McDonald’s Malaysia has announced its ambitious plans to invest RM1 billion (US$255 million) in the expansion and modernization of its operations over the coming years. This investment will encompass the opening of new stores, refurbishment of established…
McDonald’s Malaysia has announced an aggressive expansion plan that involves an investment of RM1 billion (approximately $254 million) over the next five years. The investment will be used to open 100 new outlets, revamp existing restaurants, and enhance the…
One of McDonald’s long-standing outlets in Tampines Mall, Singapore, is set to close its doors on March 9. The fast-food restaurant has been a staple of the mall for over three decades, making its impending closure a significant moment for both the company…
Yamamoto Hamburg, a Japanese company renowned for its handmade hamburger patties, is set to establish a new outlet in Hong Kong next month. The location of this new establishment will be PopCorn in Tseung Kwan O, marking Yamamoto Hamburg’s first venture in…
Yum China, recognized as the chief operator of Pizza Hut on the Chinese mainland, has recently launched two independent V Burger locations in Futian and Longhua districts in Shenzhen. This move establishes the brand’s inaugural foray into the dedicated burger…
Gordon Ramsay, the renowned chef, has introduced his popular street burger concept in Thailand, with the first outlet opening at Nextopia in Siam Paragon. This venture is in collaboration with Tanachira Group. Ramsay’s Casual Street-Dining Concept The newly…
Popeyes Singapore recently halted the sale of its limited-edition Poppy Fish Burger throughout all its branches following an incident where a customer found mold on her burger bun at the Orchard Xchange outlet. This occurrence has led to a comprehensive…
Restaurant Brands International (RBI) has recently confirmed a $350 million investment deal toward their Burger King China operation via a newly formed partnership with Chinese alternative asset manager, CPE. With a well-established reputation for scaling…
Restaurant Brands International (RBI) recently secured a $350 million investment for its Burger King China division, as part of a new joint venture with China-based alternative asset manager, CPE. This significant investment will support Burger King’s…
Sugarloaf TGIF Management, the parent company of TGI Fridays, has entered into a master franchise agreement with USR Hospitality, an Indian corporation. The intention is to open 51 TGI Fridays restaurants throughout India. Key Personnel John Neitzel, former…
MrBeast Burger, a unique restaurant brand that operates solely through delivery services and was born out of a YouTube sensation, has made its debut in Singapore. The Debut The restaurant’s inaugural virtual spot in Singapore is launched in collaboration with…
Fast-casual dining chain Smashburger has elevated Jim Sullivan to the position of CEO as part of its strategy to bolster its market standing and speed up its franchise-driven expansion. A Wealth of Experience The newly appointed CEO brings with him over two…
The Philippines-headquartered restaurant group Jollibee Foods plans to have 10,000 eateries globally this year, with a focus on North America. The company, known for its fried chicken Jollibee chain, eyes to invest PHP18-21 billion (US$312-364 million) to…
Jollibee Foods Corporation (JFC) posted strong double-digit growth in 2024, with its coffee and tea brands playing a key role in driving revenue and profits. The company’s revenue rose 10.6 percent year-on-year (YoY) to US$4.7 billion, while EBITDA (earnings…
Impossible Foods has launched “Bloody Delicious,” a blind-tasting test to see if local foodies can tell the burger is made with plant-based Impossible alt-beef. According to the brand, the challenge comes after it sees Australians are rapidly turning away…
Restaurant Brands International said on Tuesday it has bought stakes in Burger King China from its local franchisee for about US$158 million, giving it nearly total ownership of the business. The fast food chain operator said it would engage its advisors to…