Qdoba Featured in Shopping Center Magazine

Qdoba was recently featured in an article published in Shopping Center Business Magazine, entitled, “Wanting More.” The article was built from an in-depth interview with Todd Owen along with various photos of Qdoba. The article discusses Qdoba’s ability to reach the 500-unit milestone despite the economic climate and their strategy in reaching this major accomplishment. Additionally the article delves into Qdoba’s expansion plans into 2010 and who they are looking to grow with. Below is a sample of the article along with a link to the article in its entirety.

Wanting More
Even as Qdoba Mexican Grill reaches the 500-unit milestone, the brand is itching for broader, more rapid growth.
By Lindsay Sport

In September 2009, Qdoba Mexican Grill reached an important milestone in the brand’s 14-year history with the opening of its 500th location in Centennial, Colorado. Founded in Denver in 1995, the fast-casual Mexican kitchen and wholly owned subsidiary of Jack in the Box, Inc., has seen rapid growth, with more than 400 of its locations launched within the last 7 years.

But with current economic obstacles slowing development across the real estate industry, even brands such as Qdoba are feeling the effects. And while a growth rate of 40 restaurants projected to open in 2010 is still a sizeable expansion, Todd Owen, vice president of franchise development for Qdoba, says he wishes for more.

“No doubt the economy has significantly impacted most businesses and slowed us down a bit,” says Owen. “The slowdown in new construction is not allowing us to proceed with development as fast as we did in the past.”

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