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Shaich believed in people's desire for Mediterranean fast-casual cuisine and the potential of the Cava brand. Shaich conceptualized and led Cava's acquisition of public company Zoe's Kitchen, which was five times larger than Cava and allowed Cava to hyper scale into a category-dominant brand company with 250 locations as of October 2023. [7] [47]
In November 2018, Cava Group bought Zoës Kitchen, a restaurant chain with more than 250 locations, in a deal worth $300 million, taking the company private and helping Cava expand further into the suburbs. [6] [17] [18] As of August 2021, there are 133 Cava locations. All Cava restaurants are company-owned, and none are franchised. [6]
Dusty Groove is a Chicago-based online record store specializing in new and vintage jazz, funk, soul, hip-hop, world, rare, collectible, and vinyl records and CDs. [4] Dusty Groove building at 1120 N Ashland Avenue. Front entrance to the Dusty Groove Chicago store. Interior of Dusty Groove on an early weekday.
Cava Group CEO Brett Schulman knows this first hand. In November 2018, the then-privately held Mediterranean fast-casual restaurant chain acquired Zoe’s Kitchen in a $300 million all-cash deal.
A banner for the Mediterranean restaurant chain Cava is displayed outside of the New York Stock Exchange (NYSE) as the company goes public on June 15, 2023, in New York City.
Panera Bread founder Ron Shaich’s key to success may seem morbid on the surface, but it may just have helped him become a newly minted billionaire. ... The milestone comes in part from a well ...
The LP (from long playing [2] or long play) is an analog sound storage medium, specifically a phonograph record format characterized by: a speed of 33 + 1 ⁄ 3 rpm; a 12- or 10-inch (30- or 25-cm) diameter; use of the "microgroove" groove specification; and a vinyl (a copolymer of vinyl chloride acetate) composition disk.
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