27 March 2024
27 March 2024
The expansion is spearheaded by Salvator Raccuglia, an entrepreneur from Redding, Pennsylvania.
Bikky's platform will give Bojangles access to a wide range of metrics, including guest frequency and lifetime value.
The agreement includes the transfer of Caribou Coffee’s Minnesota roasting operations and its office coffee and foodservice contracts.
The deal is to be financed through $160m in preferred equity and a portion of a $390m term loan and credit facility.
The closures are part of the company's strategy to reallocate funds towards investment and enhance profitability.
The company will be responsible for developing and operating 11 restaurants in the airport terminals.
Two days of promotions will mark the opening, including discounts on Junior and Regular Chicken Teriyaki Bowls.
Merging industry-leading business intelligence & award-winning journalism, this is an unrivalled opportunity for engagement with B2B professionals across a network of 40+ leading media websites.
Steer your business strategy with key data and insights from our latest market research reports and company profiles. Not ready to buy? Start small by downloading a sample report first.
Give your business an edge with our leading industry insights.
