New York style pizza chain Sbarro opens new pizza restaurants in Dhaka

New York style pizza chain Sbarro opens new pizza restaurants in Dhaka

Sbarro pizza outlets opening : New York style pizza chain Sbarro has partnered with Khan Bahadur Foods, its franchise partner to inaugurate eight new pizza restaurants in Dhaka, Bangladesh. All the Sbarro pizza outlets were inaugurated simultaneously in Bangladesh capital city as per the latest restaurant industry news. Sbarro became the first New York style […]

US fast casual restaurant chain Cafe Rio acquired by Freeman Spogli

US fast casual restaurant chain Cafe Rio acquired by Freeman Spogli

Restaurant industry news : Los Angeles-based private equity firm Freeman Spogli & Co has acquired a majority stake in Utah-headquartered US fast casual restaurant chain Cafe Rio Mexican Grill. Neither the stake nor the acquisition amount was disclosed by the concerned parties. However, Café Rio will be continued to be led by its existing management […]

Serafina opens first Italian restaurant in Riyadh, KSA

Serafina opens first Italian restaurant in Riyadh, KSA

Northern Italian eatery Serafina has opened its first ever restaurant in Saudi Arabia, at Riyadh on Saturday. With this new Italian restaurant in Riyadh, Serafina has taken its total of upscale restaurant chains across the globe to 35. Serafina Riyadh Italian restaurant which would serve Northern Italian cuisine comprises two floors and is the largest […]

Church’s Chicken to expand in the US with $40m investment

Church’s Chicken to expand in the US with $40m investment

Fast food restaurant company chain Church’s Chicken which specializes in fried chicken is all set to have a massive expansion with an investment of $40 million in the US. Its new franchisee, Volunteer Chicken is to open 10 new restaurants having secured the rights and getting the necessary financial backing from the American Development Partners […]

Thai Union Group invests $575m in Red Lobster seafood restaurant chain

Thai Union Group invests $575m in Red Lobster seafood restaurant chain

Thailand-based global seafood supplier Thai Union Group has made a strategic investment worth $575 million in Red Lobster, the world’s largest seafood restaurant company. Thai Union Group for more than two decades has also been a strategic supplier of seafood to Red Lobster. Its annual sales average THB 125 billion (US$ 3.7 billion). Despite the […]