South Korea’s SPC Group buys French restaurant chain Lina’s
SPC Euro acquired a 100% stake in Lina's Developpement, the restaurant chain’s owner and operator.
Business & Regulation
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Business & Regulation
Restaurant Brands International’s revenue rises in Q1 on strong demand
RBI’s revenue totalled $1.45bn in the first quarter of the year, which ended on 31 March.
Ruth’s Hospitality posts $104.19m revenue in Q3 2021
Ruth’s Hospitality Group develops and operates Ruth’s Chris Steak House restaurants.
ChouNan rolls out ‘Cloud Kitchen’ vending machines with ready-to-eat meals
ChouNan has launched its ‘Cloud Kitchen’ vending machines, which offer RTE food and appeal to the new normal of convenience…
FDA sets voluntary salt reduction targets for restaurants and food makers
The final guidance is aimed at reducing salt intake by an average of 12% over the next two and a…
China imposes $533m fine on food delivery company Meituan
The company was involved in monopolistic practices and reportedly forced restaurants to sell their products through its app.
Restaurants and cafés in the US need to strategise to accommodate new WFH trends
The foodservice industry in the US needs to adapt to the new WFH model with balanced approaches that include deliveries…
India mandates food delivery apps to pay 5% tax on restaurant services
Restaurants previously paid this tax, but now food delivery apps will have to pay it.