Brands looking for partners to help manage fast-paced change.
restaurants
Hollywood, Calif. — Wahlburgers, the better burger restaurant brand founded by Chef Paul Wahlberg and celebrity brothers Mark and Donnie, will expand to Asia in 2017 through a joint venture with Cachet Hospitality Group (CHG). The first three restaurants are slated to open in Hangzhou, Wuhan and Shanghai, China. The objective is to open 100 restaurants in China and the surrounding region over the next 5 years.
Glendale, Calif. — DineEquity, Inc., one of the world’s largest full-service restaurant companies, has signed four new multi-unit development agreements in the Middle East, Asia Pacific and Latin America. These agreements will play an important role in the company’s plan to double international locations over the next 5 years.
Dallas — RAVE Restaurant Group’s board of directors has named former Smashburger CEO Scott Crane as its new chief executive officer, effective January 9, 2017. Crane succeeds Interim CEO Clinton J. Coleman, who will remain in his role as a member of the board, where he has served since 2007.
St. Louis — Knoebel Construction, Inc., a full-service general contractor specializing in retail development, restaurant, grocery and retail construction nationwide, has moved its headquarters from Fenton, Mo., to Chesterfield, Mo., in St. Louis County. The new location more than doubles Knoebel Construction’s space to 9,688 square feet.
Lexington, Ky. — Fazoli’s, America’s largest fast-casual Italian chain, has signed a lease agreement for the first restaurant in Sioux Falls, S.D., located at 4224 West Empire Place across from the Empire Shopping Gallery. The new restaurant, which will be owned and operated by SD Faz I, LLC, is slated to open summer 2017.