PizzaExpress to enter US market in 2025 - verdictfoodservice.com
Dec 19, 2024 · PizzaExpress plans to expand to 1,000 restaurants globally by 2030. Credit: philip openshaw/Shutterstock. UK-based global pizza brand PizzaExpress has announced its plans to enter the US market, with its first location opening in the state of Florida in 2025. The brand, known for its “proper ...
PFG outlines key leadership changes - verdictfoodservice.com
Dec 17, 2024 · The strategic shifts are aimed at enhancing PFG’s growth and integrating recent acquisitions. Credit: Postmodern Studio/Shutterstock. North American food and foodservice distribution company Performance Food Group (PFG) has outlined changes to its executive leadership structure to drive innovation ...
Foodservice equipment provider Zepole acquires Fein Brothers
Nov 27, 2024 · Fein Brothers is a provider of foodservice equipment and supplies to restaurants, bars and institutions in the Greater Milwaukee area. Credit: atm2003/ Shutterstock. US foodservice equipment provider Zepole Supply has announced the acquisition of Fein Brothers, a 95-year-old Milwaukee, Wisconsin ...
Rebel Foods raises $210m via Series G round
Dec 13, 2024 · The primary capital raise was spearheaded by Singapore’s Temasek, with participation from Evolvence, an existing investor. The company was quoted by the publication as saying: “The round witnessed certain investors receiving exits, underscoring Rebel Foods’ commitment to delivering value to its stakeholders.”
Lawsuit alleges Subway sandwiches contain less meat
Oct 29, 2024 · Subway is facing a new US lawsuit alleging that the fast-food chain underfills its sandwiches with meat, contrary to its advertisements, Reuters has reported. The legal action, initiated in Brooklyn’s federal court in New York, accuses Subway of deceiving customers by showcasing a Steak & Cheese sandwich with meat portions that appear three times larger than what is actually served.
Krispy Kreme faces operational disruption from cyberattack
Dec 12, 2024 · Krispy Kreme has confirmed that a cyberattack has caused significant operational disruptions, including issues with online ordering across the US.. The company was alerted to unauthorised activity on its information technology systems in November 2024 and is working with cybersecurity experts to resolve the situation, as reported by Reuters.
Zomato’s Blinkit launches Bistro for quick snack and food delivery
Dec 16, 2024 · Blinkit is a quick-commerce subsidiary of Indian online food delivery platform Zomato. Credit: sdx15 / Shutterstock. Blinkit, the quick-commerce arm of Indian food delivery platform Zomato, has launched Bistro, a new app dedicated to delivering snacks, meals and beverages within ten minutes. The ...
FranShares and Sloan partner for Everbowl's Texas expansion
Dec 6, 2024 · Managed exclusively by Sloan Capital, the venture enables investors to engage with the expanding health-focused fast-casual sector. Credit: Vladislav Noseek/Shutterstock. FranShares has launched a new passive investment opportunity in collaboration with Sloan Capital to expand Everbowl franchise’s ...
Ark Restaurants sees 2.25% dip in revenue in Q4 2024
Dec 17, 2024 · US-based Ark Restaurants has posted a 2.25% dip in total revenues for the fourth quarter (Q4) of 2024, amounting to $43.4m compared to $44.4m for the same period of 2023.. For the 13 weeks ended 28 September 2024, the restaurant and bar operator experienced a company-wide same-store sales decline of 3.6% against the …
Wendy’s reports 13% decline in Q3 2024 net income
Nov 1, 2024 · Fast-food restaurant The Wendy's Company reported a net income of $50.2m for the third quarter (Q3) of 2024, a decrease of 13.4%, compared to $58.04m a year ago.