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News

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

Restaurants

Chili’s Caps Third Year of Turnaround with 23.7% Same-Store Sales Surge in Q4

Isha Sagarika -
Chili’s Grill & Bar has wrapped up its third year of transformation with a standout 23.7% increase in U.S. same-store sales for the fourth...
Appointments

Wow! Momo Names Nimish Chaudhary as Chief Technology Officer

Isha Sagarika -
In a significant leadership maneuver this August 2025, India’s fastest-growing homegrown QSR brand Wow! Momo Foods has appointed Nimish Chaudhary as its new Chief...
Appointments

Lemon Tree Hotels Announces Changes in Strategic Leadership From Oct 1, 2025

Isha Sagarika -
In a decisive step toward institutionalizing leadership and bolstering strategic governance, Lemon Tree Hotels Ltd has announced a sweeping leadership restructuring effective October 1,...
Appointments

Smashburger Promotes Jim Sullivan to CEO

Isha Sagarika -
In a pivotal move for the brand, Smashburger—now under the Jollibee Foods umbrella—has promoted Jim Sullivan to CEO, with immediate effect. Previously serving as...
Restaurants

KFC and Pizza Hut Battle U.S. Sales Declines Amid ‘Gaps in Value Perception’

Isha Sagarika -
In the recently reported second quarter of 2025, Yum! Brands confronted a familiar—but increasingly urgent—issue: its legacy chains KFC and Pizza Hut are underperforming...
Trends

India’s Hospitality Sector Sees Record FDI Surge, Investment Jumps Over Twofold in 2024

Isha Sagarika -
In a major boost for India’s hospitality sector, Foreign Direct Investment (FDI) surged by a striking 216% between 2023 and 2024, climbing from ₹3,636.25...
Appointments

Bloomin’ Brands Overhauls Leadership, Taps New CFO to Drive Turnaround

Isha Sagarika -
Bloomin’ Brands, the parent company behind stalwart casual dining names such as Outback Steakhouse, Carrabba’s Italian Grill, Bonefish Grill and Fleming’s Prime Steakhouse, has...
Trends

Swiggy May Pull Back from Rapido Over Rising Conflict

Isha Sagarika -
Swiggy is actively re‑evaluating its roughly 12 % stake in bike‑taxi platform Rapido, amid growing concerns of a conflict of interest triggered by Rapido’s recent...
Appointments

Pete Suerken steps in as Wendy’s U.S. president, replacing Abigail Pringle

Isha Sagarika -
In a significant operational pivot, The Wendy’s Company has appointed Pete Suerken as its new President, U.S., effective immediately, succeeding Abigail Pringle, who will...
Appointments

Jonathan Fitzpatrick Appointed CEO of Subway

Isha Sagarika -
In a major leadership announcement that marks a new chapter for one of the world’s largest QSR brands, Subway has appointed Jonathan Fitzpatrick as...
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