Zoës Kitchen: Difference between revisions
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{{Short description|American restaurant chain specializing in made-from-scratch foods}} |
{{Short description|Former American restaurant chain specializing in made-from-scratch foods}} |
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{{Advert|date=June 2016}} |
{{Advert|date=June 2016}} |
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{{Infobox company |
{{Infobox company |
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| logo = Zoeslogo.jpg |
| logo = Zoeslogo.jpg |
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| logo_size = 180px |
| logo_size = 180px |
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| image = Zoes Kitchen, Miracle Plaza, Thomasville Road, Tallahassee.JPG |
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| image_caption = A Zoës Kitchen restaurant in [[Tallahassee, Florida]] |
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| type = [[Subsidiary]] |
| type = [[Subsidiary]] |
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| successor = [[Cava (restaurant)|Cava]] |
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| founder = Marcus Cassimus<br />Zoë Cassimus |
| founder = Marcus Cassimus<br />Zoë Cassimus |
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| area_served = [[United States]] |
| area_served = [[United States]] |
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| parent = [[Cava Group]] |
| parent = [[Cava Group]] |
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| foundation = {{start date and age|1995|6}} (as Zoe's Kitchen, Inc.)<br />[[Homewood, Alabama|Homewood]], [[Alabama]], U.S. |
| foundation = {{start date and age|1995|6}} (as Zoe's Kitchen, Inc.)<br />[[Homewood, Alabama|Homewood]], [[Alabama]], U.S. |
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| defunct = {{End date and age|2023|05|27}} |
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| locations = 90 stores |
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| fate = Acquired by [[Cava Group]] |
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| location_country = U.S. |
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| revenue = {{increase}} US$340 million (2019)<ref name="Zoë's Overview">{{cite web |url=https://zoeskitchen.com/about |title=Zoë's Overview |access-date=August 28, 2021 }}</ref> |
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| num_employees = 4,200<ref name="Zoë's Overview"/> |
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⚫ | |||
| footnotes = |
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}} |
}} |
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'''Zoës Kitchen''' |
'''Zoës Kitchen''' was a [[Mediterranean cuisine|Mediterranean Style]] restaurant [[Chain store|chain]], and a subsidiary of the Cava Group.<ref>{{Cite magazine |title=Cava Buys Zoes Kitchen in $300 Million Deal |url=https://www.qsrmagazine.com/finance/cava-buys-zoes-kitchen-300-million-deal |access-date=2022-07-20 |magazine=QSR magazine |language=en |date=August 2018 |first=Danny |last=Klein}}</ref> Their headquarters were located in [[Plano, Texas|Plano]], [[Texas]]. In 2013, the chain had grown to host over 200 locations across 17 states,{{citation needed|date=August 2023}} however, acquisition by Cava Group resulted in a reduction of Zoe's locations (some replaced by Cava restaurants). As of late December 2022, only 35 locations in 13 states remained.<ref>{{cite web | url=https://zoeskitchen.com/locations/sitemap | title=Locations Sitemap | access-date=2022-12-24}}{{dead link|date=August 2023}}</ref> At the rate of closure in 2022, it was expected that the chain would cease operations by 2023. |
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In March 23, 2023 there was exactly one location remaining.<ref>{{cite web |title=Zoe's Kitchen Locations |url=https://zoeskitchen.com/locations/sitemap |website=Zoe's Kitchen |access-date=23 March 2023}}{{dead link|date=August 2023}}</ref> As of May 2023, the URL zoeskitchen.com redirects to cava.com, indicating the closure of all former locations. |
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==History== |
==History== |
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Zoës Kitchen was originally based in [[Homewood, Alabama]] as "Zoe's Kitchen Inc".<ref name="July 18, 1995">{{cite news | last = | first = | title =June incorporations in Jefferson County | work =The Birmingham News | date =July 18, 1995}}</ref> It was founded in June 1995 by Zoë and Marcus Cassimus.<ref name="November 14, 2000">{{cite news | last =Williams | first =Roy L. | title =Zoe's to expand downtown | work =The Birmingham News | date =November 14, 2000}}</ref> Initially, the restaurants were not franchised, and Cassimus retained a 51% ownership stake in all subsequently opened locations.<ref name="November 10, 2002">{{cite news | last =Williams | first =Roy L. | title =Former running back to kitchen coach | work =The Birmingham News | date =November 10, 2002}}</ref> |
