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Quick service restaurants’ revenue, margin under severe stress; recovery seems distant: Report

The rising popularity of food aggregators has hurt dine-in sales of quick service restaurants (QSR) and has also fragmented delivery salesMumbai: With the exponential growth of food delivery apps like Zomato and Swiggy, quick service restaurant operators are finding...

Jubilant Foodworks net profit declines 18.2% to Rs 65.7 crore in Q3

Its revenue from operations increased 3.47 per cent to Rs 1,378.11 crore during the quarter. It was at Rs 1,331.81 crore in the year-ago periodNew Delhi: Jubilant Foodworks Ltd (JFL), which operates fast-food chains Domino's Pizza and Dunkin' Donuts,...

Coffee Culture: Consciousness Growth

How homegrown quick service restaurant chain Coffee Culture is brewing success with a strategic and eco-friendly approachLaunched in 2004, with a flagship store in Surat, Coffee Culture today has 30 outlets in 22 cities. The brand has a strong...

Layoffs brewing at the Third Wave Coffee

The slew of layoffs that involve 100-120 employees, including the company’s chief technology officer have been mandated by investors, sources saidNew Delhi: Third Wave Coffee has laid off up to 100-120 employees across several departments, according to media reports.The...

Burger Singh Raises Pre-Series B Funding

This funding round was led by Turner Morrison Ltd., with notable participation from Homage Ventures LLP and existing investorsNew Delhi: QSR chain Burger Singh’s parent company Tipping Mr Pink Pvt. Ltd has successfully secured an undisclosed amount in a pre-Series...

Curtain Raiser: Internet Commerce Summit 2023

Internet Commerce Summit (ICS) 2023 is set to offer a unique platform for e-commerce companies to discuss scale and achieve their business ambitions New Delhi: The sixth edition of the much-awaited Internet Commerce Summit by the IMAGES Group is set to...

How QSRs are using tech to elevate experience

Quick-service restaurant (QSR) players are rapidly embracing artificial intelligence (AI), the Internet of Things (IoT), robotics, digitalization and more tech to delight their customersNew Delhi: The Quick Service Restaurant (QSR) market in India is expected to reach Rs 431.27...

Gopizza unveils first container-model outlet in Bengaluru

The new outlet housed within a compact 150 sq. ft. container, is located at Litbox, WhitefieldBengaluru: South Korean pizza brand Gopizza has launched  its first container-model outlet in Bengaluru, located at Litbox, Whitefield introducing a cost-effective and sustainable expansion,...

Samosa Singh opens outlet in Hyderabad

The new Samosa Singh store is located at Sarath City Capital Mall, Kondapur, Hyderabad, Telangana Bengaluru: Homegrown quick service restaurant (QSR) chain Samosa Singh has opened its latest outlet in Hyderabad, the company said in a press release on Wednesday. The...

Burger Singh to open 2 more outlets in Nagpur

Burger Singh already has two company-owned company-operated outlets in the cityNew Delhi: Homegrown burger chain Burger Singh has announced plans to open two more outlets at strategic locations across Nagpur in Maharashtra.The brand already has two company-owned company-operated (COCO)...
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50% of our new clients are now through recommendations: Nikhil Aggarwal, founder, CRA Realtors

Nikhil Aggarwal talks about his journey, achievements and upcoming projects  New Delhi: Nikhil Aggarwal has been an advisor to 400...
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