Find out what we've discovered about

Yum! Brands latest purchase, Aramark's new CFO and market research about energy drinks

Dear Reader,

Our weekly newsletter covers noteworthy and curious news from the international hospitality business. Find out what we've discovered about Yum! Brands latest purchase, Aramark's new CFO and the use of restaurant smartphone apps. Also, take a look at our market research all about the popularity of energy drinks in Europe.

Enjoy reading!
Your foodservice Bites team

Market Research
What can you do if you lack energy? Sleep more  - or have an energy drink! In the last year the segment of energy drinks in the out-of-home market grew by 12% (BIG 5 European average). In absolutely no European country did the numbers decline. Quick service restaurants are the most common place to buy these beverages, followed by retail/convenience stores and workplace canteens, although local differences exist.
www.npdgroup.com

Brands

Yum! Brands pays $350 m for a burger concept
The parent company of KFC, Taco Bell and Pizza Hut is expanding their portfolio with the purchase of the California-based burger chain. (Approx. reading time: 3 min.)
www.nrn.com

Burger King tests Impossible Sausage
After the successful launch of the Impossible Whopper, the fast food chain plans to release an Impossible Croissan'wich later this month. (Approx. reading time: 2 min.)
www.restaurantbusinessonline.com

Greggs pays bonus to staff

The British bakery group has announced a £7 m one off payment to employees following an exceptional year in 2019. (Approx. reading time: 3 min.)
www.bbc.com

Delivery

Carrefour acquires lunch delivery company
In a move to become the leader in grocery-e-commerce, the French food retailer has bought the lunch delivery company Dejbox. (Approx. reading time: 3 min.)
www.forbes.com

Delivery companies are turning to Africa
International and national contenders are fighting for a spot in the continents awakening delivery market.  (Approx. reading time: 5 min.)
www.weetracker.com

Operations

Aramark names new CFO
Thomas Ondrof, former CFO of the Performance Food Group, takes on the role of CFO and executive vice president at the international catering company. (Approx. reading time: 2 min.)
www.food-management.com

Jamie Oliver's creditors lose £80 m
KPMG, administrator of the collapsed Jamie's Italian restaurant chain, revealed in their latest progress report that most of the losses owed by the brand will not be recovered. (Approx. reading time: 2 min.)
www.guardian.com

Are restaurant smartphone apps truly successful?
A survey carried out by research company Peachtree Corners finds that while acceptance is high, loyalty isn't. (Approx. reading time: 5 min.)
www.nrn.com

By the way

Food from Pompeii
Celebrity chef Heston Blumenthal offers guests in his Dinner by Heston Blumenthal restaurant a special menu inspired by the ill-fated Roman town of Pompeii.
www.bighospitality.co.uk

If you would like to read more in-depth stories from the international hospitality business, take a look at our trade journal for the Horeca sector foodservice Europe & Middle East. Jetzt im E-Paper lesen

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