SEATTLE – Starbucks has certified its 3,508 Greener Stores globally, expanding the program to 20 markets, with many first-in-market Greener Stores across Asia Pacific, Europe, the Middle East and Africa, and Latin America and the Caribbean. Greener Stores are just one example of how Starbucks is working to reduce its environmental impact and build a […]
NEW YORK, June 15, 2022 — Consumers who purchase food for in-home consumption have generally experienced higher price increases relative to what they pay for menu items at quick-service and fast-casual restaurants—a trend that makes restaurants more comparatively appealing, according to Nick Cole, Head of Restaurant Finance at Mitsubishi UFJ Financial Group (MUFG). This is […]
CHICAGO, May 19, 2022 — Following its announcement that it will exit the Russian market and has initiated a process to sell its Russian business, McDonald’s Corporation announced today that it has entered into a sale and purchase agreement with its existing licensee Alexander Govor. Under this agreement, Mr. Govor will acquire McDonald’s entire restaurant […]
WASHINGTON, Jan. 14, 2022 — On Saturday, January 15, the National Restaurant Association Educational Foundation (NRAEF) will begin accepting applications for more than $1 million in scholarships and grants available to individuals pursuing a secondary degree in the restaurant, foodservice, and hospitality industry. “I plan to use my education to open up my own high-end […]
NEWPORT BEACH, Calif., Dec. 16, 2021 — Chipotle Mexican Grill (NYSE: CMG) today announced its first Chipotlane Digital Kitchen restaurant in Cuyahoga Falls, Ohio. The new prototype offers a Chipotlane and walk-up window for efficient digital order pickup. Located at 994 Graham Road in Cuyahoga Falls, Ohio, the restaurant is scheduled to open later this […]
TORONTO, Nov. 15, 2021 – Restaurant Brands International Inc. (“RBI”) (TSX: QSR) (NYSE: QSR) (TSX: QSP) and Firehouse Restaurant Group Inc. (“Firehouse Subs”) announced today that they have reached an agreement for RBI to acquire Firehouse Subs for $1.0 billion in an all-cash transaction. The transaction offers significant long-term unit growth potential to drive attractive […]
MATARAM, Indonesia, Nov. 15, 2021 /PRNewswire/ — Indonesia’s Ministry of Tourism and Creative Economy returns with its latest Cleanliness, Health, Safety, Environment Sustainability (CHSE) Event Protocol (CERPEN) campaign. Held in 11 November 2021 in Mandalika, West Nusa Tenggara, the campaign aims to revive tourism and event businesses by promoting CHSE guidelines to public and local […]
LONDON, Nov. 1, 2021 — Yum! Brands and Decoded today announced their partnership to build an in-house Data Academy in the UK for the international restaurant business. KFC employees will be given the opportunity to gain qualifications in data analytics, learning cutting-edge data science techniques such as machine learning, data visualization and programming in Python. […]
RIYADH, Saudi Arabia, Oct. 23, 2021 /PRNewswire/ — The Saudi Arabian Government has launched the Sustainable Tourism Global Center (STGC), a multi-country, multi-stakeholder coalition that will accelerate the tourism sector’s transition to net zero emissions, as well as drive action to protect nature and support communities. New Global Coalition Will Accelerate Tourism Industry’s Transition to […]
PARSIPPANY, N.J., Oct. 5, 2021 /PRNewswire/ — Wyndham Hotels & Resorts (NYSE: WH), the world’s largest hotel franchising company with approximately 9,000 hotels across nearly 95 countries, and Playa Hotels & Resorts (NYSE: PLYA), a leading owner, operator and developer of all-inclusive resorts in popular vacation destination in Mexico and the Caribbean, announced today the […]
