Staff Reporter
Jollibee earmarks U$347m in capex after going back to profitability
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.
Yum China grows sales despite Delta outbreaks
Net income increased 26% to US$990 million.
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.
Shopper confidence at ‘lowest levels’ despite removal of COVID-19 restrictions
89% or nearly nine out of ten shoppers expect food prices to rise.
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.
Singapore’s F&B sales up 7.4% in December
Total sales value of F&B services in December was estimated at S$855 million.
The Cheesecake Shop sold to Australia-based investment firm River Capital
PAG Asia Capital owned the business for about five years.
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.
Grill’d launches two 100% plant-based restaurants
The chain is also bringing back its Meat-Free Mondays promotion.
Commentary
The Customer Retention Revolution: The predictive approach to preventing churn