Buffalo Wild Wings new president is Lyle Tick, a marketer, advertiser and merchandise executive with a deep repertoire across several retail brands and marketing agencies. Parent company Inspire Brands made the announcement… after the acquisition of Buffalo Wild Wings by Arby’s Restaurant Group, closely-held by Roark Capital at the time. 1,200-unit Buffalo Wild Wings and the Atlanta-based Inspire Brands executive team are looking for a big turnaround
Fiesta Restaurant Group, parent of Taco Cabana and Pollo Tropical, announced that Jackie Swift-Kurkjian has joined the company as senior director of Off-Premise Consumption. In this role, she will lead the efforts to build the catering, online and delivery sales channels at Pollo Tropical and Taco Cabana. Her role will help the brands leverage new information systems, resources and people as part of Fiesta’s Strategic Renewal Plan.
Ruth’s Hospitality Group, the operator of the fine-dining Ruth’s Chris Steak House chain, reported Q2 2018 results, posting total revenue of $103.5 million, up 9.6 percent from last year. Company-operated stores posted comparable sales growth of 1.3 percent from last year, comprising a 0,1 percent decrease in traffic, offset by a 1.4 percent increase in average check. Net income rose to $9.6M, compared to $7.8M in the same period last year. .. The three buckets for the 2.0 remodel initiative are brand, capacity and bar changes. Those remodels that have addressed capacity are the most opportunistic remodels and have played a role in sales performance, noted Haak.
John H. Schnatter. It will no longer sublease office space to Schnatter. This follows the resignation of the former chairman and his removal as spokesperson for the the company, which had already been announced—his Founder Agreement, had already been terminated by the same committee... Papa John’s announced Shnatter’s removal from advertising following use of "N" word.
Starbucks will see its chief financial officer, Scott Maw, retire November 30. Maw started with the company as global controller in 2011 and later was promoted to senior vice president of corporate finance. Maw has a background in insurance and financial services, and is a graduate of Gonzaga University.
PIncho Factory has named Jayson Tipp, chief executive officer, effective immediately. Pincho Factory serves Latin-inspired kebabs and hamburgers, and currently has five locations, with plans to add 10 stores in the Washington, D.C. market.
CraftWorks Restaurants & Breweries Group, Inc. has accepted the resignation of Srinivas Kumar, who became CEO of the company in 2014. Fred Beilstein III will serve as interim CEO as he continues Mr. Kumar’s work to grow all the CraftWorks brands.