Sweetgreen Grabs 200M in Funding: Eatery Pulse

Sweetgreen receives $200M in new funding led by Fidelity Investments

New funding round leads to a valuation of $1B, grows menu categories, digital platform, supply chain advances in blockchain

Sweetgreen, a health-oriented fast-casual chain, serving creative salads and bowls built around proteins, grains and vegetables, has raised $200M in its latest raise, following a $35M raise just three years ago. This new round was led by Fidelity Investments and leads to a Sweetgreen valuation of $1B. Sweetgreen, which was started in the Washington, D.C. Area, plans to use the investment to further advance its digital platform, it announced.

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Qdoba Restaurant News: Eatery Pulse

Qdoba adds Pulled Pork and Queso Burrito to U.S., Canadian stores

The Pulled Pork and Queso Burrito will be offered in both U.S. and Canadian locations

Qdoba has introduced a Pulled Pork & Queso Burrito. The comfort menu item is being added to its selections at stores across the United States and Canada in time for winter. The 750-unit fast-casual chain says its pulled pork is the leanest protein on the menu. Inside the burrito, guests will find the pulled pork, slow braised with a seasoning blend infusing it with tomatoes, onion, garlic and mild chile flavors, nestled in a warm flour tortilla with a cilantro-lime white rice and seasoned with black beans, cilantro, and topped with pico de gallo, shredded cheese and Qdoba’s 3-Cheese Queso.

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Muscle Maker Grill Burger Bar Menu: Eatery Pulse

Muscle Maker Grill offers new Burger Bar Menu for limited time

Muscle Maker Grill launched a limited-time burger menu offering October 22, marketed as promoting a healthier lifestyle for its guests. The new Muscle Maker Grill Burger Bar Menu lineup is available in a five-style, build-your-own custom menu. Protein options  for the five options include the grass-fed beef, turkey, all-natural chicken breast or veggie burger. Guests can pick their style, including Mushroom Supreme, California Club, Classic Jalapeno and the Recovery Burger, served up on a whole wheat bun with a side of potato fries.

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Shake Shack Mexico City: Eatery Pulse Streem

Shake Shack brokers deal to expand American burger-custard chain to Mexico

Shake Shack has partnered with food and retail firm Grupo Toks to launch in Mexico with a store opening in Mexico City in 2019. The new development deal will pair the classic burger, hot dog and custard chain with the 40-year expertise of Mexico City-based Grupo Toks to build 30 stores throughout Mexico over the next ten years. Expect the first Shack in Mexico City to feature the chain’s classics: the ShackBurger, Shack-cago Dog, classic crinkle-cut fries, beer, wine and frozen custard ice cream.

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Pincho Factory Delivery Online Ordering: Eatery Pulse

Pincho Factory launches multi-pronged delivery program, online ordering service

Latin street-food chain Pincho Factory announced a partnership with Uber Eats, Postmates, DoorDash, and online ordering platform Olo to bring delivery service to all of its locations this fall. The 10-unit fast-casual chain is known for favorites, including the Pincho Burger, Steak Latin Ricebowl and its namesake line of pinchos. Delivery is part of its strategic growth, and the service will also serve franchisees well as the Pincho Factory concept expands to new markets, said the company.

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The first co-branded restaurant of Fatburger and Buffalo’s Express in Arizona results from a new deal

Fat Brands announces first co-branded restaurant in Arizona

Partnership with franchisee Gregg Wright leads to new Cave Creek location

Fat Brands has announced the development of a co-branded restaurant in Cave Creek, Arizona. The first co-branded restaurant of Fatburger and Buffalo’s Express in Arizona is the result of a new deal with franchise partner Gregg Wright. Fatburger has created a strong reputation with guests Western US presence since it started in Southern California 70 years ago.

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Naf Naf Grill Free Delivery: Eatery Pulse Streem

Naf Naf Grill launches delivery, recognizes first-responder service

Naf Naf Grill launches delivery service with free delivery offer, first-responder recognition and Instagram contest

Naf Naf Grill, a Middle Eastern-style chain with 38 locations in more than eight major markets, has launched a new delivery service in partnership with DoorDash. Naf Naf favorites, including traditional shawarma, fresh falafel and handmade pita, can be served up at customers’ homes and offices using the Naf Perks app or online. To promote the service, Naf Naf will offer free delivery for a limited time.

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Winning with salad topping, twists: Eatery Pulse Streem

Fiesta Restaurant Group taps Jackie Swift-Kurkjian as senior director, Off-Premise Consumption

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 these quick-service chains. Her role will help the brands leverage new information systems, resources and people as part of Fiesta’s Strategic Renewal Plan, said President and CEO Richard Stockinger, in a statement.

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Shake Shack reported its financial results for Q2 2018 in a company release

Shake Shack Q2 sales grow 28.3 percent to $112.9M on new restaurant growth

New store development is key part of revenue growth, as Shake Shack experiences pressure on labor, operating margins

Shake Shack reported its financial results for Q2 2018 in a company release and via an investor conference call August 2. Its total revenues, including licensing fees, increased to $116.3M, representing a 27.3 percent increase over the same quarter last year. Total Q2 company store sales, including the impact of new restaurants, increased to $112.9M, a 28.3-percent increase from last year. Comparable Q2 store sales (“same-shack sales”) increased 1.1 percent, compared to 1.8 percent decrease reported in the same period last year.

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