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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.
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%.
Domino’s half-year profit down, eyes delivery growth to counter labour pressures
The company expects to reach $4 billion in global food sales this year.
Retail Food Group’s first-half profit up 31.4%
The group saw higher average spend and its international business bouncing back.
Ahead of £600m flotation plan, Burger King UK owner adds third investment bank to advisers
The initial public offering is reportedly slated to take place in the first half of the year.
Caffè Nero acquires remaining stake in Coffee#1
The coffee chain is expected to continue to operate as a standalone brand alongside the group’s other brands.
Mom's Touch closes all Singapore outlets operated by No Signboard
No Signboard's wholly-owned subsidiary Hawker QSR operates Mom's Touch fast-food restaurants in Singapore.
Yum China grows sales despite Delta outbreaks
Net income increased 26% to US$990 million.
No Signboard applies for extension for AGM, filing of financial results
The company and its board have been in talks with substantial shareholders for financial support.
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Event News
Event News
Innovations in QSR could be rolled out in months thanks to Gen AI
![Innovations in QSR could be rolled out in months thanks to Gen AI]()
Executive insights
Key AI applications include predictive forecasting, finance automation, and personalisation.
Key AI applications include predictive forecasting, finance automation, and personalisation.
Commentary
People want experiences – but not at the cost of food & beverage