Food Services
Yum China's net income crashed 20% in 2017
For the fourth quarter, Yum's operating profit rose by 23% to $71 million.
Yum China's net income crashed 20% in 2017
For the fourth quarter, Yum's operating profit rose by 23% to $71 million.
Global News Wrap Up: Panera offers 'clean consultant' services; Starbucks rolls out its own Visa Card; Wendy's calls out McDonald's for using frozen beef
Here is a summary of the most interesting QSR news stories of the week from around the world.
60 Subway outlets halt pork-based sandwiches
Although the brand said in a disclaimer that the non-pork servicing restaurants are not halal certified.
SM Retail Inc. scraps acquisition deal of Goldilocks Bakeshop Inc.
SMIC Corporate Secretary Elmer Serrano cited changes in the business environment.
Global News Wrap Up: Burger King's Whopper Neutrality; Starbucks Coffee Company offers sick leave; Panera slams rivals for using fake eggs
Here is a summary of the most interesting QSR news stories of the week from around the world.
Starbucks China posts record revenue of $6 billion in Q1
The coffee behemoth delivered solid profit growth and its first ever $6 billion revenue quarter in Q1.
Inaugural QSR Media Asia Detpak Conference & Awards 2018 in Singapore
Also in attendance were around 200 executives from top local and international QSR brands.
QSR Media Asia Detpak Conference and Awards tickets now sold out
QSR Media Detpak Conference and Awards will take place for the first time in Asia, marking a milestone in its history. Gathering approximately 209...
Global News Wrap Up: Pizza Hut to introduce self-driving pizza cars; McDonald's to eliminate foam packaging; Jack in the Box CEO wants to replace cashiers with kiosks
Here is a summary of the most interesting QSR news stories of the week from around the world.
Caffe Bene files for court-led restructuring
The legal move follows a protracted slump and mounting losses, the company said.
Indian QSR is making a resurgence
The United Nations World Economic Situation and Prospects 2018 estimated the Indian industry to grow at 7.2% in 2018.
Global News Wrap Up: Taco Bell expands executive roles; Dunkin' Donuts removes artificial doughnut dyes; Wendy's launches 4 for $4 deal
Here is a summary of the most interesting QSR news stories of the week from around the world.
McDonald's in Hong Kong increases prices by 2%
The fast food giant cited rising rents and costs of raw materials for the hike.
Mos Burger president responds to Taipei's lead on pay hikes
It announced that it will give its employees average pay hikes of 4.2%.
KFC Japan reports US$53.5m earnings over Christmas weekend
This year’s sales are 1.4% more than last year’s, and the highest ever recorded for a Christmas season.
Here's why you must attend the QSR Media Asia Detpak Conference and Awards 2018
Speakers include representatives from Google, Euromonitor International, NPD Group, KFC, Subway, and other major brands.
Global News Wrap Up: Burger King's Gift of Fire; KFC's refreshed collection in KFC Ltd; McDonald's vegan burger expands in Sweden
Here is a summary of the most interesting QSR news stories of the week from around the world.
