Former McDonald’s Executive Seeking to Expand Healthy Fast Food Alternative
Sep 17, 2012 03:51 PM EDT | By Tom Johnson
Former global president and chief operating officer of McDonald's, Mike Roberts, has decided to use his 30 years of experience at his previous employer to create a chain of healthy fast food restaurants.
After Roberts left McDonald's in 2006, he has kept busy raising some $15 million from over 120 investors in order to kick off his healthy alternative in fast food, LYFE Kitchen, Bloomberg Businessweek reports.
LYFE is an acronym for Love Your Food Everyday, and Roberts says the restaurant was founded under the premise that healthy food can taste good, cost less, and be produced quickly. He founded the chain together with investment banker Stephen Sidwell as well as former McDonald's chief communications officer, Mike Donahue.
Like Us on Facebook
The first restaurant opened its doors in 2011 in Palo Alto, CA, but the company already has plans to open at least 10 new restaurants in the next year in cities such as Chicago and New York.
In an interview with Businessweek, Roberts said been working to bring farmers, growers and restaurateurs together, and the menu will vary depending on local produce. "That's what I am about," Roberts said.
Food distributor Sysco Corp's executives are in talks with the U.S. Federal Trade Commission to salvage the company's attempt to buy its smaller rival US Foods Inc, the New York Post reported.
The year 2014 is all about healthy dining. Our reporters were on the ground for the top health food trends for the year.
Spice Lovers Can Try It Out Now … Starting In The Kansas City Area!
Food prices have risen by an average of 24 percent across the three countries worst hit by the Ebola outbreak, forcing some families to reduce their intake to one meal a day, the World Food Program (WFP) said on Friday.
Do you struggle to sleep for hours or do you wake up in the middle of the night and ends up wide awake until it's already time for you to get up?
The Centers for Disease Control and Prevention confirmed Sunday that a nurse at a Dallas hospital who cared for Thomas Eric Duncan, who died from Ebola last week, was the first person to become infected with the virus on U. S. soil.