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Weekly Global News Wrap Up: McDonald's business model faces hard times; Domino's secrets to skyrocketing sales; Chipotle misses analysts' sales forecast by 3%
Weekly Global News Wrap Up: McDonald's business model faces hard times; Domino's secrets to skyrocketing sales; Chipotle misses analysts' sales forecast by 3%
Here is a summary of the most interesting QSR news stories of the week from around the world.
Starbucks reports Q3 financial and operating results
The coffee chain reported financial results for its 13-week fiscal third quarter and 39-week fiscal year to date ended June 26, 2016.
Deliveroo teams up with Majestic Wines, BrewDog to deliver alcohol
The on-demand food delivery service announced it will be partnering with Majestic Wines, BrewDog and top independent merchants and wine merchants...
HospitalityGEM partners with Trail app
HospitalityGEM, the guest experience management firm announced its partnership with operations management app Trail, to add guest experience reporting...
Just Eat announces sale of acquired businesses to iFood
The digital marketplace for takeaway food delivery completed the sale of hellofood Brazil to IF-JE, its Brazil joint venture, as previously...
SSP Group reports 4.8% increase in revenues
The operator of food and beverage outlets announced its trading update for the third quarter of its financial year ending 30 September 2016, covering...
€3.5m investment planned for Gourmet Burger Kitchen Ireland
According to a story by FFT.ie, GBK announced that its five Irish outlets have been acquired by Gourmet Burger Kitchen Restaurants Ltd, with a €3.5m...
Weekly Global News Wrap Up: Yum Brands shares spike on raised earnings forecast; Why Chipotle's recovery is going to be an uphill battle; Chick-fil-A ends six-year breakfast drought
Here is a summary of the most interesting QSR news stories of the week from around the world.
Byron secures £12 million funding to support growth
The premium hamburger chain announced that it has secured a new £12 million banking facility funded jointly by Santander and Royal Bank of Scotland's...
Punch Taverns teams up with Just Eat for pub delivery
Punch Taverns announced a partnership with digital takeaway service Just Eat that will allow customers to order a meal that will be delivered to pubs...
Food-to-go is an increasingly attractive growth opportunity, says research
According to a new market assessment by IGD RetailAnalysis, more food-to-go (FTG) options have emerged in more locations, and many different operators...
Over 40% of millennials snack regularly, says study
Over a third of consumers globally say they snack regularly, with the figure rising to just over 40% for young people aged 18-34, as the practice of...
Brexit empties London restaurant tables
According to a story by Bloomberg, the U.K.’s June 23 vote to leave the European Union is having an adverse effect towards the London restaurant scene...
Domino's Pizza shares soar 75% in Poland since the turn of the year
According to a story by This Is Money, shares in DP Poland have risen by three quarters this year, as the brand sees popularity surge among Poles.
85% of consumers spent on eating out at the start of the year, says report
According to a new report from business advisory firm Deloitte, eating out remains the most popular leisure activity in the UK, with 85% of consumers...
Weekly Global News Wrap Up: Wage hike pressure squeezes McDonald's profits; Just Eat debuts delivery drones; Chains embrace big data to predict profitability
Here is a summary of the most interesting QSR news stories of the week from around the world.
Leisure sector grows to £117 billion as UK consumers prefer pleasure to shopping, says research
The UK leisure market is worth £117 billion in revenue and is growing nearly twice as fast as the retail sector, according to a new state-of-the...
