UK
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.
Hospitality insolvencies drop 16% MoM in August 2024
It also went down by 29% YoY.
Compass One acquires Peabodys Coffee
It also plans to launch new cafes at seven hospital sites.
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.
Taco Bell to open first International equity-owned restaurant in Ipswich
It will be open on 22 October.
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.
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.
Papa John’s UK net loss surges to £18.5m in 2023
Its operating loss also increased to £8.6m.
Pizza Pilgrims to open in Chelsea on 18 November
It is located at 219 King’s Road.
UK’s QSR market to reach $44.01b by 2029
The market is forecasted to grow at a CAGR of 5.25%.
Social Media Wrap: Burger King UK unveils Addams Family collection; LEON and GRUBBY launch new recipes; Bone Daddies add new ramens
Find out what QSRs have been up to on social media this week.
Wendy’s Restaurants UK turnover surges 50% to £31.9m in FY2023
The company’s gross profit also increased to £8.5m.
Sticks’n’Sushi appoints former Azzuri group exec as CFO
His expertise is in M&A, capital markets, and corporate strategies.
Bubbleology opens two new sites
The brand aims to reach over 50 sites in the next 12 months.
