A report says that the company’s plan to add 267 restaurants over three years, while same-store sales hover around 3 per cent, creates unit economics pressure that only margin expansion can offset
Previously, Fitzpatrick served in a range of senior leadership positions at Burger King, including Executive Vice President, Chief Brand and Operations Officer.
The company’s revenue from operations jumped to Rs 632.54 crore in the recently concluded quarter from Rs 597.14 crore in Q4FY24
The report states that the dispute revolves around Burger King Corporation, which entered the Indian market in 2014, and a Pune-based burger joint which has been using the name since 2008
The total store count in India marked an increase of 69 on-year to stand at 510 stores as on 31 December 2024
With competition intensifying and consumers’ increased frequency of eating out, the premiumization of food items is driving the growth of food chains. An ICICI Securities research report says “We believe different brands are now catering to varied price points and target audience.” Brands are tapping premiumization, Chizza by KFC (a pizza prototype); Oven Baked Pasta […]
The master franchisee of Burger King in India and Indonesia, Restaurant Brands Asia, owned by private equity firm Everstone Capital, is in talks to sell its about 41 per cent ownership in the company. According to reports, Jubilant Foodworks, which runs Domino’s in India, as well as a group of PE companies Advent International and […]
