Tuesday, December 19, 2017

Jack in the Box sells struggling Qdoba for $305 million

Image result for qdobaFast-food chain Jack in the Box has agreed to sell its ailing fast-casual brand, Qdoba, to an investment firm.

Funds led by publicly traded Apollo Global Management will pay about $305 million for the Qdoba chain, which is struggling with fast-casual competition as well as higher commodity costs and labor expenses.. . . more

No comments: