By Matt Parkin Restaurant staffing can be a challenge at this time of year. With the supply chain slowdowns, rising menu prices, and the holidays fast approaching, you can’t afford to have your restaurant understaffed. The problem is that the labour market is tight and unemployment is low so there isn’t a huge pool of […]
By Matt Parkin It’s not easy being a general manager or a head chef and dealing with supply chain shortages, rising food and menu prices, and a tight labour market. Here are five strategies to help you fill your open positions faster so you can focus on other important aspects of your role. Level your […]
MB International Brands, the owner of Mary Brown’s Chicken, is acquiring Fat Bastard Burrito Co. in a deal which will create one of the largest privately held quick-service restaurant companies in Canada. A press release notes that the two brands are aligned in their support of the communities in which they operate and the great […]
Toronto-based Restaurant Brands International is buying sandwich chain Firehouse Subs for over $1 billion in its first acquisition since it brought Popeyes on board in 2017. The deal will give the company, already the owner of Burger King and Tim Hortons in addition to Popeyes, another growth vehicle. Firehouse was founded in 1994 by brothers […]
A significant Canadian grocery shake-up is on the cards. Nova Scotia-based chain Sobeys’ parent company, Empire, has agreed to buy the 51 per cent majority stake in independent Ontario grocery chain Longo’s in a deal worth $357 million. The deal, which would also see Empire acquire Longo’s online service Grocery Gateway, will add the business’ […]
ADP Direct Poultry has acquired Cami International Poultry Ltd, a poultry slaughter and processing company, effective October 1, 2020.
Press Release MTY Food Group Inc. is pleased to announce that it has completed the acquisition of Papa Murphy’s Holdings, Inc. through the consummation of a merger of its wholly-owned subsidiary, MTY Columbia Merger Sub, Inc., with and into Papa Murphy’s without a vote of the Papa Murphy’s stockholders in accordance with Section 251(h) of […]
Press Release McDonald’s Corporation and Dynamic Yield Ltd. today announced an agreement by which McDonald’s will acquire Dynamic Yield, a leader in personalization and decision logic technology. With this acquisition of Dynamic Yield, based in New York and Tel Aviv, McDonald’s builds on its significant technology investments for growth. McDonald’s will utilize this decision technology to provide an […]
Press Release MTY Food Group Inc. announced that pursuant to the announcement made on December 11, 2018, one of its wholly-owned subsidiaries has acquired substantially most of the assets of South Street Burger. The total consideration for the transaction is approximately $5.1 million, subject to customary post-closing adjustments. A total of approximately $4.1 million was paid on closing, financed from […]
Press Release Foodtastic Inc. is pleased to announce that it has acquired Les Rotisseries Au Coq (Au Coq). Founded in Montreal in 1960, Au Coq specializes in delivery and carryout rotisserie style chicken. Peter Mammas, President and Chief Executive Officer of Foodtastic, said, “Au Coq is a treasured local brand and we are excited to […]
