News
McDonald's selects Ingenico as long-term payment solution provider
McDonald's selects Ingenico as long-term payment solution provider
The company will handle the global brand’s cashless transactions for the next five years. McDonald’s, together with its franchisees, in the UK and Ireland announced that it has selected Ingenico Group to handle the global brand’s growth in cashless transactions. This is in response to a growing number of sites in the UK where electronic payments have overtaken cash. Currently, customers of McDonald’s UK are able to pay for the brand’s signature offerings via their Click and Collect app, through in-restaurant self-service order screens or when using a Drive Thru.
Chart of the Week: What's the most popular destination for coffee?
According to the NPD Group, quick-service coffee sites are still on top in terms of servings for coffee with a 0.4% increase. Interesting, however, is the rise of servings for non-traditional sources such as quick-service burger sites (1.6%), pubs (0.7%), and bakeries (0.3%). “These outlets are expanding their coffee menus to include traditional and speciality coffees. To really stand out from the crowd, chains need to keep their coffee menus simple, with a focus on taste and quality; as these are the key factors that will drive a return visits,” Cyril Lavenant, head of foodservice UK in the NPD Group said. In contrast, we see a sharp 2.7% decline in servings for non-commercial establishments. Read the whole summary of the study here.
Italian restaurant chain Carluccio's announces intention to enter landlord-only CVA
The brand intends to restructure by facilitating the exit of lossmaking sites. After reviewing their business strategy, Carluccio’s announced its proposal to enter a Company Voluntary Arrangement (CVA) in order to “to weather the headwinds affecting the industry and to return it to a stable footing.” The Italian restaurant chain’s proposal is a ‘landlord-only’ CVA, impacting 34 of the group’s lossmaking restaurants. Other landlords and creditors are not expected to be affected.
Papa John's International opens 50th site in Turkey
The multi-site looks forward to further expansion in the Middle East and Asia.
Pret A Manger to open its first shop in Germany
The sandwich brand’s will open its doors at Berlin Central Station later this year.
Takeaway and delivery “crucial” to Vapiano SE growth – report
Analysts from Berenberg believe the fast casual brand will accelerate these features this year. Similar to 2017 growth, incremental sales contribution from takeaway and delivery is expected to continue for Vapiano this year according to a report from Berenberg, "The research identifies takeaway and delivery as the driving factors behind both growth and margin gains for the fast casual dining brand. “The expansion of this feature across Vapiano’s store estate will be crucial to the company’s growth over the medium term,” the report stated. Currently operating with over 200 restaurants globally, Vapiano has reaffirmed its target to open 33-38 restaurants in 2018, including three delayed openings from 2017. Berenberg analysts expect takeaway and delivery rollout progression to accelerate in 2018 as Vapiano believes hopes to integrate this feature in 75-85% of its restaurants by the end of the year. View the full report here.
Gloria Jean's set to debut in UK with first outlets in next 12 months
The brand plans to open a total of 190 outlets in 10 years.
Gourmet Burger Kitchen records operating losses of £7.8m
Its parent company’s share price dipped on the Johannesburg Stock Exchange.
Pizza Hut signs landmark franchise agreement with Madrid-based Telepizza
The deal would make the U.S.-based company the largest pizza chain in Latin America and the Caribbean.
Which pizza brand got the royal nod?
The pizza delivery was brought to Windsor Castle minutes before the royal wedding reception.
Millennials are eating healthier, and what this means for your QSR
Needing a quick bite no longer means eating unhealthy.
Patisserie Holdings' gross profit soared 8.7% to £47.1m in Q1
It also reported an EBITDA of £13.6m, up by 11.6% and an EBITDA margin of 22.5%.
Jamie's Italian rolls out its new vegan and vegetarian menu
It was launched to celebrate National Vegetarian Week which is taking place across the UK between 14–20 May.
Weekly Global News Wrap: Pizza Hut expands beer delivery test; Nestlé acquires the right to distribute Starbucks products; McDonald's now serves fresh beef
Here is a summary of the most interesting QSR news stories of the week from around the world.
Social Media Wrap Up: Yogberries introduced Deli Pots in some stores; BENUGO unveiled its royal wedding-inspired cakes; Muffin Break launched its Lemon Coconut Muffin
Find out what QSRs have been up to on social media this week.
KFC introduces bone china buckets to commemorate the royal wedding
It has created specially-designed buckets made of bone china to celebrate the marriage of Prince Harry and Meghan Markle.
Hummingbird Bakery unveiled its royal wedding-inspired cake collection
It has introduced its hand-decorated royal wedding cupcakes in three flavours.