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Foodtastic Has Built a $1B Restaurant Empire — but Its CEO Is Still Hungry for More
- Foodtastic, a Montreal-based business, has 1,200 locations in its 27 chains and aims to triple sales to $3 billion in five years, according to CEO Peter Mammas.
- Mammas is reviewing his portfolio and is open to acquisitions, with a focus on distressed chains like Second Cup and Freshii, as noted by The Canadian Press.
- Sales dipped by two percent due to U.S. tariffs but rebounded in spring, boosted by a buy Canadian sentiment, as reported by The Canadian Press.
- Foodtastic plans to add 200 Jimmy John's locations in Canada by 2034, positioning itself against U.S. brands like Firehouse Subs.
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18 Articles
18 Articles
The founder of the Montreal conglomerate at 1200 restaurants plans to triple its turnover within five years.
·Montreal, Canada
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Coverage Details
Total News Sources18
Leaning Left12Leaning Right2Center2Last UpdatedBias Distribution75% Left
Bias Distribution
- 75% of the sources lean Left
75% Left
L 75%
13%
12%
Factuality
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