Staff Reporter

Beverages drive Australian foodservice growth as QSR leads serving gains

Seven in 10 foodservice meals in Australia included beverages.

Jersey Mike’s announces IPO plans

The group has said it has confidentially submitted a draft registration to the SEC.

UAE investor EIIC takes minority stake in Joe & The Juice

The transaction values Joe & The Juice at $1.8b.

Uber buys Prosus stake in Delivery Hero for $318.06m

The tech-based platform is buying 4.5% shares from Prosus.

Sticks’n’Sushi launches Japanese Rice Lager with Mikkeller

It features light rice and citrus flavours, a mild sweetness, and a clean finish.

KFC drops 60-piece Popcorn Chicken bucket for £5.99

It is available until 17 May, whilst supplies last.

Franco Manca to undertake a CVA

The group cites higher payroll taxes, no rate relief, and higher UK VAT than in Europe as the reason.

Korea regulator approves Jollibee Group unit’s Shabu All Day takeover

Once completed, the acquisition is expected to increase group revenue by about 2% annually.

Potato Corner parent sees profit fall 20% in FY2025

Sales were impacted by softer consumer spending in the latter half of the year.

Jollibee-backed Compose Coffee debuts in Taiwan

The coffee chain is set to make its Philippine launch this year.

Hospitality spending dips in March despite annual growth trend

Three in five are cutting back on eating out at restaurants.