PFG to purchase Reinhart Foodservice

PFG to purchase Reinhart Foodservice from Reyes Holdings

Second sizable 2019 acquisition moves PFG ahead of US Foods in sales volume, for now

Performance Food Group (PFG) agreed to purchase Reinhart Foodservice from Reyes Holdings, LLC for $2.0B. The acquisition of Reinhart is sure to change the broadline distributor landscape. Reinhart generates $6B in annual net sales and is the second largest privately-held foodservice distributor in the United States. With Reinhart, PFG expands its geographic territory in addition to enhancing distribution for PFG’s customer base in select markets.

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Chanticleer burger brands, BGR add Beyond Meat to menu

Chanticleer burger brands, including BGR, add Beyond Meat to menus

Little Big Burger, American Burger Company, BGR add meatless option

Little Big Burger, American Burger Company and BGR – Burgers Grilled Right will be serving Beyond Meat on their menus starting July 1. Chanticleer Holdings, the parent and franchisor of the burger brands, made the announcement in advance of the rollout. Fast-casual and fast-food restaurant chains have been adopting plant-based meat alternatives at a breathtaking pace.

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New Wingstop headquarters to be located in Addison, Texas

Wingstop headed to new coporate offices in Addison, Texas

$18.3M facility will be non-shared space, house mock Wingstop

Wingstop will move its current headquarters from Dallas to Addison, Texas. The new $18.3M facility, under agreement, is 78,000 square-feet. It encompasses three levels in a contemporary office building that will be used exclusively by Wingstop The move allows the QSR chain to scale at a pivotal moment as it emerges as a top 10 global restaurant brand, said Wingstop chairman and CEO Charlie Morrison.

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Fat Brands announces its acquisition of Elevation Burger

Fat Brands acquires Elevation Burger, a better-for-you concept

Elevation Burger becomes eighth Fat Brands concept

Fat Brands, the parent of multiple concepts, including Fatburger, Hurricane Grill & Wings and Yalla, has acquired Elevation Burger. According to a Fat Brands announcement, it completed the acquisition for $10M funded by a mix of seller’s notes and cash. Elevation Burger, a “better burger” chain, is a better-for-you restaurant concept. Serving organic, grass-fed, free-range meats and chicken, it franchises 44 locations of its concept in the United States and abroad.

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new Arcos Dorados CEO named, leads McDonald's Master Franchisee in Latin America

McDonald’s largest franchisee, Arcos Dorados, taps new CEO, COO

Master franchisee in Latin America executes succession plan for c-suite execs

Arcos Dorados, McDonald’s Master Franchisee in Latin America, has promoted Marcelo Rabach to the post of CEO. The former Arcos Dorados chief operating officer succeeds Sergio Alonso, who remains a member of the Board of Directors. Having knowledge of Rabach’s strong leadership and deep expertise in the McDonald’s brand, the Board tapped Rabach for the chief executive post effective July 1.

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Checkers and Rally's CMO named

New Checkers and Rally’s CMO named

Dwayne Chambers formerly served as P.F. Chang’s CMO

Checkers and Rally’s named Dwayne Chambers the new chief marketing officer for the QSR chains. Chambers boasts an expansive restaurant industry career. Most recently, he served as chief marketing officer for P.F. Chang’s. Prior to that role, he worked at Fuddruckers & KooKoo Roo, Krispy Kreme, Noodles & Company, Red Robin, and Sonic.

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Krispy Kreme Original Filled Doughnut takes off

Krispy Kreme debuts Original Filled Doughnut

Doughnut shop promotes new menu item in connection with Apollo 11 landing

Krispy Kreme is taking decadence to a whole new level with the release of its Original Filled Doughnut. The Winston-Salem, N.C. chain releases the new menu item with a free doughnut promotion taking place June 22. Krispy Kreme stuffs the new treat with classic or chocolate cream filling to produce the two original flavors.

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Rodizio Grill Pointe Orlando Florida announced

Rodizio Grill readies Pointe Orlando, Florida location

Chain’s fifth restaurant in Florida will open on International Drive

Rodizio Grill announced the opening of a new unit opening this fall in Pointe Orlando, Fla. The new, churrasco-style restaurant will be located on International Drive in the heart of the tourist district. The chain designed Rodizio Grill Pointe Orlando in a prime location, within walking distance to the Orlando Convention Center, the Hyatt Regency Orlando and other major landmarks. The restaurant will also be close to the well-visited WonderWorks upside-down building.

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Sweetgreen acquisition of Galley Foods announced

Sweetgreen announces acquisition of Galley Foods

Purchase of D.C.-based Galley Foods to provide enhanced logistics capabilities

Sweetgreen has acquired Galley Foods, a meal delivery company that provides fresh, ready-to-eat meals. The acquisition—the first for Sweetgreen—was for an undisclosed amount. Sweetgreen will benefit through insights and technology developed for delivery logistics, in addition to processes. These systems include live courier operations and high-volume production.

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Pinkberry Mango Tajin combo, Mango froyo arrive for summer

Pinkberry Mango Tajin combo now available in U.S. stores

Mango flavor froyo, lime-inspired combo arrive for summer

Pinkberry added to its summer flavor options with a new Mango flavor and Mango and Tajin combination. The frozen yogurt shop chain announced the new Pinkberry Mango Tajin combo June 7. For this selection, Pinkberry fresh-cuts the mango and adds the Tajin Latin American spice. Guests can also add a lime wedge for an additional summertime-zest.

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