- In January 2024, Restaurant Brands International revealed its plan to acquire all outstanding shares of Carrols Restaurant Group in a cash-only deal. Carrols, being the largest Burger King franchisee in the U.S., manages over 1,000 Burger King locations and more than 50 Popeyes restaurants across 23 states. This acquisition is expected to significantly strengthen Restaurant Brands International's position in the fast-food sector. This strategic move marks a major step in expanding the company’s market footprint in the U.S. foodservice industry
- In September 2023, Fat Brands, a recognized name in the polished dining segment, completed the acquisition of Smokey Bones Bar & Fire Grill from Sun Capital Partners for USD 30 million. The deal is anticipated to improve Fat Brands’ financial standing, with projected EBITDA growth of approximately USD 10 million. This acquisition is expected to significantly boost Fat Brands’ profitability and market presence
- In June 2023, Pizza Hut launched a new single-serving pizza named “Pizza Hut Melts,” which is cheese-loaded and features a crispy texture. The product is tailored for individual consumption, ideal for snacking and eating on the go. This innovation reflects Pizza Hut’s efforts to tap into the growing demand for convenient, personal-sized food options
- In March 2023, Starbucks announced plans to open around 100 new stores in the U.K. over the following year, as part of its broader investment strategy across Europe. With over 1,000 existing outlets in the U.K., the company also allocated approximately USD 35 million to refurbish its stores over the next three years. This expansion plan is set to reinforce Starbucks' market leadership and enhance customer experience in the U.K.
- In February 2022, White Castle expanded its partnership with Miso Robotics by implementing the “Flippy 2” burger-making robot in an additional 100 locations. The decision followed successful testing in the Chicagoland Area, where the robot showed improvements in operational efficiency and staff productivity. This technological adoption underlines White Castle’s commitment to innovation and automation in foodservice operations
