Jimmy John’s

Atlanta — Focus Brands®, parent company of Auntie Anne’s®, Carvel®, Cinnabon®, Jamba®, McAlister’s Deli®, Moe’s Southwest Grill® and Schlotzsky’s®, has appointed three senior leaders across two areas of the business. Effective immediately, the following executives will be leading these key business functions within the company: Chris Newman, Senior Vice President, Real Estate Jim Cannon, Senior Vice President, Design & Construction Julie Younglove-Webb, Chief Brand Officer, Auntie Anne’s “One of the most important investments a leader can make is in recruiting the best talent and assembling the right teams,” says Jim …

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Atlanta and Champaign, Ill. — Inspire Brands Inc., the parent company of Arby’s, has agreed to acquire Jimmy John’s Gourmet Sandwiches. Terms of the transaction, expected to close by the end of October, were not disclosed. The Jimmy John’s board of directors, including founder and chairman Jimmy John Liautaud, unanimously approved the agreement. Jimmy John’s had $2.15 billion in U.S. sales last year across 2,803 stores, a roughly 50% increase in both sales and locations since 2013, according to The Wall Street Journal. Jimmy John’s, based in Champaign, Ill., opened …

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