Togo’s Sandwiches former CEO retakes the helm

Group 1 - Togo's has appointed Glenn Lunde as the new CEO, returning to the position after a previous tenure where he improved the brand's competitive position in the fast casual segment [7] - The company aims to enhance its loyalty program, digital capabilities, and delivery services under Lunde's leadership, while also focusing on franchised growth and entering new markets [3][4] - Currently, Togo's has 170 units open or under development, with a decline in store count from 169 units at the start of 2022 to 150 units by the end of 2024 [4] Group 2 - The brand has lost 13 franchised units but has seen an increase of three company-owned units in 2024, with projections for six new franchised openings this year [4] - Franchisees have been remodeling stores to a 3.0 Speedline format since 2018, which has resulted in higher average unit volumes compared to non-remodeled units [5] - Lunde emphasizes the importance of fresh ideas, menu innovation, and smart growth strategies to ensure Togo's stands out in the market [6]