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MAD Greens and Snappy Salads will continue to operate under their respective brand names as salad-centric concepts dedicated to fresh and flavor-filled offerings.
MAD Greens, Golden, Colo., and Snappy Salads, Dallas, Texas, merged into Salad Collective to better position both concepts in the fast-casual salad space.
MOD Super Fast Pizza Holdings, LLC, Seattle, Wash., announced a $160 million equity financing led by Clayton, Dubilier & Rice (CD&R), a New York-based private investment firm.
The fast-casual segment has rebounded since 2016, but experienced a consecutive year of single-digit sales growth performance in 2017, according to findings released by Technomic, Chicago.
Jack in the Box Inc., San Diego, Calif., entered into a definitive agreement to sell Qdoba Restaurant Corp., a Lakewood, Colo.-based wholly owned subsidiary of Jack in the Box, to Apollo Global Management, New York.
The 500 largest U.S. restaurant chains accelerated their cumulative sales growth in 2015 to a 4.9% increase, totaling an estimated $288 billion, according to data released by Chicago-based Technomic Inc.
Though the recession took a toll on most restaurant sectors in 2009, fast-casual chains benefited from consumers trading down from full-service restaurants to lower-priced ones.
Culinary Software Services Inc., Boulder, Colo., said fast-casual chain restaurant operator Boston Market Corp., Golden, Colo., has begun using Culinary Software's ChefTec Plus recipe costing and menu development software.
