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KFC, Pizza Hut operator Sapphire Foods reports biggest quarterly profit drop since 2021 IPO
Sapphire Foods India, the company behind KFC and Pizza Hut eateries, reported its largest quarterly profit drop since going public in 2021. This decline...
India’s QSR and soft drink market set for robust growth in 2024, RJ Corp Chairman Ravi Jaipuria anticipates double-digit surge
The growth in the quick service restaurants (QSRs) sector has slowed down, and last year was challenging for soft drinks. The April-June quarter, contributing...
Pizza Hut franchises in California preemptively announce layoffs ahead of $20 minimum wage: Report
Several Pizza Hut franchises in California are gearing up to implement layoffs for delivery drivers, foreseeing an impending increase in the minimum wage for...
Sphera Franchise Group expands KFC presence with new restaurant in Buzau, Romania
Sphera Franchise Group, a prominent fast-food chain operator, has announced the launch of a new KFC restaurant in the southeastern city of Buzau, Romania.According...
Promoter entities of Sapphire Foods sell shares worth INR 530 Crore
Two promoter entities of Sapphire Foods, the operator of KFC and Pizza Hut chains in India, executed block deals on Monday, selling shares worth...
KFC’s growth spree continues in India as it marks opening of 1000th outlet
KFC, the global food services chain, announced on Wednesday that it has achieved a milestone of 1,000 outlets in India, marking one of its...
Subway India refreshes its menu with Coca-Cola, ends 5-year PepsiCo partnership
Subway India has ended its five-year exclusive arrangement with beverages maker PepsiCo India for selling its products at the sandwich and salad chain's outlets....
Sapphire Foods India sees 43% plunge in quarterly profit due to sluggish pizza demand, adopts cautious stance on expansion
Sapphire Foods India, the operator of Pizza Hut restaurants within the country, disclosed on Thursday that its quarterly profit had declined more than anticipated...
Pizza Hut Goes Green: Mahim Store Goes Sustainable!
Pizza Hut, a renowned pizza chain, has recently unveiled its most environmentally conscious establishment yet in India, located at Mahim, Mumbai. This endeavor is...
Pizza Hut extends operating hours in the US, now serving until 2 a.m.
Pizza Hut has expanded its operating hours, now offering service until midnight or even later at numerous branches across the country. As per an...
Pizza Hut sets sights on massive growth in China with plans for 1,500 new stores by 2026
Pizza Hut is planning to embark on an aggressive expansion campaign across China in the next three years. This strategic move is part of...
Consumer groups rally to curb consumption of junk foods in India
A coalition of consumer groups led by the Nutrition Advocacy in Public Interest (NAPi), in collaboration with public health advocates, lawyers, and medical professionals,...
