Food Services
Weekly Global News Wrap Up: Starbucks unveils new drink with beef jerky; Dunkin' Donuts to simplify its menu; Burger King UK to extend delivery to over 100 branches
Weekly Global News Wrap Up: Starbucks unveils new drink with beef jerky; Dunkin' Donuts to simplify its menu; Burger King UK to extend delivery to over 100 branches
Here is a summary of the most interesting QSR news stories of the week from around the world.
Consumer spend drops for the third month in a row
The food industry is among the worst hit.
Yum! Brands' worldwide system sales rise
Yum! Brands, Inc. reported results for the second quarter ended June 30, 2017.
Burger King sales generate higher quarterly profit for Restaurant Brands
Shares of Restaurant Brands rose as much as 2.8 percent to C$76.28.
EXCLUSIVE: How Tossed is proving that cash(less) is king
In an increasingly competitive marketplace, chains are looking to streamline their operations to stay ahead. One QSR who has been successful at...
Marks & Spencer partners with Wasabi
They will offer sushi and theatre in the food hall.
Weekly Global News Wrap Up: Starbucks to close all Teavana retail stores; Papa John's switches to antibiotic-free chicken; Locations of QSRs unrelated to obesity rate, study says
Here is a summary of the most interesting QSR news stories of the week from around the world.
Greggs PLC sees continued sales growth
Greggs has announced its interim profits for the 26 weeks ending July 1st. They show total sales up 7.3% to £453 mill, and company-managed shop like...
Unnamed buyer acquires Handmade Burger Co
The company collapsed to the administration on July 6 with the closure of nine of its restaurants.
Takeaway shops rip off leading QSR brand names
In all parts of the world, local food joints have been creative to reel in customers.
Just Eat expands trial with over 450 branded restaurants
It is a bid to fend off competition from rivals.
PAUL UK Bakes in Healthy Results
The French bakery and patisserie group reported a 12.3% rise in turnover, and a 3% increase in like-for-like sales.
Just Eat's revenue increases by 44%
The company raises its revenue guidance for almost £515 million this 2017.
Starbucks' to close all Teavana retail outlets
The majority of the stores will be closed by Spring 2018.
Papa John's Pizza goes cage-free in the UK
It will convert to cage-free eggs by the end of 2019.
Gourmet Burger Kitchen's gross profit grows by 15%
It also reported a turnover growth of 16% to £77.9m in the year ended 26 February 2017.
Domino's Pizza Group announces its interim results
The group system sales rose by 10.5%.
