News
Profits of top 100 UK restaurant groups drop by 80% this year, UHY Hacker Young Group says
Profits of top 100 UK restaurant groups drop by 80% this year, UHY Hacker Young Group says
They warned that struggling groups will see worse before it gets better.
Wages of hospitality workers exceed new NLW thresholds, study says
The QSR sector has the highest hourly wage that has seen a 4.7% growth from March to September this year.
Coca-Cola set to create venture group for acquisitions
Their CEO said that the move is part of their strategy to ‘lift’, ‘shift’ and ‘scale’ their mergers and acquisitions.
Wagamama set to be sold to Restaurant Group for £357 million
The deal will be funded through a combination of cash, debt and the rights issue.
Subway offers buy-one-get-one-free promo for World Sandwich Day
Their promotion was supported by their brand ambassador Arron Crascall.
Shake Shack reports pre-tax loss of £7.7 million in FY17
The results are said to have been "within expectations".
More than half of new meat-free products carry vegan or no animal ingredients claim, study says
Market research company Mintel also claims 34% of Brits have reduced or limited meat eating in the first half of the year.
Honest Burgers partners with Beyond Meat to roll out vegan-friendly Plant Burger
The launch comes after its trial in their King’s Cross store where they got positive comments from their customers.
KFC unveils new, 'thicker' version of their signature french fries
The new recipe is said to have gained positive feedback from its trial.
Pret A Manger US to pay $875,000 for underpayment of staff
The chain has been accused of time shaving their employees.
Festive Bake, Pigs in Blankets among returning items in Greggs' Christmas menu
New additions this year are three festive-themed hot drinks.
Just Eat reports revenue growth of 41% for Q3
They also announced that they will expand their seaweed-based sauce sachets.
McDonald's goes luxury with new Millionaire's Latte
The limited-edition McCafé item will be served in new geometric Christmas cups.
Oils, fats and fish driving inflation amid impending Brexit, report says
Fish imports have been affected by recent further declines in the value of the pound.
Casual Dining Group to launch in United Arab Emirates
The company who owns the Bella Italia and Las Iguanas brands is also looking to expand in more markets in Asia, Europe and North Africa.
Weekly Global News Wrap Up: Starbucks eyes 2,100 new stores in 2019; Pizza Hut partners with Toyota for pizza-making pickup truck; KFC gives US$11,000 to baby named after Colonel Sanders
Here is a summary of the most interesting QSR news stories of the week from around the world.
Social Media Wrap Up: Papa John's brings back Double Cheeseburger pizza; The Hummingbird Bakery's new vegan and gluten-free cupcakes; Bella Italia's pumpkin carving competition
Find out what QSRs have been up to on social media this week.
