Coca-Cola to acquire coffee shop chain Costa from Whitbread for $5.1bn

(adsbygoogle = window.adsbygoogle || []).push({}); Coca-Cola acquisition of Costa : Soft drinks giant Coca-Cola has agreed to acquire coffee shop chain Costa from British multinational hotel, coffee shop and restaurant company Whitbread for $5.1 billion (£3.9 billion). Coca-Cola acquisition of Costa is expected to give a solid coffee platform More...

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By Soujanya Ravi On Tuesday, August 21st, 2018
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CAVA to acquire rival Mediterranean restaurant chain Zoe’s Kitchen for $300m

Restaurant acquisition news : Mediterranean restaurant chain CAVA Group has agreed to acquire Texas-based rival fast casual restaurant chain Zoe’s Kitchen for about $300 million. CAVA acquisition of Zoe’s Kitchen More...

By businessnewstoday On Sunday, August 19th, 2018
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Hamburger fast food chain Wendy’s sells stake in Inspire Brands for $450m

Restaurant industry news : US-based hamburger fast food chain Wendy’s said that it sold a stake of 12.3% it owned in multi-brand restaurant company Inspire Brands back to Inspire Brands for $450 million. Inspire More...

By Soujanya Ravi On Wednesday, August 15th, 2018
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US chicken restaurant chain Chicken Salad Chick to open new location in Nashville

Restaurant industry news : Chicken Salad Chick, a US chicken restaurant chain, is all set to open a new branch in Nashville, Tennessee at Spring Hill. The new chicken restaurant in Spring Hill will be fourth location More...

By businessnewstoday On Wednesday, July 11th, 2018
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US restaurant management platform Toast raises $115m in new funding

Restaurant industry news : Toast, a US restaurant management platform has raised new funding of $115 million through a Series D round, which it intends to use on speeding up its investment in research and development, More...

By businessnewstoday On Tuesday, June 26th, 2018
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Fast food restaurant chain Leon Restaurants to foray into US

Restaurant industry news : UK-based Leon Restaurants, a fast food restaurant chain is all set to foray into the US by opening a restaurant in Washington, D.C. late this summer. Leon claims to make fast food better More...

By businessnewstoday On Tuesday, March 13th, 2018
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Texas de Brazil opens new churrascaria restaurant in Richmond Heights, MO

Restaurant industry news : Churrascaria restaurant chain Texas de Brazil Churrascaria has opened its first restaurant in Missouri, bringing its churrasco and rodizio-type dining at the Saint Louis Galleria shopping More...

By businessnewstoday On Sunday, March 4th, 2018
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Subway launches new protein-packed Subway Signature Wraps in US

Restaurant industry news : Fast food restaurant company Subway has introduced a new protein-packed Signature Wraps Collection, a meal item in three different flavors in the United States. The Subway Signature Wraps More...

By businessnewstoday On Saturday, February 10th, 2018
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Yum Brands, Grubhub join forces to boost KFC and Taco Bell businesses

Restaurant industry news : Yum Brands will partner with food ordering company Grubhub to boost sales of its KFC and Taco Bell fast food restaurants in the US through the latter’s online ordering platform. Additionally, More...

By businessnewstoday On Saturday, December 30th, 2017
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Ola to buy online food delivery company foodpanda India from Delivery Hero

Ola acquisition of foodpanda India : Indian online cab booking company Ola has struck a deal to acquire foodpanda India, an online food delivery company from Germany-based Delivery Hero for an undisclosed price. In More...