MTY Food Group to acquire BBQ Holdings for $200m
BBQ Holdings operates more than 200 franchised and 100 corporate-owned restaurants.
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Captain D’s to develop ten additional restaurants in US
The restaurants will be owned and managed by Nufish and operating partner Joe Springer.
Starbucks reports 8.7% increase in net revenues in Q3 2022
Globally, the coffee chain opened 318 net new stores during the quarter.
Yum China starts construction of new supply chain management centre
The new centre will serve as the company's supply chain operations headquarters.
Labour crunch and higher costs impact Domino’s Pizza Q2 results
The company’s quarterly net income declined from $116.6m in Q2 2021 to $102.4m in Q2 2022.
ByteDance’s Douyin tests food delivery feature
The Douyin channels of some restaurants will now provide an option allowing users to place food delivery orders.
Meritage Hospitality Group acquires six Wendy’s restaurants in Florida
The six Wendy’s locations in Jacksonville are expected to add around $11m in sales annually.
Yum! Brands to sell Russian KFC business to local operator
Last month, Yum! Brands completed the sale of all its Pizza Hut franchise assets in Russia to a local operator.