Glendale, Calif. — Dine Brands Global, Inc., the parent company of Applebee’s Neighborhood Grill + Bar® and IHOP® restaurants, has agreed to acquire Fuzzy’s Taco Shop® from Experiential Brands LLC, a wholly owned subsidiary of NRD Holding Company, for $80 million in cash. Fuzzy’s is a fast-casual restaurant concept serving Mexican favorites with a Baja twist. Net of tax benefits, the purchase price is approximately $70 million. Founded in 2003 in Fort Worth, Texas, Fuzzy’s is a category innovator, offering a new twist on Mexican favorites at a value price …
applebee’s neighborhood grill & bar
Dine Brands International Continues Global Expansion with First IHOP® Deal in the Caribbean
Glendale, Calif. — Dine Brands International plans to open its first IHOP® in Nassau, The Bahamas, in late 2022 through an agreement with Bahamas Limited, which also calls for 16 IHOP restaurant openings in the Caribbean over the next few years. “We are excited to bring IHOP to the English-speaking Caribbean islands. We’ve seen success in Puerto Rico and believe guests in this new market are sure to fall in love with the brand’s world-famous pancakes and familiar comfort foods,” says William Urrego, regional vice president of franchise operations, Dine …
Glendale, Calif. — DineEquity Inc., the parent company of Applebee’s Neighborhood Grill & Bar® and IHOP® concepts, has rebranded itself as Dine Brands Global, Inc. The company also has a new 5-year growth plan, as well as new operational and financial goals.
Glendale, Calif. — DineEquity, Inc., the parent company of Applebee’s Neighborhood Grill & Bar® and IHOP® restaurants, has appointed Stephen P. Joyce as its new chief executive officer, effective September 12, 2017. He joins DineEquity from Choice Hotels, where he served as CEO.
Glendale, Calif. — DineEquity, Inc., the parent company of Applebee’s Neighborhood Grill & Bar® and IHOP®, has accepted the resignation of its chief financial officer, Thomas W. Emrey, effective March 15, 2017. Emrey is leaving to accept the CFO position at Munchkin, Inc., a leading global infant products lifestyle brand.
Honolulu and Glendale, Calif. — Applebee’s® Grill and Bar began with a single restaurant in suburban Atlanta in 1980. Today it has more than 2,000 locations in 49 states, two U.S. territories and 17 countries, but there has never been a location in Hawaii — until now.