Search results
Results From The WOW.Com Content Network
Inspire Brands LLC is an American fast-food restaurant franchise company. Owned by Roark Capital Group, it owns the Arby's, Buffalo Wild Wings, Sonic Drive-In, Jimmy John's, Mister Donut, Dunkin' Donuts, and Baskin-Robbins chains, which have a combined 31,700 locations and US$30 billion in system sales.
An Arby's restaurant with a vintage sign in Midland, Michigan (2006). Arby's was founded in Boardman Township, Ohio, on July 23, 1964, by brothers Forrest (1922–2008) [15] and Leroy Raffel (1927–2023), [16] owners of a restaurant equipment business who thought there was a market opportunity for a fast food franchise based on a dish other than hamburgers.
As of 2024, the Group operated around 2,600 franchise locations around the world, primarily of Applebee’s, Arby's, Pizza Hut, Wendy's, Panera Bread, Taco Bell, and Planet Fitness. [8] They had approximately 72,000 employees. [7] The company engages in a complex menu strategy overseen by a team of economists and data scientists. [11]
[27] [28] It was officially announced on January 20, 2011, that the group would seek a buyer for its Arby’s Group with 3,700 restaurants. [29] On June 13, 2011, Wendy's/Arby's Group Inc. announced that it would sell the majority of its Arby's chain to Roark Capital Group, maintaining an 18.5% stake in the company. [30]
In May 2013, Brown became Chief Executive Officer of Arby’s. [7] During his tenure as CEO of Arby’s, the brand introduced a new restaurant design and launched the “We Have The Meats” marketing campaign. [8] Brown also introduced new menu items including smokehouse brisket, pork belly, gyros, deep-fried turkey, and venison. [9]
Garrett, who worked for the company for nearly 30 years, became President in September 2008 but left the company in January 2010 after Arby's suffered disappointing sales. [ 4 ] Before Triarc bought RTM Group, (for which Garrett was president), Garrett was an assistant manager for Arby's in Gadsden, Alabama , in 1980, Garrett rose through the ...
On September 29, 2008, the company merged with Triarc Companies Inc., the publicly traded parent company of Arby's; [37] [38] Wendy's headquarters remained in Dublin. Triarc then became known as Wendy's/Arby's Group, and later as the Wendy's Company following the sale of Arby's to Roark Capital Group.
Lynch's stint at Taco Bell was cut short due to his recruitment by Arby's Restaurant Group in 2013. He served as the restaurant's Brand President and Chief Marketing Officer until August 2017, when Lynch was promoted to president of the company, a position he held until 2019.