News

Philippines' Figaro Coffee Group reports 36% surge in after tax net profit in 2024

The group’s growth was boosted by the expansion of its pizza business.

How consumer trends and tech are shaping Singapore’s foodservice

F&B business closures rose by 19.7% in the last nine months.

Macca’s debuts The Elf on the Shelf happy meal

It will be available from 20 November to 25 December whilst stocks last.

Tim Hortons China’s net loss narrows to US$12.5m in Q3 2024

Adjusted corporate EBITDA was a gain of US$300,000.

Hungry Jack’s launches the Whopper-Coaster in new NSW restaurant

The new location is the second Hungry Jack’s restaurant in Australia to feature the Whopper-Coaster.

Soul Origin unveils rebrand in new Parramatta store

They will be giving away free coffee and ice cold drinks on 21 November to celebrate the new opening.

Subway to rollout new restaurant design in 2025

EMEA franchisees were one of the early adopters of the new design.

Bakery and cafe chain PAUL UK signs new franchise deal for Southeast rollout

The brand plans to open 10 new bakeries across Southeast of England.

KFC Youth to be the official charity partner for the BBL New Year’s Bash

The foundation supports Aussie youth's mental health and wellbeing.

Bread Ahead expands to the Philippines with SFRI partnership

SFRI plans to open 15 bakery locations and a bakery school.

Oakberry unveils new beverage menu

It will be available on 23 November.

Dubai-headquarted Chicking sets to expand in Scotland

The brand aims to open 30 outlets over the next three years.

Banana Tree launches new menu

The new menu includes Duck Gyoza, Teriyaki Steak Soba, Gochujang Chicken Bowls, and Vegan Lemak Curry.

Just Eat Takeaway.com sells Grubhub to Wonder for US$650m

Completion of the transaction is expected to be done in Q1 2025.