Content about Arby

September 4, 2012

Grocery parent Delhaize said it has named former Wendy’s and Arby’s CEO Roland Smith as president and CEO of Delhaize America and executive VP of Delhaize Group.

Salisbury, N.C. -- Grocery parent Delhaize said Friday it has named former Wendy’s and Arby’s CEO Roland Smith as president and CEO of Delhaize America and executive VP of Delhaize Group. Smith succeeds retiring CEO Ronald C. Hodge, effective Oct. 15.

Hodge will continue to serve the company in an advisory capacity.

Delhaize America operates supermarkets under the Food Lion, Hannaford and Sweetbay banners.
 

January 20, 2011

Wendy's/Arby's Group said Thursday it plans to sell off its struggling Arby's quick-serve chain to focus on the Wendy's hamburger business.

Dublin, Ohio -- Wendy's/Arby's Group said Thursday it plans to sell off its struggling Arby's quick-serve chain to focus on the Wendy's hamburger business.

The two fast-food chains were combined when Triarc Cos., Arby's parent, bought Wendy's for $2.2 billion in 2008 to create the third-largest publicly held fast-food chain.

Arby's generated about 30% of the company's sales in its third quarter.

At least one analyst feels the sale could bring in $400 million to $600 million.