Thursday, April 18, 2024
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franchise developmentNewsrestaurants

Potbelly Continues Growth in Florida with 16 New Units in Development

by Katie Lee

Chicago — Potbelly Corporation, the iconic neighborhood sandwich shop, has finalized a 16-unit shop development agreement in two Florida markets. This agreement includes 14 shops in Broward County and two shops in Gainesville. “We are enthused to begin a partnership with Rami Boaziz and Stellar Hospitality, which we believe will be great stewards of the brand,” says Bob Wright, president and chief executive officer. “We look forward to expanding the Potbelly brand in the Florida market with a Shop Development Area Agreement (SDAA) for 16 new shops, following our previous …

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construction and designfranchise developmentNewsrestaurants

Potbelly to Expand in NYC with Development Agreement and First Refranchise Deal

by Katie Lee

Chicago — Potbelly Corporation, the iconic neighborhood sandwich shop, has finalized a multi-unit development agreement along with its first refranchising deal in New York City. This agreement includes multi-unit development for 13 new shops over the next 8 years, and the refranchise of eight shops, the ownership of which has been fully transferred. “I am excited to announce Potbelly’s expansion in New York City, one of the premier markets in the U.S., and that this expansion includes our first refranchise transaction,” says Bob Wright, president and chief executive officer. “This …

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Newspeoplerestaurants

Potbelly Corporation Appoints New Chief Marketing Officer

by Katie Lee

Chicago — Potbelly Corporation, the iconic neighborhood sandwich shop, has appointed David Daniels as its chief marketing officer (CMO) effective August 23, 2021. In this senior leadership role, he will report to Bob Wright, president and chief executive officer of Potbelly. Daniels will lead the branding, marketing and digital teams. “We are very excited to welcome David to the Potbelly family,” Wright says. “He brings significant executive experience and success leading some of the world’s best-selling brands, delivering top- and bottom-line growth. We will immediately benefit from his broad experience …

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Newspeoplerestaurants

Potbelly Names New Chief Development Officer

by Katie Lee

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 …

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Wendy’s To Open First Restaurant in Brazil

by Katie Lee

Dublin, Ohio — The Wendy’s Company plans to enter Brazil this month, with plans for significant restaurant expansion over time. This growth will be driven through Wendy’s Brazil, a joint venture formed in 2015 between affiliates of Infinity Services and Starboard, one of Wendy’s® largest U.S. franchisees, and a subsidiary of The Wendy’s Company. Wendy’s Brazil plans to hold the grand opening in mid-July for two restaurants in São Paulo.

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