
Gen Restaurant Group mulls $100M offer for its BBQ chain
The parent company of Gen Korean BBQ is considering a $100 million buyout offer for its 59-unit restaurant chain to focus on its consumer goods business.
Albertsons is a company in Burnaze's franchise knowledge graph, mentioned since 2017. 38 stories link here, each summarized from the original publisher. Filed under Retail / Grocery.

The parent company of Gen Korean BBQ is considering a $100 million buyout offer for its 59-unit restaurant chain to focus on its consumer goods business.

Industry experts view Kroger's $1.65 billion acquisition of the regional grocer as a strategic move to bolster loyalty assets and market density.

The supermarket giant has entered an agreement to acquire the 197-unit regional grocery chain in a deal valued at $1.65 billion.

Kroger's $1.65 billion acquisition of regional grocer Giant Eagle aims to bolster its midwestern footprint and expand its data-driven retail media capabilities.

Major fuel retailers including 7-Eleven and Circle K face a class action lawsuit alleging the use of algorithmic software to artificially inflate California gas prices.

The pizza giant is expanding its brand presence by bringing its signature dipping sauce to 7,500 retail locations, including Walmart and Kroger, this summer.

The pizza giant is expanding its retail footprint by bringing its signature garlic dipping sauce to grocery store shelves nationwide.
ATLANTA--( BUSINESS WIRE )-- For the first time, Papa Johns is bringing the flavors of its iconic Special Garlic Dipping Sauce to grocery stores nationwide with the debut of Papa Johns Garlic Flavored Sauce.

Papa Johns saw North American same-store sales fall 6.4% in the first quarter as the pizza chain struggled with cautious consumer spending and heavy competitor discounting.

Taco Bell outperformed other Yum! Brands concepts with significant same-store sales growth, solidifying its position as a dominant player in the fast-food industry.

GoTo Foods hires two executives to lead growth and digital strategy.
Wienerschnitzel, the world’s largest hot dog franchise, is celebrating its first restaurant opening inside a Walmart Supercenter, located at 1380 W Elliot Rd.

Slim Chickens has named Matt Green as its new Chief Development Officer.

The markets are moved by animal spirits and not by reason, with President Trump's commanding win boosting equities and fixed-income yields.
Duck Donuts gift cards are now available at major retailers.

In late June, McDonald's released its $5 Meal Deal. It was intended as a limited-time promotion but was recently extended at least through the end of August.
Schmackary's signs lease for new franchise location on Long Island

Ace Hardware Corporation announced changes to the company’s Board of Directors following its 2024 Annual Meeting of Stockholders.

Sylvan Learning opens new franchise location in Simi Valley, California

More than half of the U.S. population uses mobile payments when shopping.

Franchisors and franchisees continued their post-pandemic evolution in 2023 under the ongoing influence of economic headwinds, global unrest, and the dwindling reserves of “pandemic savings.”

CVS Health has announced layoffs to 5,000 positions as part of a cost-reduction plan as it pushes further into the healthcare industry.
Former Fortune 50 CEO Larry Johnston acquires a major stake in The Peach Cobbler Factory, partnering with the brand's CEO to accelerate growth.
ESTERO, Fla., April 14, 2022 // PRNewswire // - Hertz (NASDAQ: HTZ) announced that Colleen Batcheler will join the company as executive vice president, general counsel and secretary, effective May 20.