News
Caffè Nero acquires remaining stake in Coffee#1
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.
Guzman y Gomez launches ‘clean’ chocolate sauce
The new item is designed as a dipping sauce for their churros but customers can buy a solo tub for $2.
Pizza Hut Australia to host two-day e-sports tournament
The two winning teams of the double elimination-style tournament will win $5,000 in cash each.
Wahlburgers opens first Australian store
The site is part of an initial 20-store plan across Australia and New Zealand.
Weekly Global News Wrap: McDonald’s, Panera entering the Metaverse; Chipotle not seeing ‘Great Resignation’ effects; Doordash starts financing arm
Here is a summary of the most interesting news stories of the week from around the world.
Jollibee earmarks U$347m in capex after going back to profitability
The company, which has 17 brands in 34 countries, plans to add 500 new stores this year.
Domino’s plays Cupid anew with pizza proposal service
The complimentary service will be available from February 10, with all orders to be delivered on February 14.
KFC Singapore eyes 40% increase in breakfast sales over next three years
The chain has been seeing success in introducing new items for the daypart.
Pret A Manger to share transformation programme insights at the QSR Media UK Conference and Awards
Guy Meakin, Pret’s interim managing director for UK and Ireland, will speak at the event, happening on June 28.
German Doner Kebab to open 78 UK restaurants in 2022
The chain is also set to open sites in North America.
Papa John’s opens restaurant in Nottingham
The chain continues to seek multi-unit franchisees or those keen on opening up in a ‘non-traditional’ location.
Burger King terminates Ibersol contract for brand development in Portugal
Ibersol noted there was not a proper assessment of the limitations faced by companies due to the pandemic.
Fridays targets apprentices as it launches refreshed scheme
Every apprentice will have access to an online learning platform that includes a tailored learning plan, e-learning resources and a ‘skills radar’ to track progress against various milestones.
SSP Group sees sales “trending positively” in recent weeks
Should there be no further government restrictions being introduced, the company said it is well-positioned to trade in summer.
Easing of COVID restrictions nudges up out-of-home drinks sales
CGA is cautiously optimistic that pubs, bars and restaurants can build their sales over the coming weeks.
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.