We’ve officially crossed the chasm. The foodservice sector has spent the last few years playing in the sandbox with artificial intelligence, deploying flashy gimmicks that looked great in a pitch deck but rarely moved the needle. As we surge through Q3 of 2026, the narrative has violently shifted: AI in the restaurant space is no […]
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 […]
Luckin Coffee’s low-cost, mobile-app pickup model and local ingredient innovations push its store count past 25,000, establishing market dominance over Starbucks in China.