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Zoës Kitchen was originally based in [[Homewood, Alabama]] in June 1995 as Zoe's Kitchen Inc.<ref name="July 18, 1995">{{cite news |
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| last = |
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| first = |
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| title =June incorporations in Jefferson County |
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| work =The Birmingham News |
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| date =July 18, 1995}}</ref> It was founded by Zoë and Marcus Cassimus.<ref name="November 14, 2000">{{cite news |
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| last =Williams |
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| first =Roy L. |
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| title =Zoe's to expand downtown |
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| work =The Birmingham News |
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| date =November 14, 2000}}</ref> Originally, the restaurants were not franchised with Cassimus retaining a 51 percent ownership stake in all newly opened locations.<ref name="November 10, 2002">{{cite news |
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| last =Williams |
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| first =Roy L. |
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| title =Former running back to kitchen coach |
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| work =The Birmingham News |
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| date =November 10, 2002}}</ref> |
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The first location opened in October 1995 in downtown Homewood.<ref name="September 21, 1995">{{cite news | last =Harvey | first =Fletcher | title =New Zoe's features healthy menu | work =The Birmingham News | date =September 21, 1995}}</ref> A second location opened in the Riverchase section of [[Hoover, Alabama|Hoover]] in 1999, and a third in downtown Birmingham in March 2001.<ref name="November 14, 2000"/> The restaurant continued expansion with the opening of its first store outside the Birmingham area, with a [[Tuscaloosa, Alabama|Tuscaloosa]] store opening in May 2001 and the first out of state location, [[Nashville, Tennessee|Nashville]], [[Tennessee]] opening in the fall of 2001.<ref name="May 31, 2001">{{cite news | last1 =Williams | first1 =Roy L. <!--| title =Zoe's to open in Tuscaloosa--> | last2 =O'Hara | first2 =Jo Ellen | title =Zoe's debuts its new look when Federal Place restaurant opens | work =The Birmingham News | date =November 7, 2003}}</ref> By 2006, Zoës operated sixteen restaurants, eight located in Alabama and others located in [[Phoenix, Arizona|Phoenix]], [[Nashville, Tennessee|Nashville]], [[Memphis, Tennessee|Memphis]], [[Baton Rouge, Louisiana|Baton Rouge]] and [[Destin, Florida|Destin]].<ref name="May 31, 2006">{{cite news | last =Williams | first =Roy L. | title =Zoe's set to spread wings with stores in more states | work =The Birmingham News | date =May 31, 2006}}</ref> |
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Its first location opened in October 1995 in downtown [[Homewood, Alabama|Homewood]].<ref name="September 21, 1995">{{cite news |
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| last =Harvey |
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| first =Fletcher |
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| title =New Zoe's features healthy menu |
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| work =The Birmingham News |
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| date =September 21, 1995}}</ref> A second location opened in the Riverchase section of [[Hoover, Alabama|Hoover]] in 1999, and a third in downtown Birmingham in March 2001.<ref name="November 14, 2000"/> The restaurant continued its expansion with the opening of its first store outside the Birmingham area in [[Tuscaloosa, Alabama|Tuscaloosa]] in May 2001 and its first out of state location in [[Nashville, Tennessee|Nashville]], [[Tennessee]] in the fall of 2001.<ref name="May 31, 2001">{{cite news |
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| last =Williams |
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| first =Roy L. <!--| title =Zoe's to open in Tuscaloosa--> |
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| last2 =O'Hara |
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| first2 =Jo Ellen |
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| title =Zoe's debuts its new look when Federal Place restaurant opens |
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| work =The Birmingham News |
