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Foodservice

Exploring KFC’s technology-focused restaurant concept

KFC is set to launch a new concept called Saucy by KFC in Orlando, Florida, which will feature 11 new dips and crispy chicken tenders along with an 11-item beverage menu. This new concept aims to differentiate KFC from its competitors and attract more...

Peter Island becomes a part of the Legend Collection by Preferred Hotels & Resorts

Peter Island Resort, a luxurious Caribbean private island hideaway in the British Virgin Islands, has recently been accepted into the prestigious Legend Collection of Preferred Hotels & Resorts. This exclusive collection showcases exceptional properties in the world's most remarkable destinations, offering guests unforgettable...

Restaurants Canada Continues to Urge Government

The Fall Economic Statement released by the federal government missed an opportunity to further support the foodservice industry, despite the positive impact of the GST and HST holiday tax break. This tax break has provided temporary relief to restaurants, which have faced challenges due...

Wendy’s Strategic Store Closures and Expansion: A Game-Changer for the Fast-Food Chain

In the competitive landscape of fast food, adaptability is key. As one of the most recognized fast-food brands globally, Wendy’s has taken a bold step in its strategy for growth by deciding to close underperforming restaurants while simultaneously expanding into high-growth markets. This approach...

McDonald’s Partners with Krispy Kreme for Nationwide Doughnut Rollout

Starting October 15, McDonald's will begin offering Krispy Kreme doughnuts in select restaurants in the Chicago area, marking the first phase of a major partnership between the two iconic brands. By the end of 2024, Krispy Kreme doughnuts will be available in up to...

World’s Top 10 Largest Food Services Companies

This report provides an overview of the world's top 10 largest food services companies based on their revenue, market presence, and global impact.