QSR
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Retail sales grow 2% YoY in August 2024: RAI Survey
Retail sales in August 2024 recorded a moderate increase of 2% compared to the same period in August 2023, according to the latest edition...
Merrill Pereyra steps down as Pizza Hut MD; Rohan Pewekar to take charge
Errill Pereyra has resigned from his position as Managing Director of Pizza Hut India,͏͏ sharing͏͏ the͏͏ news͏͏ in͏͏ a͏͏ LinkedIn͏͏ post͏͏ on͏͏ Monday.Rohan Pewekar...
Everstone Capital sells 2.16% stake in Restaurant Brands Asia for INR 113 Cr; Mirae Asset Mutual Fund acquires stake
Everstone Capital, a promoter entity, sold a 2.16 percent stake in Restaurant Brands Asia for INR 113 crore on͏͏ Wednesday͏͏ through͏͏ an͏͏ open͏͏ market͏͏...
With fresh INR 200 Mn in funding, 99 Pancakes targets rapid expansion across India
Fresh from securing INR 200 million in Series A funding, 99 Pancakes is set to accelerate its brand expansion across India. This ma͏rk͏s ͏the...
Biryani maker Charcoal Eats targets INR 150 Cr turnover; hints innovative category launches
Mumbai-based QSR startup Charcoal Eats is gearing up for its next phase of growth following a fresh infusion of INR 45 crore in funding....
Dine-out chains in India expect 25-30% sales surge in festive season after slow start to year
Large dine-out chains in India are anticipating a rise in footfalls during the October-December festive season following two consecutive quarters of sluggish sales.͏͏͏Dem͏an͏͏d͏͏ Dec͏lin͏e...
McDonald’s introduces digital ordering stations, reducing need for human cashiers
McDonald's Corp. is moving towards a future where human cashiers may no longer be needed.͏T͏͏͏h͏e ͏͏wo͏r͏ld͏͏͏'s l͏a͏r͏ge͏͏s͏͏t ͏b͏͏u͏rg͏er͏ ͏c͏hain͏ ͏i͏s i͏n͏͏͏t͏͏ro͏d͏u͏cin͏g͏͏ ͏͏a new͏͏ f͏o͏͏r͏m͏͏͏at͏͏...
Bird Group plans aggressive growth for Bird Foods, targeting 105 new QSR and casual dining outlets by 2026
Bird Group, a trailblazer in the Indian business sector with over fifty years of distinguished service, is set to make notable advancements in the...
QSR industry sees continued pressure on dine-in channel as delivery platforms gain ground
The quick-service restaurant (QSR) sector is facing a slowdown due to weakened consumer demand and a tough macroeconomic climate. A BNP Paribas India report...
McDonald’s India and CSIR-CFTRI join forces to offer burgers with multi-millet bun
McDonald's India, which operates a QSR chain in the West and South through its franchisee Westlife Foodworld, will introduce burgers with a multi-millet bun,...
Chalu Chinese, The Indian Momo Co. to expand with six new outlets this month
Bhopal-based food and beverage brands Chalu Chinese and The Indian Momo Co. are set to open six new outlets this month, according to a...
Rebel Foods cuts net loss by 42% in FY24, revenue increases 19% YoY
Cloud kitchen unicorn Rebel Foods reduced its net loss by 42% to INR 378.2 crore in FY24, down from INR 656.5 crore in the...