Louisville, Ky. — Papa John’s International, Inc. has appointed Chris Collins, senior vice president of corporate finance and principal accounting officer, to the additional position of interim chief financial officer, effective immediately. Collins succeeds Ravi Thanawala, who is leaving Papa Johns to assume a chief financial officer position at another public company. Thanawala will be available to Papa Johns in an advisory capacity until July 31, 2026, to support a smooth transition. Papa Johns has commenced a search for a permanent CFO. Collins is a seasoned finance professional with more …
restaurants
Dallas — Smoothie King has steadily increased its presence throughout the Northeast and Midwest by 85% over the last 5 years, with northern markets now accounting for approximately 358 Smoothie King locations — up from 193 in 2020. As part of the brand’s continued northern expansion, Smoothie King is opening its first-ever location in Penfield, N.Y., as part of a three-unit deal for the Western New York area. The new location will open on July 18. In the last 5 years, New York has emerged as a key growth market, …
Denver — Einstein Bros. Bagels, America’s largest retail bagel chain, plans to open more than 300 new bakeries across the United States by 2030, powered by a brand-new store prototype. The brand’s “Elevate the Morning” store design prioritizes freshness, speed and a warm, welcoming atmosphere, in a format engineered to scale quickly without compromising the quality guests expect from Einstein Bros. The new design blends premium finishes, warm neighborhood character and thoughtful layouts that make every visit easy and enjoyable, with the fresh-baked bagel case placed front and center. “We’ve …
Ankeny, Iowa — Casey’s General Stores, Inc., a leading convenience store chain in the United States, has unveiled its new 3-year strategic plan. Since introducing its last strategic plan in 2023, the company has exceeded its strategic and financial targets, adding more than 500 stores and joining the S&P 500. Now it plans to add 400 additional stores, accelerate its F&B offerings and enhance operational efficiency. “Our success over the last 3 years reinforces what makes Casey’s unique: a differentiated model that brings together restaurant-quality food, best-in-class convenience and fuel …
Toronto — Playa Bowls, the United States’ leading superfruit bowl shop with more than 400 locations across the United States, has opened its first international shop at The Well in downtown Toronto. The 1,700-square-foot flagship shop officially marks the brand’s entry into the Canadian market. The landmark opening represents a significant next chapter for the New Jersey-born franchise as it accelerates its growth beyond the U.S. through a master franchise agreement with Eat Up Canada Inc., the restaurant development group leading Playa Bowls’ expansion across Canada. “Opening our first international …
Ann Arbor, Mich. — Russell Weiner, chief executive officer of Domino’s Pizza Inc., intends to retire following a distinguished career. The Domino’s board of directors has appointed Joe Jordan, currently chief operating officer and president – Domino’s U.S., as CEO, effective Oct. 1, 2026. Jordan will also join the board at that time. Weiner will transition from CEO to executive chairman designate on Oct. 1, 2026, and become executive chairman following the company’s 2027 annual shareholder meeting. David Brandon, executive chairman, will retire and not stand for reelection to the …
Portland, Ore. — Gong cha, the world’s leading bubble tea brand with nearly 2,200 locations across 33 international markets, is opening in Maine for the first time. The brand will officially open its first location in the state on June 27 in South Portland. “One of the most exciting aspects of our growth over the past several years has been seeing Gong cha resonate in an increasingly diverse range of markets,” says Geoff Henry, president of Gong cha Americas. “What was once concentrated in a handful of major cities has …
Houston — Shipley Donuts has signed a three-unit franchise agreement in Cincinnati, marking its entry into Ohio. The deal is with Houston-based Koelache Co. LLC, which plans to open its first Shipley location in first quarter 2027, with the other two units expected to open through 2029. Founded in Texas in 1936 and expanding rapidly into new markets, Shipley Donuts is known for its signature hot glazed donuts plus dozens of varieties of fresh, handmade donuts including filled, iced and cake donuts. Shipley is also famous for its kolaches, which …
Los Angeles — FBG Bid Co. has completed the acquisition of substantially all assets of certain subsidiaries of FAT Brands Inc. for approximately $595 million. The transaction included 13 restaurant brands spanning more than 1,700 locations worldwide: Round Table Pizza®, Fatburger, Marble Slab Creamery, Johnny Rockets, Fazoli’s, Great American Cookies, Buffalo’s Cafe & Express, Hurricane Grill & Wings, Pretzelmaker, Native Grill & Wings, and Ponderosa and Bonanza Steakhouses, in addition to the Georgia-based manufacturing facility that supports Great American Cookies and Pretzelmaker. The transaction was approved by the United States …
The Energy Intelligence Model
— By Matt Browning — How QSR chains are moving beyond reactive maintenance. For a quick-service restaurant operator managing hundreds of locations, equipment failure is never just a maintenance problem — it’s a guest experience problem, a food safety problem and a bottom-line problem…all at once. A malfunctioning HVAC unit on a hot summer afternoon sends customers out the door. A refrigeration anomaly discovered too late means spoiled inventory and potential health code violations. An emergency repair call on a holiday weekend carries a price tag that can erase a …