Global Foodservice News
A large Applebee’s franchisee files for bankruptcy
Atlanta-based Neighborhood Restaurant Partners took the step after it was unable to find a buyer for its 53 locations. Applebee’s is now in line to acquire them. A large Applebee’s franchisee has filed for bankruptcy, and the franchisor is in line to acquire the business. Atlanta-based Neighborhood Restaurant Partners (NRP) filed for Chapter 11 bankruptcy…
Read MoreFast-growing Nothing Bundt Cakes is sold to KKR
The bundt cake chain, which is approaching $1 billion in system sales, is being sold at a reported value of $2 billion. It’s a rare exit for the private-equity firm Roark Capital. Nothing Bundt Cakes, the fast-growing, Dallas-based chain that turned a niche treat in a billion-dollar business, is being sold to the private-equity firm…
Read MoreGlobal Foodservice News — March 15, 2026
Industry Spotlight Burger King appears to come out on top of the burger wars The fast-food chain received a spike in visits last week after the brand’s president went viral for taking a bite of the Whopper, according to data from the food traffic tracking firm Placer.ai. Tom Curtis apparently should go viral more…
Read MoreKimberly-Clark appoints Francesco Tinto as Chief Information and Global Business Services Officer
Kimberly-Clark Corporation announced the appointment of Francesco Tinto as Chief Information and Global Business Services (GBS) Officer, effective March 9, 2026. Tinto will report to Russ Torres, president and chief operating officer of the company, and will join Kimberly-Clark’s executive leadership team. In his new role, Tinto will oversee the company’s information technology and Global…
Read MoreCASE STUDY: Tork Upgrades Hygiene in Canadian Stadium
Tork, an Essity brand, and BC Place, Vancouver, Canada, announced a strategic partnership to elevate hygiene standards, sustainability, and the overall fan experience at one of Canada’s premier venues. Home of the BC Lions of the Canadian Football League and the Vancouver Whitecaps FC of Major League Soccer, BC Place is preparing to welcome millions…
Read MoreSofidel to invest US$775 million to expand tissue production capacity in the United States
The project includes a new 75,000-ton-per-year TAD tissue machine at the company’s integrated facility in Inola, Oklahoma, along with converting lines and an automated warehouse Sofidel, one of the world’s leading manufacturers of tissue paper for hygienic and household use, has finalized details of an expansion plan aimed at strengthening its production capacity in the…
Read MoreHow AI Can Reduce Water Loss
As spring approaches, building managers need to prepare for more than rising temperatures. At present, a large portion of the U.S. is projected to experience below normal precipitation this summer. “These areas are likely to face serious water-related challenges,” says Klaus Reichardt, CEO and Founder of Waterless Co., Inc. “Agriculture, local water supplies, and even…
Read More‘Seafood Robotics’ Company Buys Washington State Processing Plant
Shinkei Systems said the facility would be “a strategic hub for the West Coast seafood industry.” A Southern California “seafood robotics” company announced Wednesday that it has acquired a Washington state facility that will become its first processing plant. Shinkei Systems said that the 16,000-square-foot facility in Tacoma would serve as a “strategic hub” for…
Read MoreWellSpan Rolls Out Robotic Foodservice Operation
WellSpan Health has launched a robotic dining system at a location in York, Pa. Known as Fresh Take Eatery, the dining system provides patients and employees at WellSpan York Hospital with around-the-clock access to on-demand foodservice. WellSpan views Fresh Take Eatery as a complement to existing dining options, saying that it can produce hundreds of…
Read MoreInvestor urges restaurant tech firm PAR to explore strategic alternatives
Voss Capital, which owns more than 13% of PAR stock, argued that the POS company’s struggling share price does not reflect its true value. The big restaurant tech supplier PAR Technology is facing investor pressure to consider strategic alternatives. In a letter last week to the company’s board, Voss Capital argued that PAR’s stock price…
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