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News

Catch up on top restaurant news, regulation updates, and business moves from across the food and beverage sector.

Trends

Swiggy Becomes Majority Indian-Owned as Foreign Shareholding Falls Below 50%

Isha Sagarika -
Swiggy has officially transitioned into a majority Indian-owned company after its foreign shareholding fell below the 50% threshold, a development that could have significant...
Appointments

Denny’s Names Cracker Barrel Veteran as COO Amid Focus on Operational Excellence

Isha Sagarika -
Restaurant companies are increasingly turning to experienced operators to navigate a challenging business environment, and Denny's has made its latest leadership move with that...
Restaurants

Taco Bell Expands Voice AI to Nearly 900 Drive-Thrus as Restaurant Automation Gains Momentum

Isha Sagarika -
Voice artificial intelligence is rapidly moving from pilot projects to large-scale deployment across the restaurant industry, and Taco Bell is among the latest brands...
Restaurants

Chipotle Backs Six More Restaurant Tech Startups as Innovation Becomes a Growth Strategy

Isha Sagarika -
Corporate venture investing is becoming an increasingly important tool for restaurant brands seeking to stay ahead of operational and consumer trends, and Chipotle Mexican...
Trends

Coca-Cola Explores $1 Billion IPO for Indian Bottling Business Amid Growing Beverage Market

Isha Sagarika -
The Coca-Cola Company is exploring a public listing of its Indian bottling operations in a move that could become one of the largest consumer-sector...
Restaurants

Inspira Secures ₹1,800 Crore in Private Credit to Finance Burger King India Acquisition

Isha Sagarika -
Private credit is playing an increasingly prominent role in restaurant acquisitions, and the latest financing secured for the proposed investment in Restaurant Brands Asia...
Restaurants

Restaurant Employment Declines in June as U.S. Foodservice Hiring Loses Momentum

Isha Sagarika -
The restaurant industry experienced a slowdown in employment growth in June, underscoring the increasingly cautious operating environment facing foodservice businesses as labor costs remain...
Restaurants

Jersey Mike’s Files for IPO, Marking a New Chapter for One of the Fastest-Growing Restaurant Chains

Isha Sagarika -
Jersey Mike's Subs has officially filed for an initial public offering (IPO), taking one of the restaurant industry's most anticipated steps toward the public...
Appointments

Buffalo Wild Wings Appoints Scott Nelson as CMO

Isha Sagarika -
Buffalo Wild Wings has appointed Scott Nelson as its new Chief Marketing Officer, strengthening its executive team as restaurant brands increasingly compete through customer...
Restaurants

Papa Johns CFO Ravi Thanawala to Exit as Restaurant Finance Leadership Takes Center Stage

Isha Sagarika -
Papa Johns has announced that Chief Financial Officer Ravi Thanawala will leave the company, marking another significant leadership transition as restaurant brands worldwide sharpen...
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