News
Chinese coffee giant Luckin Coffee eyes US entry
The brand reported an operating income of $222.1m in Q3.
Chinese coffee giant Luckin Coffee eyes US entry
The brand reported an operating income of $222.1m in Q3.
AI drive-thrus face regional hurdles in Asia adoption
Cost, cultural differences, and local infrastructure shape the integration.
Wetzel's Pretzels to debut in Indonesia
Erajaya Food & Nourishment has secured its exclusive rights.
Mister Donut debuts in Hong Kong
It is located in an art shopping mall in Tsim Sha Tsui.
Pizza Hut Hong Kong introduces spider-shaped cheese sticks for Halloween
The brand is also launching an interactive game to win free garlic bread.
Japanese casual pub operator Watami acquires Subway Japan
They have also signed a 10-year franchise contract with Subway International BV.
Weekly Global Wrap: Yum! Brands pulls onions from restaurants amidst E. Coli outbreak; Nando's launches new growth strategy; Denny's shutters 150 restaurants
Here is a summary of the most interesting QSR news stories of the week globally.
Yum China to consider quarterly dividend for November
The declaration will be adopted on or around 4 November if the board decides to proceed.
Zomato launches comprehensive Delivery Partner Well-being Framework
The framework is designed to prioritise and measure the well-being of the delivery partners.
Katrina Group partners with Lotte GRS to bring LOTTERIA in Singapore
The first store is expected to open by the second quarter of 2025.
5 focus areas for Starbucks to reverse global declining sales
They also highlighted the need to change their strategy for the brand’s growth.
Citic sells 19.23% McDonald's China, HK stake for $430.3m
The CITIC Capital consortium will hold 52% ownership in McDonald’s China.
Domino's Pizza allocates 7.66% shares in China business to institutional investors
This will be done through off-market block trades.
London cafe brand EL&N makes India debut
The cafe is located in Jio World Plaza.
KFC Singapore drops new Double Down variation
It will be available from 16 October whilst stocks last.
9 in 10 HK restaurants credit sales boost to deliveries during events
65% of restaurants saw stable or increased revenue during major summer sports events.
HEYTEA opens first concept store in Myeongdong, Seoul
The concept was inspired by the Chinese literature "Lofty Mountains and Flowing Streams.”
