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2 mins read

Devyani International reports Q1 profit of ₹224 crore

Revenue from operations in the quarter was Rs 1,221.90 crore as against Rs 846.63 crore in the …

PTI   


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2 mins read

A mega restaurant chain is on a mission to get half of China to eat KFC and Pizza Hut by 2026

Yum China operates over 10,000 KFCs and 3,300 Pizza Huts in China, with more than half of these sto…

Matthew Loh   


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3 mins read

The Quick and the Dead: How fast food players lost their pandemic boom effect

Fast food helped Indians get over the pandemic blues — as pizzas, burgers and fried chicken helped …

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5 mins read

Cheese burst: Quick service restaurants see muted growth ahead

In addition to raw material inflation, the ability of quick service restaurants' ability to increas…

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3 mins read

Pizza Hut franchisees lay off more than 1,200 delivery drivers in California as restaurants brace for $20 fast-food wages

PacPizza, a Pizza Hut franchisee, plans to lay off its entire fleet of delivery drivers ahead of Ca…

Nancy Luna   


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4 mins read

Brick and mortar retailers are growing and fuelling e-retail growth too

Brick and mortar retail to grow at 14-16% this fiscal, driven by continued expansion across segment…

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5 mins read

Foreign brands bet big on Bharat’s bulging wallets

Companies like BMW, Mercedes-Benz, Lamborghini, and others are eyeing smaller towns and cities like…

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2 mins read

McDonald's was the first major restaurant chain to pull out of Russia and it shows the burger giant is still leading the fast-food world

McDonald's made the first call in fast food, and says it could lose out on $50 million a month. Sta…

Mary Meisenzahl   


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2 mins read

Taco Bell's parent company opened a restaurant every 2 hours in 2021, and it shows customers are loving fast food more than ever

Yum Brands, operator of Taco Bell, KFC, and Pizza Hut, opened over 4,100 new restaurants in 2021, a…

Mary Meisenzahl   


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3 mins read

Beyond Meat plans to hike prices and sharply cut costs as part of a huge turnaround plan to fight slumping sales of plant-based meat

Beyond Meat's US sales fell by a third in 2023. The company attributed it to "misinformation," sale…

Grace Dean   


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2 mins read

Pizza Hut is building an AI that it says will recommend food to you based on your local weather

Pizza Hut is developing an in-house AI, rather than buy off-the-shelf programs, that knows what cus…

Anna Cooban   


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2 mins read

Devyani International IPO: Here’s how to check the allotment status and more

The allotment status of the initial public offering (IPO) of Devyani International Limited, which e…

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3 mins read

Pizza Hut, KFC, Costa Coffee operator Devyani International to raise an estimated ₹1,400 crore through IPO

The company is looking to raise ₹ 1,400 crore through the IPO, according to market sources. Howe…

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2 mins read

Pizza Hut just introduced Detroit-Style pizza - here's what it looks like

Pizza chains have largely been winners in a pandemic that's deeply hurt the restaurant industry at …

Mary Meisenzahl   


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8 mins read

Marketing in the times of COVID-19: Pizza Hut

Pizza Hut has launched a campaign called #QualityTimeNotQuarantine.

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3 mins read

Indians now want to eat out instead of delivery – a move that’s hitting pizza makers the most

Indians are wanting to step out for their meals, and that’s hurting quick-service restaurants (QSRs…

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2 mins read

Beyond Meat and Pizza Hut unveil plant-based pizza, after a dramatic Monday for the faux 'meat' maker

Pizza Hut is the first national chain to roll out a plant-based pizza.

Kate Taylor   


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2 mins read

The battle for streaming TV ad dollars is growing internationally

Here are the top media and advertising stories from Business Insider for August 18.

Lauren Johnson