QSR

Samba TV's State of Viewership Report Finds Declining Linear Reach and Surge in OTT Hours Watched, Shaping Advertising Opportunities in 2024

Retrieved on: 
Thursday, February 8, 2024
Dominoes, Generation Z, SAN, FAST, Target, Social media, QSR, Sport, Human, Television, CBS, NFL, ABC, Paramount, Smart TV, WGA, Walmart, Weather, Broadcast programming, SVOD, Samba TV, Connected, CTV, OTT, Netflix, Advertising, NBC, Churn

The report offers an in-depth macro analysis of the state of linear, streaming, and advertising with some compelling takeaways for brands, agencies, publishers, and platforms.

Key Points: 
  • The report offers an in-depth macro analysis of the state of linear, streaming, and advertising with some compelling takeaways for brands, agencies, publishers, and platforms.
  • Among the standout findings, linear continued its decline in reach while streaming viewership swelled.
  • Samba TV’s report sheds further light on television viewership changes, including:
    Year-over-year, linear TV reach experienced a slight decrease and remained steady compared to the first half of 2023.
  • For more insights and to access the full State of Viewership report by Samba TV, please download here .

Givex Corp. Plays Integral Role in National Kitchen Tech Upgrade for KFC Canada

Retrieved on: 
Wednesday, February 7, 2024
KFC, QSR, Kalex, Improper integral, TSX, Acquisition, Sale, Food delivery

KFC Canada has been a longtime client of physical and digital retail enablement company Kalex, which was acquired by Givex in 2022

Key Points: 
  • KFC Canada has been a longtime client of physical and digital retail enablement company Kalex, which was acquired by Givex in 2022
    TORONTO, Feb. 7, 2024 /PRNewswire/ - Givex Corp. (TSX: GIVX) (OTCQX: GIVXF) announced today that longtime client KFC Canada has completed a national kitchen technology upgrade across 402 stores implemented to improve the guest experience across all digital platforms.
  • This upgrade is part of KFC Canada's long term strategic initiative to leverage technology to meet evolving customer expectations in the ultra-competitive QSR space.
  • To support this upgrade, Givex partnered with Lenovo Canada and KFC Canada's internal application team to integrate the solution into the stores' existing IT infrastructure.
  • Going forward Givex will support the hardware platform as part of its ongoing service agreements with the KFC Franchisee group.

J&J Snack Foods Reports Fiscal 2024 First Quarter Revenue of $348.3M and Net Earnings Growth of 9.8%

Retrieved on: 
Monday, February 5, 2024
Slushy, Growth, Mobile device, GAAP, QSR, Overalls, PIN, Oil, Marketing, Snack, Foodservice, Conference call, J&J Snack Foods, Flour, Pretzel, Conference, Video game

Dan Fachner, J&J Snack Foods Chairman, President and CEO, commented, “J&J Snack Foods continues to execute on our long-term strategy while managing through a softer consumer environment.

Key Points: 
  • Dan Fachner, J&J Snack Foods Chairman, President and CEO, commented, “J&J Snack Foods continues to execute on our long-term strategy while managing through a softer consumer environment.
  • Fiscal first quarter net sales declined approximately 1%, in line with trends in the overall industry.
  • This resulted in healthy bottom-line growth, including a 20.6% increase in adjusted operating income and a 19.4% increase in adjusted EBITDA.
  • J&J Snack Foods Corp. will host a conference call to discuss results and business outlook on February 6, 2024, at 10:00 a.m. Eastern Time.

Optimum Retailing Reports Breakout Year in 2023, Primed for Continued Success in 2024

Retrieved on: 
Monday, February 5, 2024
Growth, RFID, PC Mobile, Sephora, AI, NRF, QSR, Mathematical optimization, News, Vodafone, Kroger, Marketing, Verizon Communications, Investment, Artificial intelligence, Automation, APC, CPG, Business, Retail

TORONTO, Feb. 5, 2024 /PRNewswire-PRWeb/ -- Optimum Retailing (OR), the leading retail intelligence platform for the world's largest brick-and-mortar brands, today announced significant growth and innovation achievements in 2023. This past year's advancements, notably in artificial intelligence (AI) and RFID technologies, have enabled a wide range of retailers to enhance their operations and adapt to the rapidly changing demands of physical retail.

