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McDonald’s China owners plans $4b exit: report

The owners bought the business six years ago.

McDonald’s China owners plans $4b exit: report

The owners bought the business six years ago.

Domino’s UK appoints new chief

He was previously the CEO of Australia, France and Belgium operations.

KFC Australia revenues surges 10%, eyes 12 more restaurants for 2024

The fast-food brand also reported surpassing $1b in revenue for the first time.

Retail Food Group’s head of retail named CEO

The appointment takes effect on 1 July.

Cater Group goes into administration

The group operates the Lime Mexican Tapas Restaurant and Bar.

Rosa’s Thai gains £10m Barclays backing 

The fresh funds will be used for its pipeline of new openings.

Singapore’s Flash Coffee bags $50m in Series B funding round

The brand plans to further its expansion plan with these fresh funds.

KFC India operator suffers 57% quarter earnings loss

Same-store sales in the operator's Pizza Hut operations also dropped 4%.

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.