Hormel Foods divests its Brazilian charcuterie division Ceratti to Zanchetta Alimentos to focus capital on higher-margin global core brands.
Papa Johns CFO Ravi Thanawala resigns to join American Eagle Outfitters, with Chris Collins stepping in as interim CFO amid 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.
McDonald’s introduces its ‘NEXT’ global growth strategy, focusing on menu engineering, automated hospitality, and back-of-house efficiency to drive expansion toward 50,000 units.
Starbucks responds to Ozempic-driven diet changes by launching a new 8 oz beverage size, expanding low-sugar customization, and prioritizing high-protein food options.
Wendy’s moves forward with Google Cloud AI drive-thrus alongside controversial dynamic pricing tests that could reshape QSR economics in the United States.