Key Points: 
  • Leading the way, OR is revolutionizing retail intelligence, enabling a broad spectrum of multinational retailers to optimize their in-store experiences and operations.
  • "2023 was a significant year of growth for Optimum Retailing," said Sam Vise, CEO and co-founder of Optimum Retailing.
  • "In 2024, our goal is to make technology a central focus of the in-store experience," said Laura Valentin-Schöffel, Director of Business Development at Optimum Retailing.
  • Optimum Retailing's recently published Global Retail Trends Shaping 2024 and Beyond Whitepaper provides additional valuable insight into the retail trends OR sees as top priorities in 2024.

Del Taco Partners With Stone Brewing to Elevate Beer Battered Crispy Fish Tacos

Retrieved on: 
Thursday, February 1, 2024
Del, Marketing, Senior, Lemonade, QSR, Beer, Ice, Stone Brewing Co., Mexican, Food preservation

LAKE FOREST, Calif., Feb. 01, 2024 (GLOBE NEWSWIRE) -- Del Taco , the nation’s second-largest Mexican quick service restaurant*, today unveils an unprecedented collaboration with Stone Brewing to deliver the NEW Beer Battered Crispy Fish Tacos made with Stone Buenaveza Salt & Lime Lager.

Key Points: 
  • LAKE FOREST, Calif., Feb. 01, 2024 (GLOBE NEWSWIRE) -- Del Taco , the nation’s second-largest Mexican quick service restaurant*, today unveils an unprecedented collaboration with Stone Brewing to deliver the NEW Beer Battered Crispy Fish Tacos made with Stone Buenaveza Salt & Lime Lager.
  • Del Taco joined forces with Stone Brewing, known for its innovative and high-quality beers that have helped fuel the craft beer revolution.
  • Del Taco and Stone Brewing introduce the ultimate beer battered crispy fish taco made with Stone’s top selling Stone Buenaveza Salt & Lime Lager, a Baja-inspired Mexican-style lager.
  • “When it comes to making delicious, premium beer battered crispy fish tacos, working with a trailblazing brewery is a must.

United States Plant Based Food Markets, 2023 and 2024-2030: QSRs Fuel Plant-Based Food Revolution, KFC Leads the Way - ResearchAndMarkets.com

Retrieved on: 
Tuesday, January 30, 2024
Retail, Agriculture, Natural Resources, Food, Beverage, Traction, Mineral, Meat, Vitamin, Smell, KFC, QSR, Beyond Fried Chicken, Pea, Food industry, Drink, Fast food

The plant-based food market in the United States is predicted to grow steadily because of the growing demand for nutritious and eco-friendly options.

Key Points: 
  • The plant-based food market in the United States is predicted to grow steadily because of the growing demand for nutritious and eco-friendly options.
  • However, the increasing cost of plant based food may additionally avoid growth, especially in countries with low consumer per capita income.
  • The market for plant based food is rising, pushed by factors like health concerns, environmental focus, and changing consumer possibilities.
  • KFC, for instance, has become the first fast food chain to introduce a plant based chicken product to its menu.

Popeyes® to launch in Italy

Retrieved on: 
Thursday, February 1, 2024
Restaurant, History, International, QSR, News, Restaurant Brands International, Burger King, Chicken sandwich, Fast food

Founded in New Orleans in 1972, Popeyes has more than 50 years of history and culinary tradition incorporating Cajun and Creole flavor profiles.

Key Points: 
  • Founded in New Orleans in 1972, Popeyes has more than 50 years of history and culinary tradition incorporating Cajun and Creole flavor profiles.
  • "We're very excited about growing the brand in Italy with RB Iberia, a long-term partner and strong operator.
  • "We are thrilled to spearhead the launch of Popeyes® in Italy.
  • The first Popeyes restaurant in Italy is scheduled to open later this year.

