Sunday, December 21, 2025

QSR

Rapid growth of Zomato and Swiggy to dent QSR sales: BNP Paribas Report

The swift growth and increasing popularity of foodtech giants Zomato and Swiggy are expected to negatively impact sales in the quick-service restaurant (QSR) sector,...

Retail sales growth slows down as India’s revenge shopping fades

After a surge in spending across various segments—from clothing to automobiles—driven by revenge shopping in the post-pandemic period, India's retail sales growth is now...

CYK Hospitalities strengthens its leasing portfolio for QSR brands

CYK Hospitalities, an end-to-end F&B consultancy firm, has announced notable strides in reinforcing its leasing portfolio for Quick Service Restaurant (QSR) brands in the...

Devyani International forms JV with PVR Inox to develop food courts in malls

Devyani International, the operator of well-known quick service restaurants (QSRs) like KFC and Pizza Hut, established a 51:49 joint venture with cinema operator PVR...

Fast-food chains pin hopes on gradual demand recovery amid soft market conditions

The fast-food industry faced significant underperformance in the previous fiscal year. Following a strong performance in fiscal 2022 and the first half of fiscal...

KFC Malaysia temporarily closes outlets, citing economic challenges

KFC Malaysia has decided to temporarily shut down its outlets across the country, attributing the move to challenging economic circumstances. This decision follows reports...

India’s QSR sector set to soar to USD 38.71 Billion by 2029, but non-compliance threatens growth trajectory

With India's food industry experiencing remarkable growth, the Quick Service Restaurant (QSR) sector is expected to achieve a significant milestone, reaching USD 38.71 billion...

Magicpin to expand workforce with 250 new hires over next 6 months

Magicpin, a hyper-local e-commerce company, plans to hire over 150 professionals for its sales and acquisition team, as well as 100 people for the...

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