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Pret A Manger swings back to profitability as chain gets boost beyond city centres
May saw revenue across the UK surpass 2019 levels for the first time.
Pret A Manger swings back to profitability as chain gets boost beyond city centres
May saw revenue across the UK surpass 2019 levels for the first time.
Collins Foods posts positive sales as European business rebounds
The operator’s KFC restaurants in Australia reported a 6.1% increase in revenue growth to $955.5 million.
Pizza Hut Australia owner taps bankers to ready potential buyers — report
Allegro Funds is preparing to auction the pizza franchise.
Just Eat Takeaway bosses readying for multi-billion dollar writedown on Grubhub sale — report
It announced last month that it is actively working with advisers to find a strategic partner for a partial or full sale of Grubhub.
Tortilla gobbles Mexican chain Chilango for £2.75m
The listed group described Chilango as a “highly complementary brand.”
Luckin Coffee now bigger than Starbucks in China
The scandal-tainted startup is staging a comeback.
Japan Foods’ H2 profit up 46.4% to S$4.9m
Chief executive and chairman Takahashi Kenichi said the group’s performance and responses to its halal brands have been “extremely” encouraging.
Max’s Group Q1 earnings dip 88% amidst lockdown restrictions
The company expanded its reach and market by exploring other channels, such as cloud kitchens, retail outlets, and e-commerce platforms.
Greggs sales lagging in city centre locations as more Brits shift to WFH
The bakery chain reported a 27% rise in UK sales.
Creams CEO steps down as majority shareholder increases stake
The co-founders will move away from the business’s day-to-day operations to focus their experience in “key” strategic areas.
Magellan Financial Group agrees to sell stake in Guzman y Gomez
The transaction is expected to be completed in two tranches in June and July, generating an estimated pre-tax profit on the sale of $34 million in...
Just Eat Takeaway board ‘torpedoed’ share price by providing misleading outlook before Grubhub takeover, activist shareholder says
Investors should vote to fire the board, Cat Rock Capital said.
Domino’s China operator files for Hong Kong listing
DPC revealed plans to open 120 new stores this year.
Yum China expands share repurchase plan
The company earlier said it might delist from the New York Stock Exchange by 2024.
YO! Sushi owner strengthens adviser line-up ahead of eyed £750m listing: report
Barclays and Peel Hunt have reportedly been hired to work on the potential listing of Snowfox Group.
Caffè Nero now trading at 90% of pre-pandemic levels, founder says
The first-half of FY22 also saw Caffè Nero experiencing sales increases in its new distribution channels.
ST Group gets majority control of Papparich Australia
The group has increased its equity interest in PAPL to 90%.