Catering and hospitality
144 news found
CoffeeArla and Starbucks celebrate successful 10 year partnership
The partnership has been a success from the start
2020 marks 10 years since European farmer-owned dairy cooperative Arla Foods and the American coffee company Starbucks partnered up to combine chilled coffee and milk for the ready to drink (RTD) market. The partnership has been a success from the start, securing continuous growth in a high pace global market, in which unit production has increased by no less than 1700 per cent. more
Catering and hospitalityAutogrill: FY2019 preliminary revenue up by 6.4% to €5.0bn
Strong revenue growth and results in line with guidance
The Board of Directors of Autogrill S.p.A. reviewed and approved on the 6th of February the preliminary consolidated revenue performance for the twelve months ended 31 December 2019.Revenues were €5.0bn, +... more
Catering and hospitalityAutogrill strengthens at North American airports
New contracts and openings in Texas and Florida
Italian Autogrill announced on 10th of January the winning of new contracts and new openings in North America in the airport channel through the subsidiary HMSHost. A new 10-year contract worth $ 186... more
Catering and hospitalityCremonini and Percassi sign an agreement to develop catering activities
Chef Express acquires 60% of Percassi Food & Beverage, which becomes C&P
Chef Express, the company that manages the Cremonini Group's catering services, and Percassi, a leading company in real estate development and the management of important brands’ commercial networks, h... more
Catering and hospitalityRestaurant Brands International Reports 2Q 2019 Results
Global system-wide sales increased 7.9%
Restaurant Brands International reports global system-wide sales increased 7.9% in Q2 to follow on last year's 7.3% increased. Comparable sales were up 0.5% for the Tim Horton's chain, 3.6% for Burger... more
Catering and hospitalityStarbucks reports strong quarterly sales (+6%)
EPS of $0.78, up 26% over the prior year
Starbucks Corporation reported financial results for its fiscal third quarter ended June 30, 2019. “Starbucks delivered strong operating performance in the third quarter, further demonstrating that our ‘... more
Catering and hospitalityMcDonald's Reports Second Quarter 2019 Results
EPS of $2.05 and revenue $5.34B (-0.2% Y/Y) in-line
McDonald's Corporation announced results for the second quarter ended June 30, 2019. Results for the quarter and six months in constant currencies reflected stronger operating performance primarily due... more
Catering and hospitalityKura Sushi USA files for IPO on Nasdaq
American subsidiary of Japanese chain plans to operate 290 restaurants (from current 22)
Japanese sushi restaurant chain Kura announced that its American subsidiary, Kura Sushi USA, has applied to the U.S. Securities and Exchange Commission for permission to list shares on the Nasdaq composite.... more
Catering and hospitalityElior Group completes the sale of Areas to Pai Partners
In Italy the company controls MyChef, one of the most important travel retail players
Elior Group has completed the sale of its subsidiary, Areas (which constitutes the Group's concession catering activities), to PAI Partners for a net total amount of c. €1.4 billion - corresponding to a... more
Catering and hospitalityCompass Group agrees to buy Fazer Food Services
The deal has been valued for around €475 million
Finnish Fazer Group has agreed to sell Fazer Food Services, a premier food service provider in the Nordic region and Russia, to Compass Group. The deal has been agreed for around €475 million, and marks F... more
Catering and hospitalityHMSHost (Autogrill) enters the Food & Beverage service sector for American Airlines' lounges
The agreement concerns 51 locations in North America and will last 5 years
Italian Autogrill Spa, through its subsidiary HMSHost, will be the exclusive food&beverage service supplier for American Airlines’ airport lounges throughout North America for the next five years, with a... more
Catering and hospitalityDomino's Pizza, strong growth in 1st quarter 2019
Global retail sales of nearly $3.3 billion (+4,6%). The Italian branch reaches 30 stores
In the first quarter of 2019, Domino's had global retail sales of nearly $3.3 billion (+4,6%), with over $1.6 billion in the U.S. and nearly $1.7 billion internationally.The largest pizza company in the... more
Catering and hospitalityMcDonald’s to buy Israeli digital startup Dynamic Yield
The Company will pay more than $300M, according to WSJ
McDonald's agrees to acquire Israeli personalization and decision logic technology company Dynamic Yield, which MCD says will make it one of the first companies to integrate decision technology into the... more
Catering and hospitalityNew Italian openings for Starbucks
Three new stores in Milan (Garibaldi, San Babila and Malpensa)
New points of sale opened with the licensee partner for Italy Percassi more
Catering and hospitalityAutogrill: a new general manager
In charge of administration, finance, control and business services
Autogrill SpA announces that the parent company of the Group has received the new position of the General Manager, in charge of the Company's administration, finance and control and directly reporting... more
Catering and hospitalityHMSHost Int. (Autogrill) wins 10-year contract with NS Retail
The Group strengthens its operations in the Dutch railway channel
Italian Milan based Autogrill S.p.A. announces that through its subsidiary HMSHost International it has won a tender called by NS Stations in The Netherlands and secured a new 10-year contract to operate... more
Catering and hospitalityInvestindustrial invests in Dispensa Emilia
The chain operates in Italian “Fast Casual Dining” segment
An investment subsidiary of Investindustrial Growth – an investment fund dedicated to small and medium-sized European companies with potential for high growth – has acquired a 70% stake in Dispensa Emil... more
Catering and hospitalityMcDonald’s planning new layoffs in the USA
Cuts as part of a half-billion-dollar restructuring plan by the end of 2019
McDonald’s is planning new layoffs. Further to rumors transpired by an internal communication document, the fast-food giant plans job cuts as part of a restructuring plan to save half-billion dollars b... more
Catering and hospitalityDomino’s Pizza doubles its presence in Bergamo
The chain has an important development plan in Italy: upcoming openings in Bologna and Turin
Domino’s Pizza doubles its presence in Bergamo, in the North of Italy, in Lombardy Region, and, less than one year after opening the store in via Broseta 65, inaugurates its second pizza shop in Via A... more
Catering and hospitalityBarilla to conquer USA: fast casual openings in Nyc and LA
The Italian pasta leader is growing in its development plan on foreign markets
The expansion of Barilla restaurants in the United States continues. New fast-causal openings on all the coasts of the United States, in Los Angeles and New York. The ambitious project of the Parma food... more
Catering and hospitalityAutogrill: Alessandra De Gaetano Chief Operating Officer in Spain
Replacing Octavio Llamas, Chief Operating Officer Iberia, who is leaving the Company
Autogrill announces Alessandra De Gaetano’s appointment as its new Chief Operating Officer Spain replacing Octavio Llamas, Chief Operating Officer Iberia, who is leaving the Company.Alessandra De Gaetano r... more
Catering and hospitalityAugusto Srl in Milan at the new CityLife shopping center
The Italian Jesi-based company fitted out as general contractor three important food service formats
There is a touch of made in Marche Region entrepreneurship inside CityLife Shopping District - the largest urban shopping center, designed by Zaha Hadid - that is opened in Milan.Augusto Srl, the Jesi-based... more
Catering and hospitalityAutogrill announced the corporate reorganization
The Reorganization Project is aimed at separating the management and coordination activities
Autogrill S.p.A. announced that today its Board of Directors has identified the preliminary framework of transactions for the implementation of the corporate reorganization project launched and announced... more
Catering and hospitalityKFC brings back the Colonel
Company features Colonel Sanders in modern-day ads
The Louisville-based chicken chain Kentucky Fried Chicken has spent the past couple of years searchig various actors to play its iconic founder. Now the company is featuring old video of the original Sanders... more