Djan Magbanua
Luckin Coffee reports net revenue surge of 35.5% in Q2
Luckin Coffee reports net revenue surge of 35.5% in Q2
The brand saw fewer outlet openings this quarter.
Price fluctuations should remind operators that the market remains volatile—analyst
Inflation in June 2024 stood at 3.6%.
Ole & Steen launches cherry cheesecake as new summer offer
Cherries are currently in season this time of the year.
Just Eat Takeaway.com ceases operations in France
The group said Just Eat in France represents only a ‘small’ part of the business.
Costa Coffee opens six kiosks, 110 self-serve machines in Olympic village
110 specially selected and trained Costa Coffee team members were sent to Paris.
Kaspa’s opens flagship in Central London
This marks the brand’s debut in the area.
Pizza Hut Hong Kong launches social campaign to promote its limited edition fries
The campaign is based on predicting the next win at the Games.
Krispy Kreme releases new Paris inspired-doughnut range
The range comes in four signature Parisian flavours.
Carl’s Jr Australia master franchisee goes into administration
Only 24 company owned restaurants are impacted with 25 sub-licensee to continue operations.
The one change Wingers co-founder would make for the business
Since last year, Wingers has made several investments for its 50-restaurant goal.
3 in 5 Hong Kong restaurants anticipate surge in takeaway due to hot weather
21% planned to adjust their menu.
Luckin Coffee opens 20,000th location
Luckin is considered the largest coffee chain in China by store count.
Al Baladi Holding Group announces 400 outlet expansion plans
It plans to grow its fried chicken chain and cafe chain.
Last few days to nominate at the QSR Media Awards 2024
Nominations close on 2 August.
Soul Origin unveils new baguette sandwich range
It has three different sandwiches.
Tackling Food Waste as a Sector: Five Cost Saving Measures
This is the second article of the three-part series ‘Tackling Food Waste as a Sector’. The previous article explored sustainability and navigating upcoming regulations. Here, our focus is on cost savings. It looks at some of the cost benefits of food waste reduction and how they can have additional benefits for your business.
Narrowing price gap could give fast-casual an edge over fast-food—analyst
Simon-Kucher partners advise fast-food should re-establish value to the customer.
Commentary
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