Food

LTOs at Cinnabon, &pizza and Ruby Slipper explode with flavor

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The Washington, D.C.-based multiconcept operator also received an investment to fuel its growth.

The owner of two fast-casual chains cited its liquidity challenges as it replaced its chairman, gave top executives incentives to stick around and sought assistance from its lenders.

The Bottom Line: The fast-food giant took the extraordinary step of publicizing average prices this week. It was speaking to its less-frequent customers, who are a lot less likely to say the chain is a good value.

After five years with Portillo's, COO Derrick Pratt will depart from the company on June 30. Portillo's said it will search for a new head of operations.