UK’s Admiral Taverns buys community pub operator Mountain Pub Company
UK-based Admiral Taverns has acquired fellow community pub operator Mountain Pub Company from specialised investment manager Downing. Financial details of the …
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Shake Shack partners with Bold Hospitality to enter Brazil
Shake Shack is set to enter the Brazilian market under a new licencing agreement with São Paulo-based Bold Hospitality Company. In …
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Uber agrees to purchase ezCater for $2.3bn
Uber Technologies has agreed to acquire ezCater, a US platform for catering and workplace meals, in an all-cash transaction worth …
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Freddy’s expands into Philippines with five-unit development deal
US fast-casual chain Freddy's Frozen Custard & Steakburgers (Freddy's) has entered the Philippines after signing a five-outlet deal. The deal also …
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Deliveroo partners with Coco Robotics for autonomous deliveries in UK
Deliveroo has partnered with sidewalk delivery fleet operator Coco Robotics to introduce automated delivery services across urban areas in the …
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DoorDash launches autonomous aircraft for drone deliveries
DoorDash has introduced a purpose-built autonomous aircraft via its DoorDash Air service, with pilot drone deliveries set to begin in …
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TGI Fridays signs New York expansion deal with Bliss Bites
Casual dining chain TGI Fridays has entered into a development agreement with franchisee Bliss Bites to launch five new restaurant locations …
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Presto raises $10m capital to expand voice AI for drive-thrus
Presto Phoenix, a developer of voice AI systems for quick-service restaurants (QSRs), has secured $10m in a financing round joined …
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SSP to launch eight new outlets at Vilnius Airport in Lithuania
Food and beverage (F&B) operator SSP is expanding its presence at Vilnius Airport in Lithuania via the introduction of eight …
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Starbucks to shut 250 underperforming North American coffeehouses
Starbucks has said it will close 250 underperforming coffeehouses in North America, equal to 1% of its more than 18,000 …
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McDonald’s plans $8.5bn investment in restaurant improvements
McDonald’s has unveiled plans to provide approximately $8.5bn in support to franchisees through 2036 to fund restaurant improvements across its …
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KPOT selects Deliverect to manage third-party orders
Restaurant chain KPOT Korean BBQ & Hot Pot has partnered with Deliverect to manage third-party delivery orders and menu administration …
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Presto Phoenix integrates drive-through voice AI with Toast ecosystem
Presto Phoenix has integrated its drive-through voice AI technology into Toast’s partner ecosystem, allowing restaurants that use Toast to deploy …
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PizzaExpress explores sale at valuation of up to £500m – report
UK-based restaurant chain PizzaExpress is preparing for a potential sale that could assign the business a valuation of as much …
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Meritage files for Chapter 11 bankruptcy protection in US
US-based restaurant operator Meritage Hospitality Group has filed for voluntary Chapter 11 bankruptcy protection in the US Bankruptcy Court for …
