News
Takeaway and delivery “crucial” to Vapiano SE growth – report
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.
Papa John's reaches milestone with 50th restaurant opening in Spain
The franchise, PJ Espana Pizzerias S.L. (PJ Espana) is owned by Drake Enterprises AG. Drake opened its first Papa John’s restaurant in Madrid in May 2016. Drake is currently present in Madrid, Barcelona, Gijón, Bilbao, Toledo, Valladolid, Zaragoza, León and Burgos.
London mayor bans junk food ads to tackle rising levels of obesity
The city may also ban new hot food takeaways close to schools.
Le Pain Quotidien opens new Irish restaurant in Dublin
The new location on Molesworth Street covers over 243 square meter and can hold 104 diners.
McDonald's announces its English breakfast muffins may now contain traces of nuts
It has placed signposts in front counters, self-order screens, drive-thru, click & collect, and McDelivery app.
Chipotle launches flat screen panels to speed up off-site process
It is spending almost $10,000 a restaurant to add flat-screen panels that will allow workers to fulfill off-site orders more quickly.
