will include: an open kitchen with ovens in full view of restaurant guests; dual drive-thru and dedicated rapid …