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WEBThe Addams Family Menu includes Wednesday’s Whopper, Thing’s Rings, Gomez’s Churro Fries, and Morticia’s Kooky Chocolate Shake. News.
Insights - Verdict Food Service
WEBDeals. Who’s investing where? Digitalization related Private equity deal activity in the retail, wholesale & foodservice industry increased by 20% in Q1 2023. Deals. Who’s acquiring who? Ecommerce M&A activity in the retail, wholesale & foodservice industry decreased by 27% in Q1 2023. Deals.
Top Ten Food Service Companies: Market Analysis and Rankings
WEBMay 8, 2019 · The company’s KFC division opened 1,558 new restaurants and accounted for a 46% revenue share in 2018. The Pizza Hut division opened 860 restaurants and contributed 17% of the total revenue, whereas the Taco Bell division opened 309 new restaurants and contributed a 36% revenue share. 5. Darden Restaurants – $8.3bn.
Fast-food brands engage Gen Z audiences with NFTs and online …
WEBNov 30, 2021 · The Gen Z generation is also the most loyal to quick-service restaurant (QSR) brands, with more than half (53%) claiming to visit fast-food restaurants at least once a week according to GlobalData’s Q3 2021 consumer survey. This stands in stark contrast to older generations, where only 20% of Boomers and 11% of Silent Gen report the same.
McDonald’s takes the lead on environmental responsibility in QSR
WEBOct 31, 2018 · McDonald’s decision to go above and beyond in its response to customers’ concerns over environmental issues will go a long way in building trust in the brand. McDonald’s has revealed that over 95% of the 1,800 new restaurants in China would be designed to meet the ‘LEED’ and ID+C certification standard issued by the U.S. Green ...
Compass Group acquires UK food business CH&CO
WEBMay 2, 2024 · Contract food services company Compass Group UK & Ireland has completed the acquisition of CH&CO, a UK and Ireland food services provider. The deal, first announced in January 2024, has been concluded after it received regulatory approvals. Compass Group UK & Ireland CEO Robin Mills said: “I …
Sysco to acquire Edward Don & Company - Verdict Food Service
WEBOctober 12, 2023. Sysco expects the acquisition to create a specialty Equipment and Supplies platform. Credit: werner moser from Pixabay. Sysco Corporation has agreed to acquire US-based Edward Don & Company (DON), a distributor of foodservice equipment, supplies and disposables. The financial terms of the deal have not been undisclosed.
US Foods closes $970m Smart Foodservice Warehouse Stores …
WEBApr 27, 2020 · By GlobalData. The deal closed more than a month after the two companies entered a definitive agreement to execute the transaction. As agreed, US Foods paid $970m in cash as consideration. Established in 1955, Smart Foodservice operates warehouse-format stores that provide restaurant supplies. The company operates approximately 70 small-format ...
Newly launched firm Legacy Food acquires four foodservice …
WEBSep 11, 2023 · Credit: Ruchindra Gunasekara/Unsplash. US-based holding company Legacy Food Group has announced the acquisition of four foodservice companies: Keck’s Food Service, M&V Provisions, Thomsen Foodservice and Legacy Foodservice Alliance. The newly launched holding company has been set up to acquire high-quality, mid-tier or larger distributors ...
Unveiling the Top Restaurants by Revenue in 2024 - Verdict Food …
WEBNov 12, 2020 · 10. Zensho Holdings – $5.13bn. 1. Starbucks – $26.5bn. Starbucks opened 96% of its company-operated stores in the US by the end of the third quarter of 2020. Image courtesy of Starbucks Corporation. US-based coffee chain Starbucks reported $26.5bn in revenue in 2019, witnessing a 7% growth year-on-year.