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| date =November 7, 2003}}</ref> By 2006, Zoës had expanded to sixteen restaurants, with eight located in Alabama and others located in [[Phoenix, Arizona|Phoenix]], [[Nashville, Tennessee|Nashville]], [[Memphis, Tennessee|Memphis]], [[Baton Rouge, Louisiana|Baton Rouge]] and [[Destin, Florida|Destin]].<ref name="May 31, 2006">{{cite news |
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| last =Williams |
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| first =Roy L. |
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| title =Zoe's set to spread wings with stores in more states |
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| work =The Birmingham News |
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| date =May 31, 2006}}</ref> |
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With 20 stores |
With 20 stores in operation by 2007, Cassimus sold a majority ownership stake to [[Brentwood Associates]] of [[Los Angeles, California|Los Angeles]].<ref name="November 2, 2007">{{cite news | last =Goodman | first =Sherri C. | title =Zoe's Kitchen selling big stake Cassimus sees deal as spice for expansion | work =The Birmingham News | date =November 2, 2007}}</ref> Following the purchase, Cassimus announced that he would remain as Chief Executive Officer. The company was still headquartered in Birmingham, and the menu was not affected. Additionally, it was revealed that the sale would potentially result in the opening of 200 new franchises over the next five years.<ref name="November 2, 2007"/> |
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| last =Goodman |
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| first =Sherri C. |
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| title =Zoe's Kitchen selling big stake Cassimus sees deal as spice for expansion |
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| work =The Birmingham News |
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| date =November 2, 2007}}</ref> Following the purchase, Cassimus announced that he would remain as chief executive. The company would still be headquartered in Birmingham, and the menu would not be affected. Additionally, it was revealed that the sale could potentially result in the opening of 200 new franchises over the next five years.<ref name="November 2, 2007"/> By Spring 2008 GE Capital Solutions loaned the company ten million dollars to allow for the development of 50 new stores across the southeast and southwest.<ref name="April 16, 2008">{{cite news |
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| last =Williams |
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| first =Roy L. |
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| title =Finance plan will enable Zoe's to add 50 locations |
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| work =The Birmingham News |
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| date =April 16, 2008}}</ref> |
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In Spring 2008, GE Capital Solutions loaned the company ten million dollars which allowed for the development of 50 new stores across the southeast and southwest.<ref name="April 16, 2008">{{cite news | last =Williams | first =Roy L. | title =Finance plan will enable Zoe's to add 50 locations | work =The Birmingham News | date =April 16, 2008}}</ref> |
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In November 2008, Cassimus resigned with Greg Dollarhyde taking his place as CEO.<ref name="December 10, 2008">{{cite news |
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| last =Williams |
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| first =Roy L. |
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| title =Zoe's new CEO wants to grow the eatery's brand |
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| work =The Birmingham News |
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⚫ | |||
⚫ | In November 2008, Cassimus resigned, and Greg Dollarhyde, the former CEO of [[Baja Fresh]], replaced him.<ref name="December 10, 2008">{{cite news | last =Williams | first =Roy L. | title =Zoe's new CEO wants to grow the eatery's brand | work =The Birmingham News | date =December 10, 2008}}</ref> Dollarhyde announced that he would be looking to expand the restaurant to new locations, with two-thirds remaining company owned and the remainder being franchised.<ref name="December 10, 2008" /> |
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As of August 2011, Zoës has 11 franchised stores, and the rest are company-owned. President [[Kevin Miles (CEO)|Kevin Miles]] announced that Zoës would consider multi-unit franchisees in the future. |
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Zoës launched online ordering in 2011 and a mobile |
Zoës launched an online ordering service in 2011, and a mobile app in 2013.<ref>{{cite web |last=Cansler |first=Cherryh |title=Zoës Kitchen launches mobile app |website=FastCasual.com |date=2013-03-06 |url=https://www.fastcasual.com/articles/zoes-kitchen-launches-mobile-app/ |accessdate=2024-06-03}}</ref> |
