South Korea fines Coupang $220m over food delivery rules
South Korea's antitrust regulator has penalised e-commerce company Coupang Won300.9bn ($220.5m) for exploiting its market dominance in the meal delivery …
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Wendy’s rejects $7.35 per share takeover proposal
The Wendy’s Company has turned down an unsolicited, non-binding cash takeover bid of $7.35 per share from an investor consortium, …
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Subway targets 10,000 restaurants by 2031 in EMEA
Fast food chain Subway has unveiled plans to double its restaurant network across Europe, the Middle East and Africa (EMEA) …
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Foodtastic offers $43 per share to acquire MTY Food Group
Canadian restaurant franchisor Foodtastic has proposed to acquire all outstanding shares in MTY Food Group, the parent company of pizza …
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Outback Steakhouse franchisee Cerca Trova files for bankruptcy
Cerca Trova Restaurant Group, which was once the largest franchisee within the Outback Steakhouse network, has filed for bankruptcy. Based in …
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KFC’s Muse restaurant concept makes global debut in Dubai
Fast food chain KFC has opened the first location of its new flagship format, KFC Muse, at Jumeirah Beach Residence …
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Restaurant Brands International’s net income rises to $542m in Q3
Restaurant Brands International (RBI) reported net income attributable to common shareholders of $542m in the third quarter (Q3) of 2026, …
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Wendy’s receives share takeover bid from investor group
The Wendy’s Company has received an unsolicited, non-binding cash takeover proposal to acquire all outstanding common shares not currently owned …
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First Watch selects NCR Voyix to upgrade restaurant technology
US-based First Watch Restaurants Group has partnered with software company NCR Voyix to overhaul its core technology infrastructure in support …
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Guac Mexi Grill to foray US market with 95-unit deal
Canadian fast-casual chain Guac Mexi Grill is set to enter the US market under a 95-unit development agreement covering Georgia, …
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Fortis launches restaurant management system in UAE
Point-of-sale (POS) and business software provider Fortis Digital Solutions has launched FortisOS for restaurants and cafés in the UAE. According to …
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Catapult rolls out Sous Chef delivery tech across 600 restaurants
Restaurant growth platform Catapult has entered a partnership with Sous Chef to oversee external delivery logistics across an estate exceeding …
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UAE coffee shop chain Drinkit launches new campaign
Digital-first coffee shop chain Drinkit has introduced a new local campaign in partnership with local artists and domestic brands in …
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Mister Baker launches Gulab Jamun Croissant across select UAE locations
Mister Baker, a bakery chain headquartered in Dubai, has introduced a new gulab jamun croissant product marketed as Croissant au …
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BK Japan reports data breach involving 11.18m customer records
Burger King Japan (BK Japan) has revealed a substantial data security breach after an external party infiltrated a server holding …
