Food Services
McDonald's ends agreement with Indian franchisee
It plans to shut all of its 169 restaurants in India's northern and eastern regions.
McDonald's ends agreement with Indian franchisee
It plans to shut all of its 169 restaurants in India's northern and eastern regions.
Weekly Global News Wrap Up: Dunkin' Donuts to test-drive shorter name; Fast food sales grow faster than the US economy; Papa John's rolls out gluten-free crust
Here is a summary of the most interesting QSR news stories of the week from around the world.
Yum! Brands sales rise in India in Q2
The Indian system sales growth of KFC is up 9% and Pizza Hut at 8%.
Max's Group assures public on poultry safety
It released a statement following the first outbreak of avian flu in the Philippines.
Weekly Global News Wrap Up: Starbucks unveils new drink with beef jerky; Dunkin' Donuts to simplify its menu; Burger King UK to extend delivery to over 100 branches
Here is a summary of the most interesting QSR news stories of the week from around the world.
Max's Group net profit up 12% to US$6.5m in 1H17
Thanks to the 41 new stores and 6 overseas outlets opened during the period.
McDonald's Japan shares rise to a 16-year high
It has surpassed the gains of its US-based parent.
Domino's Pizza India to revamp products
It plans to change its packaging and produce a new marketing campaign.
Thai Beverage enters into purchase agreement with Yum Restaurants Thailand
It is for the potential acquisition of over 240 existing KFC stores in Thailand.
Weekly Global News Wrap Up: Starbucks to close all Teavana retail stores; Papa John's switches to antibiotic-free chicken; Locations of QSRs unrelated to obesity rate, study says
Here is a summary of the most interesting QSR news stories of the week from around the world.
Starbucks to acquire 5,000 stores in Mainland China by 2021
It is the largest single acquisition in the company’s history.
Koreans shun burger products as “burger phobia” spreads in South Korea
McDonald's 'patty controversy' are receiving more complaints.
Starbucks releases new addition to exclusive Jeju products
It introduced nine new products available exclusively at 15 stores in Jeju, Korea.
Apple Pay aims popularisation in China
It offered big discounts at major retailers.
Yum China gets dragged down by Pizza Hut's slump
Yum China Holdings Inc reported its quarterly sales below estimates, weighed down by sluggish growth at Pizza Hut.
Here’s how Yum China is leveraging local investors for its spinoff
A USD 460m investment is on its way.
Malaysia's QSR Brands said to mull USD 400m IPO in 2017
It's inviting bankers to pitch for roles next month.
