News Briefs
Chipotle to Test New Concept at Kitchen United's Food Hall
Chipotle Mexican Grill is opening a new restaurant called Farmesa in the Kitchen United Mix food hall in Santa Monica, Calif. Farmesa is a fresh, bold concept inspired by Chipotle’s Food with Integrity standards. The concept will soft open with an abbreviated menu and limited hours before officially rolling out next month.
“Our New Ventures team, which was created in 2022, developed a unique restaurant concept that uses classic culinary techniques with flavorful ingredients in a fast casual setting that we’re excited to test and learn on before we determine a broader rollout strategy,” said Brian Niccol, Chairman and Chief Executive Officer.
Digital Ordering
Guests will be able to place an order via onsite kiosks at the Kitchen United Mix space at 1315 3rd Street or on kitchenunited.com/santamonica as well as for pickup and delivery through marketplace apps like DoorDash and Uber Eats.
WATCH: Chipotle’s VP Talks Transformative Tech at MURTEC Executive Summit
“Launching Farmesa in the Kitchen United Mix food hall in Santa Monica and partnering with third-party partners for pickup or delivery will allow us to reach a large number of consumers, learn quickly, and evolve our concept and menu so that we can deliver on our goals before expanding,” said Nate Lawton, Vice President of New Ventures at Chipotle. “We believe there’s an opportunity to serve premium, craveable food every day, and we’re eager to bring this new concept to life.”
Farmesa’s Menu
Farmesa will serve a variety of bowls ranging in price from $11.95 to $16.95. Each bowl will feature a protein, green or grain, two sides, a choice of five sauces, and a topping option. Farmesa will launch with a limited run menu to help the restaurant team learn on various cooking techniques and maximize throughput. The concept’s full menu will include dishes like Classic Santa Maria-Style Grilled Tri-Tip Steak, Everything Spice-Crusted Ora King Salmon, Whipped Potatoes, Golden Beets, Sprouted Cauliflower, and Sweet Potato Chips.The menu was curated by James Beard Award-winning Chef Nate Appleman who also serves as the Director of Culinary Innovation at Farmesa, and previously led menu innovations for Chipotle in the mid to late 2000s.
Farmesa will also proudly serve 100% Certified Organic, Non-GMO and All-Natural drinks from Tractor Beverage Co along with still and sparkling water.
Bally's Names New CEO
Bally's Corp. announced that Lee Fenton, CEO, will step down and Robeson Reeves, President - Interactive, will take over as CEO, effective March 31.
Fenton became CEO of Bally's on October 1, 2021 following the acquisition of Gamesys Group PLC where he had been CEO since 2015. Fenton will also step down from the Bally's Board of Directors.
Reeves joined Gamesys in September 2005 and held several leadership positions since that time. Prior to his current role with Bally Interactive, Reeves served as Chief Operating Officer of Gamesys since July 2015, and before that as Gamesys' Director of Gaming Operations.
Bally's Corporation is a global casino-entertainment company with a growing omni-channel presence of Online Sports Betting and iGaming offerings. It currently owns and manages 15 casinos across 10 states. It also owns Bally's Interactive International, formerly Gamesys Group, a global, online gaming operator, Bally Bet,and Bally Casino, a growing iGaming platform.
Restaurant Brands International's Former CTO Named CEO
Joshua Kobza will become Restaurant Brands International's Chief Executive Officer, effective March 1.
Kobza has held increasingly senior roles with the company over the last 11 years, including Chief Financial Officer (2013-2018), Chief Technology Officer and Development Officer (2018-2019) and Chief Operating Officer (2019-2023), including accountability for strategy, technology, human resources, global procurement, supply chain and international development. Kobza was integral to the acquisitions of Tim Hortons in 2014, Popeyes in 2017 and Firehouse Subs in 2021.
Kobza will undertake his new role reporting to, and working together with, Patrick Doyle, Executive Chairman of RBI. José Cil will remain with the company for one year as an advisor and assist in the transition.
"Over the past several years, the Board of Directors has worked with management to build a thoughtful succession plan for key positions, so this is a natural transition for Josh to lead our next phase of growth. Personally, I'm motivated to work with and help such a talented person like Josh as he steps into this new leadership position," said Doyle.
Subway Explores Possible Sale
Subway announced today that its shareholders are exploring a possible sale of the company.
There is no indication of timing or assurance that a sale will occur.
The management team remains committed to the future and will continue to execute against its multi-year transformation journey, which includes a focus on menu innovation, modernization of restaurants and improvements to its overall guest experience.
The company recently announced another record-setting year, ending 2022 exceeding global sales projections and achieving eight consecutive quarters of positive same-store sales growth.
J.P. Morgan is advising the company and will conduct the sale exploration process. The company does not intend to make any further public comment regarding the process until it has been completed.
As one of the world's largest quick service restaurant brands, Subway has 37,000 restaurants in 100 countries. Subway restaurants are owned and operated by Subway franchisees.
Nomadix, RN Projects Partner in Asia-Pacific, the Middle East
Nomadix Inc., has partnered with RN Projects, a multi-regional network system integrator. RN Projects specializes in the design and delivery of complex data networks into existing businesses and planned constructions across Australia, the South Pacific, Asia and the Middle East, and will offer the full Nomadix Networks portfolio across the hospitality, multi-tenant, office and aged-care markets.
RN Projects will capitalize on strong regional demand for technologies to enhance the connected experiences across their vertical markets by offering the Nomadix Networks range of products, including robust wireless access points, controllers and LAN switches, alongside its full portfolio of solutions.
“Nomadix has seen incredible growth year on year, and our reach has expanded to over 100 countries. RN Projects was a natural choice as a partner; they are one of the fastest growing system integrators across many key verticals and markets, which will enable us to better serve our customers across multiple regions,” said Hauke Lenthe, managing director, EMEA and APAC at Nomadix. “Together, we will deliver significant benefits to our customers, combining the quality of the Nomadix Networks portfolio, with the high level of in-region technical, logistics and customer support from RN Projects.”
With RN Projects, Nomadix can help accelerate the implementation of these networks.
HotelPORT Partners with Media Production Company
HotelPORT has announced a partnership with Runway 4, a media production and storytelling company. This latest collaboration will allow hotels to improve their marketing efforts with high-quality media production and engaging storytelling. Through this partnership, HotelPORT and Runway 4 will provide hotels, restaurants, and spas with media services including ideation, video production, photography, and content creation, including 3D and VR experiences.
The partnership will provide hotels, restaurants, and spas with the tools and resources they need to effectively market themselves and stand out in a competitive environment. It will help hospitality businesses attract more guests and improve bookings, ultimately leading to increased revenue.