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.
Yoshiharu secures investment to expand into Korean BBQ market
WEB3 days ago · US-based restaurant operator Yoshiharu Global has secured a non-brokered $1m private placement investment from an accredited investor. The restaurant brand, which is known for its Japanese ramen and rolls, plans to use the amount to fund its expansion into the Korean BBQ (KBBQ) segment, tapping …
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 ...
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 ...
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.
Unveiling the Top Restaurants by Revenue in 2024 - Verdict Food …
WEBNov 12, 2020 · 9. Autogrill – $5.44bn. Autogrill earned $5.44bn in revenue in 2019. Image courtesy of Taljat David/Shutterstock. Autogrill’s 2019 revenues increased by 6.4% year-on-year to €4.99bn ($5.44bn), driven by the company’s airports business channel, as well as new openings and targeted acquisitions over the last two years.
PFG agrees to buy US-based Reinhart Foodservice for $2bn
WEBJuly 2, 2019. US-based food distributor and supplier Performance Food Group (PFG) has signed a definitive agreement with Reyes Holdings to acquire Reinhart Foodservice for a total consideration of $2bn. The deal value covers approximately $1.7bn net of an estimated tax benefit to PFG of approximately $265m.
Lineage Logistics acquires Maines Paper & Food Service assets
WEBMay 21, 2020 · Warehousing and logistics company Lineage Logistics has acquired assets of US-based foodservice distributor Maines Paper & Food Service. May 21, 2020. Maines’ QSR and casual dining distribution customers include Burger King, Tim Hortons and Darden Restaurants. Credit: user Siqbal / Wiki Commons. Warehousing and …
Henderson Foodservice to buy BD Foods in Ireland
WEBEstablished in 1993, BD Foods offers a wide range of frozen and dry goods to the premium foodservice sector across Ireland. The deal is a part of the foodservice company’s future strategy and expansion plans, including a £25m investment in new facilities, staff and business development. “This exciting acquisition is a key milestone in the ...
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.