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RESTAURANT SALES
Pizza Hut India’s restaurant sales fall 7% in FY26; EBITDA margin turns negativePizza Hut India reported a 7% decline in restaurant sales to ₹5,065 million in FY26. Restaurant EBITDA margin improved to -2.8% in Q2 FY27 ...- Bird Group plans to double the business across all verticals by 2030Bird Group has signed a lease for developing a hotel on 12 acres in Shillong. The hospitality arm aims to increase its keys from 600 to app...
- 'Anyone but Trump': Republicans face Latino backlash over immigration raidsFor nearly two years, US President Donald Trump's heavy-handed deportation drive has sowed fear in immigrant communities and created a floo...
- Sweet sellers face heat over shelf life rules ahead of DiwaliWatchdog agencies in states such as Uttar Pradesh and Uttarakhand are among those that have made this mandatory. The directive aims to help...
- India braces for first Diwali after Gulf war with tighter budgetsAs households prepare for Diwali, rising food prices and travel expenses are impacting festive budgets significantly. Increased costs for e...
- Brian Niccol graduated with an engineering degree after running a lawn-mowing business in 1996; 28 years later, he became Starbucks CEOBrian Niccol graduated from Miami University in Ohio in 1996 with an engineering degree. At the time, his career in business leadership was...
- Reliance and Blinkit executives face FIR in food safety caseExecutives of Reliance Consumer Products named in the FIR include V Subramaniam, Ashok Kumar Singh, Vijay Bhikaji Kharmale, and Nilesh Ramd...
- Linda Evangelista bought 4,000 square feet New York City penthouse in 2001 for $1.4 million. 25 years later, supermodel sold it for $6.75 millionLinda Evangelista has sold her New York City penthouse for $6.75 million. The property is located in the Spears Building in West Chelsea. T...
- Kat Cole dropped out of college, worked as a Hooters waitress at 18 and became a VP by 26 before leading CinnabonKat Cole went from working as a Hooters waitress at 18 to becoming a vice president by 26. After leaving college before graduation, she con...
- KFC signs Coca-Cola on as new beverage partner, ditching PepsiCoKFC has officially signed a partnership agreement with Coca-Cola to provide beverages at its restaurants. This deal marks the end of KFC's ...
- US consumers are muscling through higher prices, but for how long?High gas prices are impacting inflation, leading to increased costs across various sectors and goods. Consumers are still maintaining spend...
- Want an early signal on the economy and stocks this festive season? Watch 19 stocks, and what their managements say in the next 20 daysThere is a set of companies that sees the shape of the economy before economists do. They know when a household decides to spend or hold ba...
- Delhi High Court seeks FSSAI, Centre's response on sale of non-dairy products as paneerIn a significant move, the Delhi High Court has called for replies from the FSSAI, the Centre, and the Delhi government concerning a public...
- Protests, traffic curbs in Delhi hit hotel businessProtests in Delhi are causing significant disruptions, leading to a notable decline in hotel occupancies across the city. Companies have ch...
- KBS bought Portland’s 16-story Meier & Frank department store for $54 million in 2016; it then transformed the landmark into Class A mixed-use spaceIn November 2016, real estate firm KBS bought the 16-story building for $54 million in a joint venture with private developer Sterling Bay....
- Restaurants face income tax scrutiny as suspected tax evasion tops Rs 25,000 croreThe income tax department in India has identified significant tax evasion by thousands of restaurants. Approximately 8,000 restaurants show...
- From paneer to pizza, FSSAI puts India’s ₹200 lakh crore consumer boom to the test. Who pays?The FSSAI's escalated enforcement in consumer sectors in India has led to increased compliance costs for companies. Many brands are now ree...
- Oheka Castle auction set for October 27: Why the ‘Great Gatsby’-linked mansion where Taylor Swift filmed ‘Blank Space’ is going up for saleOheka Castle, the historic Long Island mansion linked to The Great Gatsby and featured in Taylor Swift’s “Blank Space” music video, is head...
- In 2012, Peyton Manning bought into 31 Denver-area Papa John’s restaurants; six years later, he sold his stakes two days before the NFL ended its sponsorship dealPeyton Manning divested from his 31 Papa John's franchises in Denver in February 2018, shortly after the NFL ended its partnership with the...
- McDonald's supplier HyFun plans $208 million India IPOHyFun Foods intends to raise up to 20 billion rupees through an IPO planned for late 2028. The company expects to initiate preparations for...
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