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Miles promised that the company would |
Miles promised that the company would remain headquartered in [[Birmingham, Alabama|Birmingham]] in 2011.<ref>{{cite web |url=http://www.bizjournals.com/dallas/print-edition/2011/09/09/commercial-real-estate-zoes-set-to.html |title=Zoës Kitchen set to add up to 5 spots |work=[[Birmingham Business Journal]] |access-date=21 November 2021 |first=Steven R. |last=Thompson |date=September 9, 2011}}</ref> However, when the company announced that it would be publicly traded in 2014,<ref>{{cite web |url=http://www.bizjournals.com/birmingham/news/2014/03/11/zo-s-kitchen-files-ipo-looks-to-raise-80-5.html |title=Zoës Kitchen files IPO, looks to raise $80.5M |work=[[Birmingham Business Journal]] |access-date=21 November 2021 |first=Ty |last=West |date=March 11, 2014}}</ref> [[Securities Exchange Commission|SEC]] filings showed the headquarters as [[Plano, Texas]].<ref>{{cite news |url=http://www.bizjournals.com/birmingham/news/2014/03/18/why-zo-s-kitchen-moved-its-hq-from-birmingham.html |title=Why Zoës Kitchen moved its HQ from Birmingham |work=[[Birmingham Business Journal]] |access-date=21 November 2021 |date=March 18, 2014}}</ref> Reasons given for the shift included simplifying travel, a lack of talent available in Birmingham, and the need to consolidate offices to prepare for an [[IPO]]. |
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In August 2018, Zoës was acquired by Cava Group, Inc. for $ |
In August 2018, Zoës was acquired by Cava Group, Inc. for $300 million, having offered $12.50 for each outstanding share.<ref>{{cite web |last=Whitten |first=Sarah |title=Here's why you need to pay attention to Cava's acquisition of Zoes Kitchen |website=CNBC |date=2018-08-07 |accessdate=2024-06-03 |url=https://www.cnbc.com/2018/08/17/pay-attention-to-cavas-proposed-acquisition-of-zoes-kitchen.html}}</ref> [[Cava (restaurant)|Cava Group]] is a publicly traded company under the ticker CAVA. |
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On September 24, 2018, American Airlines announced that Zoe's Kitchen will be the primary food partner to serve the light snack and food items in their aircraft's main cabin seats.<ref>{{Cite |
On September 24, 2018, American Airlines announced that Zoe's Kitchen will be the primary food partner to serve the light snack and food items in their aircraft's main cabin seats.<ref>{{Cite press release |url=http://news.aa.com/news/news-details/2018/Take-a-Bite/default.aspx |title=Take a Bite: American Airlines and Zoës Kitchen Add New Flavors to the Main Cabin Menu |work=[[American Airlines]] |date=September 24, 2018}}</ref> |
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In January 2023, Zoës closed their Crestline Village location in [[Mountain Brook, Alabama|Mountain Brook]], which made the downtown Birmingham location the last remaining Zoës in the Birmingham metro area.<ref>{{Cite web |last=Thornton |first=William |date=2023-01-03 |title=Zoe's Kitchen in Mountain Brook closes: 1 left in Birmingham area |url=https://www.al.com/news/2023/01/zoes-kitchen-in-mountain-brook-closes-1-left-in-birmingham-area.html |access-date=2023-02-14 |website=al |language=en}}</ref> Two Birmingham locations were converted into [[Cava (restaurant)|CAVA]] franchises, including the original [[Homewood, Alabama|Homewood]] location. Shortly after the closure of the Crestline location, Cassimus announced that his family, in partnership with the Cava Group, would be taking over the Crestline location to bring back the original Zoës menu from 1995.<ref>{{Cite web |last=Koplowitz |first=Howard |date=2023-01-12 |title=Zoe's Kitchen coming back to Crestline Village under original owners |url=https://www.al.com/news/birmingham/2023/01/zoes-kitchen-coming-back-to-crestline-village-under-original-owners.html |access-date=2023-02-14 |website=al |language=en}}</ref> |
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==Locations== |
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As of June 2022, Zoës Kitchen has 90 locations throughout fifteen [[U.S. state|states]] of the [[United States]].<ref>{{Cite web|url = https://zoeskitchen.com/locations/sitemap|title=Location Search - Zoës Kitchen|website=zoeskitchen.com}}</ref> |
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==References== |
==References== |
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==External links== |
==External links== |
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* {{Official website| |
* {{Official website|https://web.archive.org/web/20230424030103/https://zoeskitchen.com/|Last version of Official Website (April 2023)}} |
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* [http://www.zoeskitchencorporate.com/ Zoës Kitchen Corporate] |
