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Log In / Register | Aug 16, 2018

Fast Casual Pizza Operator Leaders and Laggards

Bret Thorn of Nation's Restaurant News reports on the fast casual pizza segment, which correctly lays out that Mod Pizza and Blaze are leaders in that segment. Mod grows mainly with company owned units and some franchisees, while Blaze does the opposite.

Amidst Bad News, Noodles & Company CEO Steps Down

Noodles & Company growth in company-owned same-restaurant sales by year
Source: NDLS annual report

BROOMFIELD, Colo.—Fast-casual chain Noodles & Company [NASDAQ:NDLS] announced Monday that its chief executive officer and chairman, Kevin Reddy, has stepped down. Noodles' board of directors has appointed Robert Hartnett to replace Reddy as chairman.

How Fast Casual Has Outpaced Casual Dining

Gerry O’Brion tells his audience of fast casual executives how the fast casual segment is beating out the casual dining segment, boiling down successful strategy to 10 words:

COSI Chain Shrinks in Q2, Franchise Sales Slide

Cosi ChicagoBOSTON – Cosi Inc. (NASDAQ:COSI) reported same-restaurant sales for its 32 fast-casual franchises was down 5.5 percent in the second quarter of 2015. However, its company-owned stores rose 2.1 percent in same-restaurant sales for the quarter.

Fast-Casual Continues to Outpace Other Restaurants

Panera Bread drive-thru
A Panera Bread drive-thru. Photo by Blue MauMau

CHICAGO –A food researcher says that the fast-casual segment continues to steal share from full-service chains and drive limited-service growth, making up 15 percent of the $231 billion limited-service restaurant segment.

Fast Casual Is Turbocharged, but Concepts Still Fail

Panera Bread, photo by Blue MauMau

CHICAGO – Fast-casual restaurants continue to lead growth within the restaurant industry. With an 11 percent increase in 2013 sales and nearly 8 percent increase in units, fast-casual concepts include many of the fastest growing restaurant chains in Technomic's own 2014 list of top 500 restaurant chains.

Sales Shrink for Burger Chains

Culver's in the Midwest bucks slumping trend in a big way by growing chain sales 8% in 2013. Photo/bmm

CHICAGO – Restaurant researcher Technomic reports today that burger chains recorded nominal sales growth of only 1.2 percent, while limited-service burger segment sales actually contracted in 2013.

Cosi Appoints Franchisee Dourney as CEO to Save It

Employees making sandwiches at Cosi
Employees stuff sandwiches at a New York Cosi. Photo/ps

DEERFIELD, IL. – Amidst falling same store sales and losses, Così Inc. (NASDAQ: COSI) announced Tuesday it has appointed its largest franchisee, R.J. Dourney, as its president, chief executive officer and a member of the company's board of directors.

Fast Casual Only Restaurant Sector to Grow Traffic

McAlister's Deli fast casual
Fast casual McAlister Deli. Photo/bmm

CHICAGO — Fast casual restaurants continue to be a bright spot for the foodservice industry, which has yet to fully recover from the Great Recession.

CEO Nigel Travis: Competition Makes Dunkin' Better

Dunkin' Brands CEO Nigel Travis tells TheStreet's Laurie Kulikowski that competition from Starbucks, McDonald's and Burger King makes his brand stronger.