Staff Reporter
McDonald’s UK records a net profit of £35m in 2023
McDonald’s UK records a net profit of £35m in 2023
The company’s turnover sales also increased by 14.9% to £1.8b.
HEYTEA opens first concept store in Myeongdong, Seoul
The concept was inspired by the Chinese literature "Lofty Mountains and Flowing Streams.”
Hospitality insolvencies drop 16% MoM in August 2024
It also went down by 29% YoY.
Social Media Wrap: Chatime's Red Bull Summer edition collab; El Jannah Australian Open debut; Taco Bell drops $10 deal
Find out what QSRs have been up to on social media this week.
Compass One acquires Peabodys Coffee
It also plans to launch new cafes at seven hospital sites.
Weekly Global Wrap: Popeyes Thanksgiving turkey promo returns; Trump serves fries at McDonald's; Pizza Hut debuts personal pan pizza kiosks
Here is a summary of the most interesting QSR news stories of the week globally.
Social Media Wrap: Bella Italia to give away 2,000 pasta dishes; Zambrero’s new chicken flavour; Papa John’s launch Call of Duty bundle
Find out what QSRs have been up to on social media this week.
Chick-fil-A to open restaurant in Singapore, first in Asia
The expansion plan includes a long-term investment of $98.5m over the next decade.
Chipotle invests US$100m in Lumachain and Brassica
This minority investment is done through Chipotle’s Cultivate Next venture fund.
Taco Bell to open first International equity-owned restaurant in Ipswich
It will be open on 22 October.
McDonald’s Halloween Boo Buckets debuts in Australia
It will be available from 17 to 30 October whilst stocks last.
Starbucks expand UK presence with acquisition of 23.5 Degrees
This increases their total number of company-operated locations to almost 500 in the UK.
Oliver’s launch Australia-first conversational AI server “Ollie”
Customers can use natural speech to order at Oliver's drive-thru.
Tortilla concludes the search for UK’s burrito master 2024
Six finalists battled it out for the title of Burrito Master 2024.
Bella Italia opens fourth restaurant in Bristol
The restaurant will be giving free main courses and free £10 vouchers to celebrate the opening.
Chopstix expands presence with new Portsmouth site
Food service operators and franchisees Darren and Naomi Godfrey opened their second Chopstix site in the city.
Special price offers surge as the most popular promotional tool for QSRs
It accounts for 79% of dine-in formats and 53% in the delivery sector.
Most Read
1. KFC launches spicy twist on traditional high tea for Mother’s Day 2. CEO Scott Meneilly departs from The Coffee Club 3. RASHAYS taps new CFO for international expansion ambitions 4. Fast-food chains revise menus as more Gen Zers dine out 5. Numbers Into Nourishment: How Hospitality Businesses Can Grow With DataResource Center
Awards
Events
Event News
The app’s 5-star badge has become a trusted marker for users seeking high-quality dining.
Commentary
Numbers Into Nourishment: How Hospitality Businesses Can Grow With Data