Global Foodservice News
Chick-fil-A is launching a Honey Pepper Pimento
Trending this week: Chick-fil-A is launching a Honey Pepper Pimento Chicken Sandwich nationwide This week on Nation’s Restaurant News the top story was America’s Top 25 restaurant groups. To discover those restaurant groups across the U.S. that are blending the creative spirit of independents with the operational and financial scale of chains, NRN partnered with…
Read MoreSubway President of North America Trevor Haynes to Leave Restaurant Company at the end of the Year
Subay’s President Trevor Haynes will be replaced by Douglas Fry; Carrie Walsh named president of Europe, Middle East & Africa; Mike Kehoe named global chief development officer. “Trevor has played a pivotal role in shaping the brand’s vision, strengthening our position in the market, and enriching the lives of our guests, franchisees and employees,” said…
Read MoreSubway sells to Affliates of Arby’s investor Roark Capital Group
Subway restaurants Thursday said it has entered into an agreement to sell to private-equity firm Roark Capital Group, moving the franchisor into new ownership for the first time since its founding 58 years ago. Subway, which has headquarters in both Milford, Conn., and Miami, said, “The transaction is a major milestone in Subway’s multi-year transformation…
Read MoreWhy this U.K. McDonald’s franchisee came to the U.S. to open a Farmer Boys with her daughter
In the U.K., McDonald’s franchisees are almost guaranteed success, but Leeza Brazier sold her stores and is starting anew with the California-based fast-casual brand If founders, chefs, and other creatives are the beating heart of the restaurant industry, then franchisees are the veins delivering their ideas to all corners of the globe. Franchising is critical…
Read MoreGlobal Foodservice News – August 15, 2023 Edition
NORMS is elevating its menu while also staying true to the features and value that made it an icon . . . . SoCal Legend NORMS Ready for Next Evolution THE BRAND IS LOOKING AT LAS VEGAS AS IT PREPARES FOR A BOLD FUTURE. Eric Wyatt gathered NORMS managers at a leadership event in Arrowhead,…
Read MoreMore than 10% of all dining dollars are spent from 8 a.m. to 1 p.m. on Saturdays, now the industry’s peak period
Saturday Brunch in Now Busiest Restaurants’ Daypart Like many of us 9-to-5-ers, the restaurant industry lives for the weekend—and Saturday mornings in particular. According to a new report from Square, Saturday brunch is now restaurants’ busiest daypart by sales, replacing Friday lunch as the industry’s most lucrative period. More than 10% of all dining dollars…
Read MoreQDOBA is Planning a major expansion of restaurants.
The Mexican restaurant brand is planning to open 40 new restaurants this year, 60 in 2024, and 80 plus annually beginning in 2025, according to the company. “QDOBA is an exceptionally well-positioned brand in one of the most attractive restaurant categories,” said John Cywinski, chief executive officer of Modern Restaurant Concepts, QDOBA’s parent company. “We…
Read MoreFlynn Restaurant Group adds Wendy’s to its fledging international portfolio
Flynn has signed a master franchise agreement to develop 200 Wendy’s restaurants in Australia by 2034 . . . . . During Wendy’s Q2 earnings call Wednesday, Todd Penegor noted the company’s international success as evidenced by a 7.2% increase in the division’s same-store sales. These numbers, he said, are driving interest in development “from…
Read MoreKrispy Kreme is relying more and more on retail partnerships to spread omnichannel access.
Krispy Kreme’s revenue grew by 9% for the second quarter, thanks to 462 new points of access, with help from burgeoning restaurant and retail relationships like McDonald’s, Amazon, and Costco . . . . Krispy Kreme grows with a boost from partnerships like McDonald’s and now Amazon Fresh Krispy Kreme’s revenue grew by 9% for…
Read MoreDiving deep into restaurants’ estimated sales per unit
Every year, Nation’s Restaurant News and Datassential partner to present The Top 500, the definitive sales ranking of restaurants in America. We also look at unit and estimated sales per unit (ESPU) data in this report. Three of the restaurants with the fastest-growing ESPUs in 2022 were also among the 10 biggest brands by this…
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