GoTo Foods explained

GoTo Foods
Type:Private
Location City:Sandy Springs, Georgia
Location Country:United States
Key People:Jim Holthouser (CEO)
Mike Dixon (CFO)
Michael Barrett (CAO)
Guillermo Cremer (CPO)
Sarah Powell (General Counsel & Secretary)
Steven Roach (CIO)
Brian Krause (CDO)
Industry:Restaurants
Subsid:Auntie Anne's
Carvel
Cinnabon
Jamba Juice
McAlister's Deli
Moe's Southwest Grill
Schlotzsky's

GoTo Foods (formerly Focus Brands) is an American company that currently owns the Schlotzsky's, Carvel, Cinnabon, Moe's Southwest Grill, McAlister's Deli, Auntie Anne's and Jamba brands. It is located in Sandy Springs, Georgia, and operates over 5,000 stores.

History

Focus Brands began as a holding company for Carvel Corporation. It purchased Cinnabon and the international operations of Seattle's Best Coffee from AFC Enterprises in November 2004, combining the three brands under its Focus Brands affiliate.[1] Focus Brands purchased Schlotzsky's from Bobby Cox Companies in 2006, less than two years after Bobby Cox had purchased the brand from bankruptcy.

On August 11, 2007, Focus Brands announced that it purchased the Moe's Southwest Grill brand from Raving Brands.[2]

In October 2010, Focus Brands acquired the mostly mall-based franchiser Auntie Anne's, a maker of pretzels.[3]

In June 2017, Kat Cole was named Chief Operating Officer.[4]

On August 2, 2018, Focus Brands announced that it would acquire Frisco, Texas based smoothie-maker Jamba, formerly known as Jamba Juice.[5] The acquisition was completed on September 14, 2018.[6]

In February 2020, Jim Holthouser was named Chief Executive Officer.[7]

In February 2024, the company announced it was rebranding under the new name GoTo Foods.[8]

External links

Notes and References

  1. News: COMPANY NEWS; FOCUS BRANDS TO BUY CINNABON FROM AFC ENTERPRISES. July 1, 2009 . September 9, 2004 . The New York Times.
  2. Minnick, Fred (April 11, 2007). "FOCUS Brands Buys Moe's Southwest Grill" . QSR Magazine.
  3. http://m.qsrmagazine.com/news/focus-brands-buys-auntie-annes "Focus Brands Buys Auntie Anne's"
  4. Web site: Kat Cole named COO, President North America at FOCUS Brands . bizjournals.com. 2018-01-31.
  5. News: Garrett . Arnessa . Robinson-Jacobs . Karen . Frisco-based Jamba Juice to be bought by Atlanta operator of Schlotzsky's . 2 August 2018 . Dallas News . 2 August 2018 . en.
  6. News: Focus Brands completes $200m acquisition of smoothie chain Jamba Juice . 4 October 2018 . Verdict Foodservice . 14 September 2018.
  7. Web site: FOCUS Brands Taps Hilton Exec as Next CEO. 2021-02-02. QSR magazine. February 20, 2020 . en.
  8. Web site: Fantozzi . Joanna . Focus Brands rebrands to GoTo Foods . Nation's Restaurant News . February 20, 2024 . March 1, 2024.