Category: Restaurant Industry News

Britt Café & Bakery opens gourmet cafeteria in Santiago de Chile airport

businessnewstoday- July 25, 2022

Britt Café & Bakery, a Costa Rican brand, has opened a gourmet cafeteria in Chile, which is located in the Santiago de Chile airport’s new ... Read More

McDonald’s to sell Russian fast food restaurants to Alexander Govor

businessnewstoday- May 21, 2022

McDonald’s Corporation said that it has signed a sale and purchase agreement to offload its Russian business to its existing licensee Alexander Govor. The financial ... Read More

Fast food giant McDonald’s to exit Russia, launches sale process

businessnewstoday- May 21, 2022

McDonald's Corporation said that it would pull out from the Russian market and has launched a process to divest its business in the country following ... Read More

Smoothie King deploys ParTech restaurant technology for payment processing

businessnewstoday- February 6, 2022

ParTech, a restaurant technology company, said that US smoothie chain Smoothie King has selected the company’s technology for secure, compliant payment processing services at its ... Read More

US Foods to open new CHEF’STORE locations in Visalia and Lynchburg

businessnewstoday- February 5, 2022

Foodservice distributor US Foods Holding Corp. revealed plans to open a couple of new US Foods CHEF’STORE locations in Visalia, California, and Lynchburg, Virginia. CHEF’STORE ... Read More

DoorDash to acquire Finland-based Wolt Enterprises in €7bn all-stock deal

businessnewstoday- November 10, 2021

DoorDash, an American online food delivery service, is proposing to acquire Finnish competitor Wolt Enterprises in an all-stock deal valued at around €7 billion. In ... Read More

Tata Consumer Products to offload Tata Cha business to IHCL

businessnewstoday- October 30, 2021

Tata Consumer Products said that it will offload its Tata Cha business to Qmin-Shops, a lifestyle gourmet store chain operated by a subsidiary of Indian ... Read More

Westlife Development to add 150-200 McDonald’s restaurants across India

businessnewstoday- October 13, 2021

Westlife Development, which owns and operates McDonald's restaurants in southern and western India, will invest INR 800-1,000 crores in the next 3-4 years to add ... Read More

JPMorgan Chase to acquire restaurant discovery platform The Infatuation

businessnewstoday- September 12, 2021

JPMorgan Chase has agreed to acquire The Infatuation, a New York-based restaurant recommendation website and messaging service, for an undisclosed price. The Infatuation is a ... Read More

Lunchbox acquires Spread to create no-commission food delivery platform

businessnewstoday- August 3, 2021

Lunchbox, an online ordering engine for restaurants, has acquired Spread, an online marketplace, for an undisclosed price. Spread is engaged in connecting restaurants with diners ... Read More