News
Jamaica Blue redesigs cafes to cater to short, medium, and long stay customers
The brand also invested in new coffee-making equipment to make serving faster.
Social Media Wrap: Oliver's expand meal deal drink ranges; Roll'd unveils new recruitment programme; Krispy Kreme holds pop-up for Pistachio Papi collaboration
Find out what QSRs have been up to on social media this week.
Weekly Global Wrap: Chipotle uses AI in hiring spree; KFC moves to Texas; Jollibee launches exclusive US drink ranges
Here is a summary of the most interesting QSR news stories of the week globally.
Bubble tea chain Mixue targets $444m in Hong Kong IPO
The IPO is priced at HK$202.50 per share.
Redcat partners with Armitage to bolster long-term growth
It aims to support Redcat’s ongoing investment in its team and technology.
Doner Shack debuts pop-up booth in Qatar
It will be operating until 22 February.
The Nero Group posts £537m in sales for FY2024
Caffè Nero UK increased its sales by 10% to £333m.
Firehouse Subs addition positions RFG for long-term growth, analysts say
The group’s QSR brands remained challenging but saw early signs of stabilisation.
Luckin Coffee’s net revenue surges by 38% YoY in FY2024
Total number of stores increased by 37.5% YoY to 22,340.
Oakberry unveils new Choc Hazelnut spread topping
The new topping can be added to any acai bowl.
Domino’s Group CFO retires
Richard Coney bows out after 30 years of service.
Restaurant Brands International buys back Burger King China
The transaction price was approximately $158m in cash.
The Coffee Bean & Tea Leaf expands in India with new Delhi store
The brand aims to open 250 stores nationwide over the next five years.
Subway trials jacket potatoes Spudway
The Spudway will only be until 15 April in over 170 UK restaurants.
Retail Food Group reports $7.3m net profit in H1
Underlying revenue went up 24.7%
Analyst warns £3.4b additional business cost in hospitality sector
Industry leaders have warned of the need for operators to raise prices by 6% to 8%.