Breaking news for the full foodservice equipment and supplies distribution channel. Includes information on dealers, distributors, design consultants and multi-unit operators spanning leadership changes, mergers and acquisitions, trends, data and much more.
NRD Capital Management, a franchisee-sponsored and managed equity investment fund, purchased a majority position in Fuzzy’s Taco Shop, a 90-unit Fort Worth, Texas-based brand. NRD had previously made a similar investment in Frisch’s Big Boy Restaurants.
Bob Bafundo is the new president of Pizza Inn, a restaurant chain owned by multi-concept operator Rave Restaurant Group. A 30-plus year veteran of the restaurant industry, Bafundo most recently served as president of Garbanzo Mediterranean Grill.
African flavors topped the National Restaurant Association’s 2016 What’s Hot list, trending at 62 percent, above Latin American, Middle Eastern and Southeast Asian flavors. As a “mover and shaker,” African flavors saw a 20 percent jump in popularity from 2015 to 2016.
Casual dining concept STACKED: Food Well Built opened a new location in Huntington Beach, Calif. The architecture and interior design of STACKED-Huntington Beach combine industrial elements of metal and concrete along with reclaimed wood. A medley of colored glass in yellows, oranges, and ambers on the façade bring a sunnier element.