* [https://web.archive.org/web/20090505202541/http://www.zoeskitchencorporate.com:80/ Last version of Zoës Kitchen Corporate (May 2009)] |
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* [https://www.zoeskitchenbhm.com/ 2023 website of revived company] |
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{{DEFAULTSORT:Zoes Kitchen}} |
{{DEFAULTSORT:Zoes Kitchen}} |
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[[Category:Economy of the Southeastern United States]] |
[[Category:Economy of the Southeastern United States]] |
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[[Category:Economy of the Southwestern United States]] |
[[Category:Economy of the Southwestern United States]] |
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[[Category: |
[[Category:Defunct restaurant chains in the United States]] |
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[[Category:Fast-food chains of the United States]] |
[[Category:Fast-food chains of the United States]] |
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[[Category:Restaurants established in 1995]] |
[[Category:Restaurants established in 1995]] |
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[[Category:2014 initial public offerings]] |
[[Category:2014 initial public offerings]] |
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[[Category:2018 mergers and acquisitions]] |
[[Category:2018 mergers and acquisitions]] |
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[[Category:Mediterranean restaurants]] |
Latest revision as of 16:49, 3 June 2024
This article contains promotional content. (June 2016) |
Company type | Subsidiary |
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Industry | Restaurants |
Genre | Fast Casual |
Founded | June 1995 Homewood, Alabama, U.S. | (as Zoe's Kitchen, Inc.)
Founder | Marcus Cassimus Zoë Cassimus |
Defunct | May 27, 2023 |
Fate | Acquired by Cava Group |
Successor | Cava |
Headquarters | |
Area served | United States |
Products | Sandwiches Pitas Salads Soups Kabobs Other food products |
Parent | Cava Group |
Website | www |
Zoës Kitchen was a Mediterranean Style restaurant chain, and a subsidiary of the Cava Group.[1] Their headquarters were located in Plano, Texas. In 2013, the chain had grown to host over 200 locations across 17 states,[citation needed] however, acquisition by Cava Group resulted in a reduction of Zoe's locations (some replaced by Cava restaurants). As of late December 2022, only 35 locations in 13 states remained.[2] At the rate of closure in 2022, it was expected that the chain would cease operations by 2023.
In March 23, 2023 there was exactly one location remaining.[3] As of May 2023, the URL zoeskitchen.com redirects to cava.com, indicating the closure of all former locations.
History
[edit]Zoës Kitchen was originally based in Homewood, Alabama as "Zoe's Kitchen Inc".[4] It was founded in June 1995 by Zoë and Marcus Cassimus.[5] Initially, the restaurants were not franchised, and Cassimus retained a 51% ownership stake in all subsequently opened locations.[6]
The first location opened in October 1995 in downtown Homewood.[7] A second location opened in the Riverchase section of Hoover in 1999, and a third in downtown Birmingham in March 2001.[5] The restaurant continued expansion with the opening of its first store outside the Birmingham area, with a Tuscaloosa store opening in May 2001 and the first out of state location, Nashville, Tennessee opening in the fall of 2001.[8] By 2006, Zoës operated sixteen restaurants, eight located in Alabama and others located in Phoenix, Nashville, Memphis, Baton Rouge and Destin.[9]
With 20 stores in operation by 2007, Cassimus sold a majority ownership stake to Brentwood Associates of Los Angeles.[10] Following the purchase, Cassimus announced that he would remain as Chief Executive Officer. The company was still headquartered in Birmingham, and the menu was not affected. Additionally, it was revealed that the sale would potentially result in the opening of 200 new franchises over the next five years.[10]
In Spring 2008, GE Capital Solutions loaned the company ten million dollars which allowed for the development of 50 new stores across the southeast and southwest.[11]
In November 2008, Cassimus resigned, and Greg Dollarhyde, the former CEO of Baja Fresh, replaced him.[12] Dollarhyde announced that he would be looking to expand the restaurant to new locations, with two-thirds remaining company owned and the remainder being franchised.[12]
Zoës launched an online ordering service in 2011, and a mobile app in 2013.[13]
Miles promised that the company would remain headquartered in Birmingham in 2011.[14] However, when the company announced that it would be publicly traded in 2014,[15] SEC filings showed the headquarters as Plano, Texas.[16] Reasons given for the shift included simplifying travel, a lack of talent available in Birmingham, and the need to consolidate offices to prepare for an IPO.
