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Papa Johns CFO Ravi Thanawala Departs for CFO Role at American Eagle Outfitters
Papa Johns CFO Ravi Thanawala resigns to join American Eagle Outfitters, with Chris Collins stepping in as interim CFO amid restructuring.
Daily updates and breaking news from the global F&B industry.
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Yum! Brands Divests Pizza Hut in $2.7 Billion Private Equity Transaction
Yum! Brands has executed a definitive agreement to divest the Pizza Hut brand in a bifurcated transaction valued at $2.7 billion. LongRange Capital, a middle-market private equity firm, will acquire the global operations, excluding mainland China, for $1.5 billion. Concurrently, Yum China Holdings will acquire the mainland China operations for $1.2 billion. Pizza Hut is […]
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Popeyes Franchisee Sailormen Auctions 136 Restaurants Amid QSR Restructuring
A major bankruptcy auction of 136 Popeyes outlets in the Southeast signals consolidation as corporate and institutional operators step in to restructure underperforming units.
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Mom’s Touch Targets US West Coast Flagships to Challenge Chick-fil-A with Hand-Battered Thigh Burgers
Mom’s Touch enters the US West Coast market, using hand-battered thigh meat fillets and unique Korean glaze options to challenge domestic chicken sandwich incumbents.
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KFC China Launches Shanghai’s First Carbon-Neutral Eco-Flagship Unit
KFC China debuts a zero-carbon flagship in Shanghai featuring solar power, recycled interior structures, and circular biogas heating systems to establish new ESG standards.
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Yoshinoya Combats Severe Labor Crunch with AI Cooking Robots and Smart Kitchen Ecosystems
Japan’s Yoshinoya deploys AI cooking robots and automated dish systems in Tokyo to optimize kitchen staffing by 40% amid the country’s severe labor shortages.
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Wendy’s Navigates Backlash Over AI-Powered Drive-Thrus and Surge Pricing Experiments
Wendy’s moves forward with Google Cloud AI drive-thrus alongside controversial dynamic pricing tests that could reshape QSR economics in the United States.