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Westlife to continue expansion, open 25-30 new McDonald's stores in 2021-22


Westlife Development Ltd, which owns Hardcastle Restaurants, the master franchisee of McDonald s restaurants for western and southern India, expects its business to return to pre-COVID-19 level from the next quarter and continue its expansion journey by adding more stores to its network, said a company official.
The company plans to open three new stores in this quarter and then resume its growth journey of adding 25-40 stores every year from the next fiscal.
If the momentum of consumer confidence continues, we will achieve and hopefully exceed pre-COVID-19 levels in the next 2-3 months, Westlife Development Vice-Chairman Amit Jatia told PTI. ....

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Capriotti's Buys Wing Zone Plus More Dealmakers Briefs


Wing Zone, a fast casual concept with 31 locations across the U.S. offering made-to-order chicken wings. The deal was announced early January and terms were not disclosed. The merger creates a company that attained more than $100 million in sales in 2020 in 150 markets worldwide, according to a press release. As part of the deal, Capriotti’s CEO Ashley Morris will become head of Wing Zone, which launched in 1993. Sandwich chain Capriotti’s has 115 restaurants and opened its first corporate ghost kitchens in 2020. Both brands plan to boost off-premises business in 2021. 
FAT Brands merged with its largest shareholder,
Fog Cutter Capital, in a corporate restructuring that removes restrictions and allows the parent of ....

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