57-unit Burger King franchisee files bankruptcy
Apr 16, 2025 · The franchisee’s total debt stands at $36.6m, including $14m in secured loans and more than $21m in unsecured obligations, as reported by QSR Magazine.. With just $179,000 in unrestricted cash, Consolidated has secured a $1.6m debtor-in-possession financing to support its reorganisation efforts.
Vocelli Pizza to open first Texas restaurant in 2025
Apr 8, 2025 · This location will offer dine-in, carryout and delivery options. The expansion into Texas is part of plans to inaugurate ten additional US locations in 2025.. Vocelli Pizza CEO Toni Bianco stated: “Texas has been a key area of focus for our growth and we are thrilled to have Gary’s expertise spearheading the expansion into Texas.
Cold Stone Creamery unveils plans to expand in Oklahoma
Apr 11, 2025 · The ice cream company aims to open eight new stores by 2034. Credit: Jonathan Weiss/Shutterstock. US-based ice cream parlour chain Cold Stone Creamery plans to expand its footprint in Oklahoma City and Tulsa, aiming to capitalise on the growing foodservice sector in the cities. The company intends ...
t'order targets $50m in series C round
Apr 21, 2025 · T’order’s expansion is fuelled by its in-tablet advertising platform, with over three billion monthly ad impressions. Credit: Fran Rodriguez Fotografia/Shutterstock. South Korean table-ordering service provider t’order has launched its Series C fundraising round, aiming to secure $50m from ...
Pappas Restaurants to buy On The Border out of bankruptcy
Apr 1, 2025 · Pappas Restaurants, a Texas-based, family-owned business founded in 1897, is preparing to acquire On The Border Mexican Grill & Cantina, aiming to facilitate the Tex-Mex restaurant chain’s emergence from bankruptcy, as reported by Bloomberg.. On The Border was established in Dallas in 1982 and operates in 80 locations across the US and South Korea.
Fourth introduces AI solution for restaurants
Apr 14, 2025 · The platform combines staff management, HR, payroll and stock control. Credit: Panchenko Valdimir/Shutterstock. Back-of-house tech provider for restaurants Fourth has launched an AI-powered offering to streamline operations for multi-location owners, operators and managers. The Restaurant Operations ...
Burger King faces US antitrust lawsuit over wage suppression
Apr 11, 2025 · The legal battle began in 2018 in the US courts. Credit: TY Lim / Shutterstock.com. A federal judge in Miami, in the US state of Florida, has ruled against Burger King concerning a lawsuit that accuses the fast-food giant of suppressing wages through anti-competitive no-hire agreements across its ...
Marugame Udon plans further expansion in UK and Ireland
Apr 2, 2025 · Marugame Udon entered the UK market in 2021 via a partnership between Toridoll Holdings and Capdesia Group. Credit: Hendrick Wu/Shutterstock.com. Marugame Udon, known for its Japanese cuisine, has signed a master franchise agreement with Karali Group to further expand in the UK and Ireland. Marugame ...
Little Caesars brings back Pretzel Crust Pizza
Mar 27, 2025 · Little Caesars chief marketing officer Greg Hamilton stated: “We heard our fans loud and clear — they wanted Pretzel Crust back, and we knew we had to take it up a notch.”
Indian court issues notice to Zomato and CCI in antitrust probe
Apr 22, 2025 · This marks a development for Zomato, which has been under scrutiny for nearly two years. The NRAI’s original complaint accused foodtech platforms of anticompetitive practices, including deep discounting, bundled services, high commission rates, delayed payments, and imposing one-sided contractual terms on restaurants.