Sunday, December 22, 2024

franchisee

Devyani International, India's leading franchisee for Pizza Hut and KFC, announced a net loss of INR 49 crore for the quarter ended on March 31, 2024. This contrasts with a profit of nearly INR 60 crore...
TGI Fridays has agreed to an all-share acquisition by Hostmore, its UK-based hospitality business counterpart.The ÂŁ177 million ($220 million) transaction is set to be completed in the third quarter of 2024.Stephen Welker, Chairman of Hostmore, expressed,...

Meridian Restaurants divests 70 Burger King outlets across the U.S. following bankruptcy

Meridian Restaurants Unlimited (Meridian), a franchisee of Burger King, recently declared bankruptcy and subsequently sold off 70 of its restaurants.According to QSR Magazine, the...

Recent articles