Operations
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.
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.
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.
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.
Pizza Hut Australia owners on the hunt for targets with ‘wrinkles’: report
Founding partner Chester Moynihan thinks there is fertile ground for private equity over the next few months, according to the Financial Review.
McDonald’s Indonesia halts large fries sales due to supply disruptions
This follows similar announcements in Japan and Malaysia.
Delicious Pho opens first UK restaurant
The chain seats 134 people and is available for both dine-in and takeaway.
TGI Fridays to open 87th UK restaurant in Chelmsford
It will bring 70 full time and part time jobs to the area.
The Habit Burger Grill to open fifth restaurant in Cambodia
The chain opened its first location in Cambodia in October 2020.
Starbucks China sees 14% dip in Q1 sales
The coffee giant’s global CEO acknowledged the impact of soaring inflation, higher worker costs and the impact of the Omicron variant on the business...
Wagamama to fully reopen five London restaurants as customers go back to offices
The chain said the reopening demonstrates their “confidence after the lockdowns and the need to meet demand for their iconic dishes.”
Off-premise sales boost DP Eurasia’s FY21 performance
Whilst there has been an increase in daily new COVID-19 cases since December, the company said it is subject to any material operational constraints.
New Zealand’s Restaurant Brands sees sales exceed $1bn
Its California business played a significant role in the company’s performance.
Burger King set to reach 150 restaurants in Japan
The brand expects to increase the number of stores in Japan to 200 in 2023.
Honest Burgers opens store with entirely plant-based menu
The “V Honest” concept offers four recipes using a plant burger and two using faux-chicken.
Deliveroo reports 36% rise in Q4 gross transaction value
This is despite a difficult yearly comparison when new lockdown restrictions were coming into force.
Fourth-quarter openings deliver positive signs for hospitality as Plan B restrictions set to end
Licensed premises recorded a 1.6% net increase in the last three months.
Guzman y Gomez to open 20th VIC restaurant
This follows a recent hiring spree where they offered over 4,000 jobs.
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FULL LIST: Winners of the QSR Media Asia Tabsquare Awards 2024
![FULL LIST: Winners of the QSR Media Asia Tabsquare Awards 2024]()
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16 awards were given to the best brands with the most game-changing initiatives.
16 awards were given to the best brands with the most game-changing initiatives.
