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Restaurant Industry News
267 posts
Foodtastic to acquire Canadian fast casual restaurant franchise Freshii
Canadian restaurant brands franchisor Foodtastic will acquire Freshii, a healthy fast food restaurant chain, in an all-cash transaction…
December 23, 2022
CenterOak Partners sells Wetzel’s Pretzels to MTY Food Group
CenterOak Partners has wrapped up the previously announced $207 million sale of Wetzel’s Pretzels to MTY Franchising USA,…
December 11, 2022
Reborn Coffee to acquire specialty coffee shop and roasting R&D facility in Daejeon
Reborn Coffee, a specialty coffee retailer based in California, has inked a binding letter of intent (LOI) for…
December 10, 2022
Spanish restaurant operator AmRest to sell KFC business in Russia to Almira
AmRest Group, a Spanish multi-brand restaurant operator, has entered into a deal to sell its KFC restaurant business…
December 8, 2022
Fleming’s Prime Steakhouse & Wine Bar to open in Fort Lauderdale today
American steakhouse restaurant chain Fleming’s Prime Steakhouse & Wine Bar today will open a new restaurant destination in…
December 7, 2022
NRD Capital to sell fast casual restaurant Fuzzy’s Taco Shop to Dine Brands
NRD Capital Management, an Atlanta-based middle-market private capital partner, has agreed to sell its Experiential Brands subsidiary’s unity…
December 7, 2022
Village Food Courts to bring fast-casual brands Capriotti’s and Wing Zone to India
Capriotti’s Sandwich Shop and Wing Zone have entered into a 50-unit Master Franchise agreement with Village Food Courts…
November 12, 2022
Britt Café & Bakery opens gourmet cafeteria in Santiago de Chile airport
Britt Café & Bakery, a Costa Rican brand, has opened a gourmet cafeteria in Chile, which is located…
July 25, 2022
McDonald’s to sell Russian fast food restaurants to Alexander Govor
McDonald’s Corporation said that it has signed a sale and purchase agreement to offload its Russian business to…
May 21, 2022
Fast food giant McDonald’s to exit Russia, launches sale process
McDonald’s Corporation said that it would pull out from the Russian market and has launched a process to…
May 21, 2022