Executives announce plan to cut up to $50 million in costs.

The QSR continues to grow and build around the US.

The expansion of Somma’s sales team will be effective April 29.

The fast-casual franchise has more than 1,500 locations open and under development.

The company works to grab a bigger market share by changing its strategy.

Bakery-cafe chain plans to expand delivery service to 35 to 40 percent of locations by year end.

The company says activist investor Marcato “has no credible plan.”