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Similar to the casual-dining boom before it, Susskind, the Cornell professor, believes that the investment boom in the fast-casual sector will eventually lead to a bust. Already, the graveyard of ...
With a former Starbucks executive at the helm, the fast-casual chain merged with its full-service sibling restaurant, The Little Beet Table. Related: Where to Grab a Meal for Under $15 in Every ...
Off-price retailers, fast-casual restaurants will be winners in 2025 Per Roach, TJX ( TJX ), Ross Stores ( ROST ), and Burlington ( BURL ) will continue their strong performance in 2025.
The business was bought by private equity firm Sentinel Capital Partners in 2014 for an undisclosed amount, identifying the chain's opportunity for growth as a driving factor in the decision to acquire the company. [12] [13] [14] Sentinel, which specializes in buying and building companies, implemented a plan for rapid growth.
Fast-casual chains continue to outpace the wider food industry in growth as value conscious diners demand affordable prices and experiences. Mediterranean chain Cava beat Wall Street estimates ...
Epic Burger is an American fast-casual retailer of high-end hamburgers and other related menu items based in Illinois.The chain was founded by David Friedman in 2008. [1]In September 2020, now-CEO David Grossman bought a 51% stake in the company.
By 2014, Kona Grill had grown to 26 restaurants in 17 states. In 2014, it saw same-store sales growth in 14 out of its past 15 quarters with an increase of 6.2%, ranking the concept in the top quartile of the casual dining segment and marking it as one of the fastest growing restaurants that year. [11] [12]
Fast food is no longer cheap, and fast-casual chains are benefiting from it. Rick Cardenas, CEO of Darden Restaurants—which owns Olive Garden, Longhorn Steakhouse, Bahama Breeze, and Ruth’s ...