News
Caffè Nero group completes debt refinancing
This effectively ends a takeover bid from the Issa brothers' EG Group.
Caffè Nero group completes debt refinancing
This effectively ends a takeover bid from the Issa brothers' EG Group.
Pret A Manger to increase pay this April
The company will invest over £9.2 million to raise hourly rates amidst sector-wide labour shortages.
Hong Kong’s Hyakunousha eyes 10,000 stores for new omusubi concept
The company expects approximately 50,000 jobs to be created as a result.
KFC China’s ‘blind boxes’ promo slammed for ‘causing food waste’, overspending
The promotional boxes have sold out, partly due to scalpers reselling the toys for higher prices.
Subway sees climb in cookie sales
The sandwich chain sold almost 357,900 additional cookies in 2021 compared to 2020.
Weekly Global News Wrap: Starbucks to spend US$1.5 with diverse suppliers; Domino’s to change value offers amidst rising costs; Taco Bell launches subscription deal
Here is a summary of the most interesting news stories of the week from around the world.
Subway to launch footlong-themed pool toys
Last December, the brand teamed up with Budgy Smuggler to create Footlong and Six-Inch swimwear.
Baskin-Robbins opens first unmanned, contactless store in South Korea
The unmanned store chain, located in Wirye New Town, is selling about 120 kinds of products.
McDonald's Taiwan halts sales of hash browns due to supply chain issues
The fast food chain estimates that stocks will be replenished by late January.
Shake Shack to open ten additional stores in Malaysia by 2031
The chain now expects to have more than 45 Shake Shacks across Korea, Singapore, and Malaysia that year.
UK’s HungryPanda acquires Asian food delivery platform Easi
Founded in 2017, it already has a presence in ten countries, including the US, UK and Australia.
Schnitz launches take on Vegemite parmy
This was inspired by tennis player Ash Barty, who coined the feed the "unofficial dish" of the Aussie Open.
Gelatissimo seeking development and franchising head to lead domestic growth plans
It is eyeing an additional 10 new store openings in Australia.
LEON ramps up expansion goals, eyes 50 new sites this year
The move is expected to create 1,000 jobs and 4,000 over the next three years.
Plant-based fish and chips, pepperoni pizza amongst items launched for Veganuary
Deliveroo, meanwhile, reported a 117% surge in plant-based ordering across the UK since Veganuary 2021.
SSP Group sees strengthened trading ahead despite 2021 sales drop
Sales in December 2021 ran at approximately 63% of 2019 levels.
Burger King UK acquires 12 new restaurants from franchise partners
The group now directly owns almost a third of the chain’s roughly 530 UK restaurants.