Food Services
Yum China's net income surged 41% to $288m in Q1
Its total system sales grew 6%, with 9% rise at KFC partially offset by 1% decline at Pizza Hut.
Yum China's net income surged 41% to $288m in Q1
Its total system sales grew 6%, with 9% rise at KFC partially offset by 1% decline at Pizza Hut.
Starbucks China's net revenue grew 54% to $1,186.4m in Q2
It is driven by incremental revenues from the impact of the ownership change in East China.
Weekly Global News Wrap: Starbucks to close 8,000 US sites to conduct racial bias training; Chipotle eyes breakfast to drive sales; Retail Food Group to expand Gloria Jean's in Germany
Here is a summary of the most interesting QSR news stories of the week from around the world.
Impossible Foods makes international debut in Hong Kong
Little Bao and Happy Paradise will be amongst the first to serve the Impossible in Hong Kong.
Deliveroo partners with seven new partners for its second Editions kitchen
Deliveroo launched its second Deliveroo Editions site in CT Hub 2, Lavender in Singapore.
foodpanda Singapore grew 23% in Q1
The result follows a string of recent initiatives including the launch of a brand new centralised kitchen with a dine-in concept.
Weekly Global News Wrap: KFC US launches finance programme for its franchisees; Subway US tops in Temkin's customer experience ratings; Domino's Korea under fire for its GPS Tracker
Here is a summary of the most interesting QSR news stories of the week from around the world.
Starbucks poised to lead the coffee industry in China
The number of stores in China has grown from 800 to 3,200 in the past five years, with an average of one new store opening every 15 hours.
Weekly Global News Wrap: Domino's US launches new mobile game; Dunkin' Donuts trials new snacking menu in Boston; Chick-Fil-A slated to be third largest QSR, says Technomic
Here is a summary of the most interesting QSR news stories of the week from around the world.
Starbucks Indonesia banks on consumer spending to grow its revenue
Its Indonesian operator, Mitra Adiperkasa, is predicting that a recovery in spending will sustain its highest revenue growth in three years.
Alibaba acquires Chinese delivery startup Ele.me in $9.5b deal
It plans to expand in China’s fast-growing market for local delivery of food and other services.
Weekly Global News Wrap: AI communication robot to launch in Seattle restaurant; Tim Hortons reveals Welcome Image overhaul; In-N-Out Burger sues CEO poser
Here is a summary of the most interesting QSR news stories of the week from around the world.
Weekly Global News Wrap: Starbucks sees growth in digital; Wendy's unveils new concept in London; Taco Bell to roll out chips in groceries
Here is a summary of the most interesting QSR news stories of the week from around the world.
Word-of-mouth marketing thrives amidst digital saturation
Online communities drive sales and increase footfalls for QSRs.
Ah Dong Teh House permanently closed Singapore store
After five years, the casual dining brand has closed its Tebing Lane restaurant on March 24, 2018.
Grab to expand GrabFood in Southeast Asia following acquisition of Uber
It will integrate Uber’s food delivery business in the region into Grab’s existing fintech platform.
QSRs must surprise and delight guests to gain an edge, says Detpak's general manager Tom Lunn
In this data-driven industry, personalisation and timing matter in creating a worthwhile delivery experience.
