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REVIVING RESTAURANT CHAINS
Forget fake invoices. The real risk is the assumptions made in the balance sheet to hide lossesMost accounting risks make noise. The biggest one on the Indian balance sheet doesn't. It hides inside growth assumptions, discount rates, ...- Pizza Hut: From $600 loan to 20,000 stores and the new $2.7 billion twist for the global empirePizza Hut, a nearly 70-year-old American icon, has been split in a $2.7 billion deal. Yum Brands is selling its international business outs...
- Iran war energy shock drives India's interest in ethanol and other biofuelsIndia and Southeast Asian nations are boosting biofuel use amid global fuel disruptions. This move aims to reduce reliance on imported oil ...
- Restaurant enablement startup Dil Foods raises $7.5 million in fundingRestaurant enablement platform Dil Foods has secured $7.5 million in a funding round led by Bikaji Foods family office. The startup plans t...
- Domino's Pizza falls short of US sales estimates as diners curb spendingDomino's Pizza reported a miss on first-quarter same-store sales, with U.S. growth at 0.9% falling short of estimates. Budget-strained Amer...
- Dunkin free coffees return: Here’s how to claim your cup in latest 1-million giveawayThe giveaway aligns with the launch of Dunkin’s spring menu, which includes a mix of new and returning items aimed at tapping seasonal dema...
- US Stocks: Pizza chains Papa John's and Pizza Hut edge closer to finding new owners, sources sayTwo of America's most popular national pizza chains are edging closer to selling to new owners as stiff competition, rising commodity costs...
- From $5-an-hour waiter to owner of 250+ restaurants: How an Indian-origin man revived a struggling US brand & built a multi-brand empireAmol Kohli's inspiring journey saw him rise from a $5-an-hour high school waiter to the owner of a major US restaurant group. After years o...
- Burgers for burghers macs good senseMcDonald's is moving into premium offerings as budget-conscious consumers cut back on fast food. With inflation impacting value packs, the ...
- Everstone Capital in talks to offload Burger King stakeEverstone Capital, through its investment vehicle QSR Asia Pte Ltd, holds a 40.9% stake in Restaurant Brands, which holds the licence to op...
- Jamie Oliver Restaurants announces rapid expansion in India, post Wendy’s saleJamie’s in India operates as a partnership between Dolomite and Jamie Oliver Restaurant Group. The latter has 70 restaurants across 23 diff...
- K Hospitality to invest Rs 150 crore on expansionHospitality and food services group K Hospitality Corp, which operates restaurants and cafes, food courts and airports stores with brands s...
- Funding, M&As return as food industry recovers to pre-Covid levelsAshish Kapur, promoter of premium bar chains Whisky Samba and The Wine Company, said the group has set aside a corpus of Rs 150-200 crore f...
- Deals are back on dining tables in India againAt least a dozen deals are in stages of negotiations or advanced closure, and interest has picked up from private equity players for fundin...
- Post Burger King and Mrs Bectors stellar response, should investors bet big on QSRs?Shares of Westlife Development, which operates McDonald’s in the West and South through its subsidiary Hardcastle Restaurants, Speciality R...
- Dine-in business stages a comeback but a third of eateries may have shut permanentlyWhile industry estimates say 30% of restaurants and bars have shut permanently, unable to withstand the five-month-long cash burn on accoun...
- At least five of Subway's many franchisees come together to raise funds for expansionUnlike Yum or Domino’s which operate through one or two Indian partners, Subway has followed a structure of multiple franchisee partners in...
- Burger King in talks to revive India plansBurger King Holdings has held fresh discussions with Everstone Capital to revive its India entry plans, said people directly briefed on the...
- Nirula's CEO bets on new market to turn around businessStarted in 1934 by brothers LC Nirula and M Nirula as Hotel India at Delhi’s Connaught Place, Nirula’s ventured into fast-food business in ...
- With just 12 restaurants, American restaurant chain TGI Friday's far behind KFC and McDonald's in IndiaTGIF is in India for 15 years but has just 12 restaurants to show for its efforts. In contrast, KFC, which entered India in 1995, has over ...
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