In August 2018, Zoës was acquired by Cava Group, Inc. for $300 million, having offered $12.50 for each outstanding share.[17] Cava Group is a publicly traded company under the ticker CAVA.
On September 24, 2018, American Airlines announced that Zoe's Kitchen will be the primary food partner to serve the light snack and food items in their aircraft's main cabin seats.[18]
In January 2023, Zoës closed their Crestline Village location in Mountain Brook, which made the downtown Birmingham location the last remaining Zoës in the Birmingham metro area.[19] Two Birmingham locations were converted into CAVA franchises, including the original Homewood location. Shortly after the closure of the Crestline location, Cassimus announced that his family, in partnership with the Cava Group, would be taking over the Crestline location to bring back the original Zoës menu from 1995.[20]
References
[edit]- ^ Klein, Danny (August 2018). "Cava Buys Zoes Kitchen in $300 Million Deal". QSR magazine. Retrieved 2022-07-20.
- ^ "Locations Sitemap". Retrieved 2022-12-24.[dead link ]
- ^ "Zoe's Kitchen Locations". Zoe's Kitchen. Retrieved 23 March 2023.[dead link ]
- ^ "June incorporations in Jefferson County". The Birmingham News. July 18, 1995.
- ^ a b Williams, Roy L. (November 14, 2000). "Zoe's to expand downtown". The Birmingham News.
- ^ Williams, Roy L. (November 10, 2002). "Former running back to kitchen coach". The Birmingham News.
- ^ Harvey, Fletcher (September 21, 1995). "New Zoe's features healthy menu". The Birmingham News.
- ^ Williams, Roy L.; O'Hara, Jo Ellen (November 7, 2003). "Zoe's debuts its new look when Federal Place restaurant opens". The Birmingham News.
- ^ Williams, Roy L. (May 31, 2006). "Zoe's set to spread wings with stores in more states". The Birmingham News.
- ^ a b Goodman, Sherri C. (November 2, 2007). "Zoe's Kitchen selling big stake Cassimus sees deal as spice for expansion". The Birmingham News.
- ^ Williams, Roy L. (April 16, 2008). "Finance plan will enable Zoe's to add 50 locations". The Birmingham News.
- ^ a b Williams, Roy L. (December 10, 2008). "Zoe's new CEO wants to grow the eatery's brand". The Birmingham News.
- ^ Cansler, Cherryh (2013-03-06). "Zoës Kitchen launches mobile app". FastCasual.com. Retrieved 2024-06-03.
- ^ Thompson, Steven R. (September 9, 2011). "Zoës Kitchen set to add up to 5 spots". Birmingham Business Journal. Retrieved 21 November 2021.
- ^ West, Ty (March 11, 2014). "Zoës Kitchen files IPO, looks to raise $80.5M". Birmingham Business Journal. Retrieved 21 November 2021.
- ^ "Why Zoës Kitchen moved its HQ from Birmingham". Birmingham Business Journal. March 18, 2014. Retrieved 21 November 2021.
- ^ Whitten, Sarah (2018-08-07). "Here's why you need to pay attention to Cava's acquisition of Zoes Kitchen". CNBC. Retrieved 2024-06-03.
- ^ "Take a Bite: American Airlines and Zoës Kitchen Add New Flavors to the Main Cabin Menu". American Airlines (Press release). September 24, 2018.
- ^ Thornton, William (2023-01-03). "Zoe's Kitchen in Mountain Brook closes: 1 left in Birmingham area". al. Retrieved 2023-02-14.
- ^ Koplowitz, Howard (2023-01-12). "Zoe's Kitchen coming back to Crestline Village under original owners". al. Retrieved 2023-02-14.
External links
[edit]- Restaurants in Birmingham, Alabama
- Economy of the Southeastern United States
- Economy of the Southwestern United States
- Defunct restaurant chains in the United States
- Fast-food chains of the United States
- Restaurants established in 1995
- 1995 establishments in Alabama
- Fast casual restaurants
- Companies formerly listed on the New York Stock Exchange
- Companies based in Plano, Texas
- 2014 initial public offerings
- 2018 mergers and acquisitions
- Mediterranean restaurants