Sweet Paris Crêperie & Café Increases Southern Presence with Record Breaking Multi-Unit Agreement

Retrieved on: 
Tuesday, January 30, 2024
Partnership, Tampa Bay area, QSR, Entrepreneur (magazine), Food, Nation's Restaurant News, Strategic partnership, City, Partners Group, Fast food

HOUSTON, Jan. 30, 2024 /PRNewswire/ -- Sweet Paris Crêperie & Café, the ultra-popular restaurant brand specializing in sweet and savory crêpes, hot drinks and more, announced a new signed agreement that will bring 15 locations to multiple new markets across the South. Through a multi-unit deal and strategic partnership with Virentes Partners Group, Sweet Paris plans to open a minimum of one store in 2024 and all 15 locations within the next eight years across the greater Orlando area, Jacksonville and the Tampa Bay Area in Florida, Raleigh and the Piedmont Triangle in North Carolina, and the greater Nashville area including Franklin in Tennessee. This multi-unit deal, along with others in various stages of development, will bring Sweet Paris' total store count to 54 locations in the near future.

Key Points: 
  • This multi-unit deal, along with others in various stages of development, will bring Sweet Paris' total store count to 54 locations in the near future.
  • The festive atmosphere within a Sweet Paris location, the proficiency of the operations, and the extraordinarily wonderful culinary offerings and hospitality set Sweet Paris apart from other concepts in the restaurant industry.
  • "We are excited to welcome these three families with ample business experience to Sweet Paris and watch them thrive in these three untapped states."
  • Sweet Paris is looking to partner with qualified and engaged individuals seeking multi-unit opportunities through its strategic partnership model.

Marco's Pizza® Awards 86 Franchises Fueling Strategic Development and Expansion

Retrieved on: 
Tuesday, January 30, 2024
Honey, Attention, Growth, Marco's Pizza, Multi, Research, QSR, Hot, Franchise disclosure document, Food, MOMS, Nation, LATAM, Nation's Restaurant News, Pizzoli, Fast food

Growing leadership , with many with decades of experience in the restaurant, food, and QSR space, including the newest addition of Denise Lauer as Chief Marketing Officer .

Key Points: 
  • Growing leadership , with many with decades of experience in the restaurant, food, and QSR space, including the newest addition of Denise Lauer as Chief Marketing Officer .
  • Marco's 2024 development strategy will center around multi-unit growth as leadership prioritizes franchisee relations and operational support with nearly half of its current franchise network comprised of multi-unit operators.
  • As franchise development continues, leadership prioritizes a strong development support system, including technology and tools to help identify territories for expansion, plus support in real estate, construction management, field operations, and information related to financing.
  • For more information on Marco's Pizza franchise opportunities, visit https://www.marcos.com/franchising/ or call 866-731-8209.

SBE Welcomes Marc Anthony as Equity Partner in a Strategic Partnership with Sam Nazarian, the Founder and CEO of the Lifestyle Hospitality Company

Retrieved on: 
Wednesday, January 17, 2024
National Football League, Family, Music, Collection, Partnership, Friends, SBE, Sport, Jewellery, Bulova, Instinct, Restaurant, QSR, OCA, Growth

This powerhouse partnership between longtime friends and titans of industry, Sam Nazarian and Marc Anthony, represents a major milestone in the continued growth and evolution of the leading luxury and lifestyle brand.

Key Points: 
  • This powerhouse partnership between longtime friends and titans of industry, Sam Nazarian and Marc Anthony, represents a major milestone in the continued growth and evolution of the leading luxury and lifestyle brand.
  • Sam Nazarian, Founder and CEO, SBE expressed: "It's an honor to join forces with long-time friend and international superstar Marc Anthony.
  • SBE, as a leading lifestyle hospitality company, is dedicated to creating extraordinary experiences through its world-class hotels, restaurants, lounges, and nightclubs.
  • Today's announcement represents a major turning point in the transformative growth and expansion of Sam Nazarian's international lifestyle hospitality platform.