Shopping News / Articles
QSR operator Rex Concepts Group unveils plan for IPO
2+ hour, 36+ min ago (338+ words) The management board estimates that the issuing of new shares could raise up to 560m zlotys ($153m) in gross proceeds. Rex Concepts Group, which holds the master franchise rights for Burger King and Popeyes in Poland, Czechia and Romania, has unveiled plans…...
Door Dash and Wing bring drone deliveries to metro Atlanta
5+ hour, 49+ min ago (331+ words) The metro Atlanta launch expands a network the two companies have developed since 2022. Door Dash and Alphabet-owned Wing have introduced drone-based food deliveries in metro Atlanta area of the US. The service will be available to eligible Door Dash customers…...
Alshaya Group takes over Starbucks operations in Greece and Cyprus
7+ hour, 55+ min ago (242+ words) The business will operate as Alshaya Hellas SMSA in Greece and Murgab Cyprus in Cyprus. Kuwaiti business conglomerate Alshaya Group has taken control of the Starbucks Greece & Cyprus licensed business. The deal makes Alshaya Group, which is itself a Starbucks…...
Marco's Pizza signs 12-unit deal to expand in Southern California
7+ hour, 50+ min ago (304+ words) The latest deal follows an earlier four-unit agreement between Baljit Gill and Marco's Pizza. US-based Marco's Pizza has signed a new 12-unit franchise agreement with multi-unit operator Baljit Gill to expand in Southern California, US. The latest 12-unit deal follows…...
Huey Magoo's signs 15-store deal with SMR Capital Group
2+ day, 6+ hour ago (276+ words) The new outlets are planned in Brazoria, Chambers, Fort Bend, Galveston and Montgomery counties. US-based fast-casual chain Huey Magoo's has signed a development agreement with SMR Capital Group to open 15 restaurants across Texas. The planned rollout will target key markets…...
Restaurants Canada urges provinces to opt into rural TFW cap increase
2+ day, 7+ hour ago (356+ words) Last month, the federal government said it would temporarily lift the TFW cap in rural areas from 10% to 15%. Foodservice association Restaurants Canada has urged the provincial governments to opt into the Temporary Foreign Worker (TFW) cap increase for rural regions,…...
Food delivery platform magicpin rolls out AI assistant
3+ day, 5+ hour ago (271+ words) The company said that more than 100, 000 outlets were onboarded during AI assistant's trial run. Food delivery and e-commerce platform magicpin has launched an AI-based assistant, "Vera', aimed at giving restaurants and retailers real-time visibility into order volumes to support operational…...
Starbucks completes JV deal with Boyu Capital in China
3+ day, 8+ hour ago (379+ words) Starbucks and Boyu aim to open 20, 000 outlets across the country. Starbucks Coffee Company has closed the joint venture (JV) deal with private equity firm Boyu Capital, ceding control of its China "operations. In a statement, Starbucks said the deal, initially…...
Burger King to hire 60, 000 new employees in US
3+ day, 8+ hour ago (348+ words) The restaurant chain is recruiting for roles spanning from entry-level crew to management positions. Burger King (BK) has begun a large-scale recruitment drive across the US as it looks to hire as many as 60, 000 new team members. According to a…...
Investment company Argos purchases German bakery chain Kamps
1+ week, 3+ hour ago (296+ words) Kamps operates 340 outlets across Germany and the Netherlands and has 3. 5 million customer visits each month. European investment entity Argos has acquired German bakery chain Kamps from its current owner, Le Duff Group, for an undisclosed amount. The agreement marks the…...
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