Tortilla Mexican Grill reports 13.8% revenue increase in 2023
UK-based restaurant chain, Tortilla Mexican Grill reported a revenue of £65.67m for the year ended 2023, increasing by 13.8% compared …
UBS leads Q1 2024 South & Central America M&A financial adviser ranking
UBS has led the financial adviser ranking for mergers and acquisitions (M&A) by value and volume, in the South & …
White & Case, Simpson Thacher & Bartlett lead Q1 2024 SCA M&A legal advisory
White & Case and Simpson Thacher & Bartlett have emerged as the top mergers and acquisitions (M&A) legal advisers in …
Chipotle Mexican Grill Q1 profit surges over 23% to $359.28m
Chipotle Mexican Grill has reported a net income of $359.28m for the first quarter of 2024, an increase of 23% …
India’s Zomato testing priority delivery service at extra cost
Zomato, an Indian food delivery company, is testing a new priority delivery service that promises faster delivery times for an …
EU passes legislation to protect platform workers
The European Parliament has passed legislation aimed at protecting workers employed by digital platforms, including food delivery providers, drivers, and …
Blackstone brokers deal to acquire Tropical Smoothie Cafe
Blackstone has entered a definitive agreement to acquire Tropical Smoothie Cafe, a franchisor of fast-casual restaurants, from Levine Leichtman Capital …
DRG to reopen revamped Taco Bell venue in Kansas City, Missouri
Taco Bell's franchisee Diversified Restaurant Group (DRG) is set to reopen a newly revamped location in Kansas City, Missouri, US, …
India’s Swiggy launches new tool to help restaurants boost orders
Indian food delivery platform Swiggy has introduced a tool, known as Smart Links, to boost restaurants’ online orders by converting …
QDOBA adds Mexican Street Corn to menu
QDOBA, a fast-casual Mexican restaurant chain, has expanded its menu with the introduction of Mexican Street Corn. The new menu item …
CMI Foods opens 100th Pollo Campero restaurant in US
CMI Foods, the parent company of Pollo Campero, had opened its 100th fast-casual restaurant in Miami Gardens in Florida, US. The …
Lavazza to buy additional 28.36% stake in IVS Group for €185m
Italian coffee company Lavazza is set to increase its ownership in IVS Group, a vending machine operator in Italy, by …
Starbucks introduces new beverage lineup in Latin America and Caribbean
Starbucks has launched its new summer beverage lineup in Latin America and the Caribbean (LAC). The lineup features Retro Pink Frappuccino, …
Cousins Maine Lobster to launch new food truck unit in DeKalb
Cousins Maine Lobster, a US-based franchise known for its lobster rolls, chowder and whoopie pies, is set to open its …
Kura Sushi to open new restaurant in Ginza
Kura Sushi is set to expand its presence in Japan with the opening of a new restaurant in Ginza, Japan, …