Smoothie King expands US footprint with multi-unit development deal
The smoothie brand will open three new venues each in Chicago and Las Vegas.
07 December 2023
07 December 2023
The smoothie brand will open three new venues each in Chicago and Las Vegas.
The company has signed a 20-unit agreement with master licensees Salomon Bialostozky and Jacko Duayhe.
The 2,800ft² restaurant will offer dine-in, takeout and delivery options to its customers.
EG’s entire Kentucky Fried Chicken (KFC) UK and Ireland (UK&I) business with 7,800 team members will come under KFC UK&I management.
The proceeds will be used to scale operations and expand the business across Germany and internationally.
The collection is available across more than 100 North American TOUS les JOURS outlets until 24 December 2023.
The chain has also rolled out the Double Decker Taco Supreme, featuring additional diced tomatoes and reduced-fat sour cream.
The funding round was co-led by US-based fresh grocery e-commerce platform GrubMarket and Celtic House Asia Partners.
Merging industry-leading business intelligence & award-winning journalism, this is an unrivalled opportunity for engagement with B2B professionals across a network of 40+ leading media websites.
Merging industry-leading business intelligence & award-winning journalism, this is an unrivalled opportunity for engagement with B2B professionals across a network of 40+ leading media websites.
The consumer goods, foodservice, and packaging sectors are undergoing digital transformation, accelerated by the COVID-19 pandemic and changing consumer preferences. Data science and ML are strong investments across all areas. These sectors will help scale up the adoption of AI technologies, such as CV, conversational platforms, and smart robots.
The total revenue of the Western European foodservice profit sector totaled $685.3 billion in 2022, having declined at a negative CAGR of 2.4% during 2017–22. In 2022, FSR was the largest foodservice channel, with a value share of 25.9%, followed by QSR. However, the region’s foodservice sector is poised to bounce back as it is forecasted to register a CAGR of 8.1% by 2027.
Give your business an edge with our leading industry insights.