San Diego — Jack in the Box Inc., one of the nation’s leading QSR chains, has signed 14 new restaurant commitments that will bring Jack in the Box to two new states, Florida and Arkansas. This is the first time the brand has entered the Arkansas market, and over 30 years since it was last in Florida. “We’re excited to see the brand’s continued expansion into new cities and states across the country, as both of these groups bring tremendous experience to the Jack in the Box franchise system and …
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Denver — REGO Restaurant Group has hired quick-service industry veteran Vanessa Fox as chief development officer, a new role in which Fox will utilize her extensive industry expertise to support the continued transformation of the Quiznos and Taco Del Mar brands. On the heels of several recent Quiznos development deals to expand across the U.S., Fox brings to the company more than 20 years of experience as an ROI-driven leader with vast knowledge in strategic planning, market growth, portfolio management and business development. In this new role, Fox will aim …
San Diego — Jack in the Box Inc. has introduced its new off-premise-only restaurant prototype with the opening of a new location in Tulsa, Okla. The new prototype was designed to meet the continued increasing demand for drive-thru service and digital ordering. At only 1,350 square feet, the restaurant features a double y-lane drive-thru, a walk-up window for ordering, dual assembly kitchens and a dedicated pickup window for mobile and third-party delivery orders. The goal of the new prototype is to reduce buildout costs by around 20%, while also increasing …
San Diego — As part of its aggressive franchise growth strategy, Jack in the Box Inc. is sharing an incentive program with multi-unit franchisees that offers significant financial benefits to those who enter into a minimum 3-unit development agreement. “We have a clear vision for growth, and offering this industry-leading incentive to new and existing franchisees moves Jack in the Box to the top of the list for QSR opportunities,” says Tim Linderman, chief development officer of Jack in the Box. “The more we’re able to support our multi-unit operators, …
San Diego — Jack in the Box Inc. has promoted Del Taco’s chief operating officer, Chad Gretzema, to Del Taco brand president. He replaces John Cappasola, who has stepped down from his role as Del Taco president & chief executive officer. “Chad has been an instrumental part of the executive team at Del Taco that has compiled an impressive 8 consecutive years of positive franchise same-store sales,” says Darin Harris, CEO of Jack in the Box. “He has been a champion for Del Taco operators, franchisees and guests as the …
San Diego — Jack in the Box Inc. has completed its previously announced acquisition of Del Taco Restaurants, Inc. for approximately $585 million. With the close of the acquisition, Jack in the Box and Del Taco are now positioned as stronger QSR players with greater scale and the ability to enhance the guest experience while pursuing profitable growth. “Today marks an important milestone in our company’s history as we officially welcome Del Taco to the Jack in the Box family,” says Darin Harris, CEO of Jack in the Box. “We …
San Diego and Lake Forest, Calif. — Jack in the Box Inc. and Del Taco Restaurants have entered into a merger agreement valued at approximately $575 million, inclusive of existing debt. Under the terms of the agreement, Jack in the Box will acquire Del Taco for $12.51 per share in cash. The deal, which is expected to close in the first quarter of 2022, would yield a company with more than 2,800 restaurants across 25 states. In addition, the new entity plans to grow its store count by 4% annually …
San Diego — Jack in the Box Inc., one of the nation’s leading QSR chains, has awarded seven development agreements in the fourth quarter of fiscal year 2021 to open 47 new restaurants. In total, Jack in the Box has awarded 23 development agreements in fiscal year 2021 to build 111 stores over the course of the next several years. The agreements will help the brand grow in existing markets including Los Angeles, Dallas and Houston, as well as new ones such as Salt Lake City and Louisville, Ky., indicating …
San Diego — Jack in the Box, Inc. has named Doug Cook as senior vice president and chief technology officer after an interim stint in the same position. Cook brings more than 20 years of industry experience to Jack in the Box. Before joining Jack in the Box, he was with Pizza Hut and Sonic. Cook most recently served as interim chief technology officer of Jack in the Box, effectively leading the technology team and strategy during his interim period. Prior to that, Cook served as chief information officer at …
San Diego, Calif. — Jack in the Box Inc. has awarded 16 franchise development agreements year-to-date through the end of third quarter of fiscal year 2021 to build 64 new locations in Arizona, California, Idaho, Texas and Utah. The announcement follows the relaunch of Jack in the Box’s franchise development program earlier this year. “Relaunching the franchise opportunity has been exciting and was one of our main priorities going into 2021. Over the last year and a half, we’ve proven to be pandemic-resistant and we’re eager to grow with our …