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Everstone signs franchisee agreement to open Italy’s Lavazza cafes in India

Lavazza is the third foreign brand the private equity firm Everstone has signed for India after Burger King and Subway New Delhi: Private equity firm Everstone Capital has signed a franchisee agreement with Italy-based Luigi Lavazza S.p.A to open Lavazza-branded...

Over FY18-20, Burger King’s Revenue grew at of 49% CAGR, led by 2x store strength

According to Motilal Oswal Financial Services, Over FY18-20, BKIL's Revenue/EBITDA grew at a CAGR of 49%/258% led by 2x the store strength. However, it continues to make losses at PAT level. The same store sales growth stood at 12.2%/29.2%...

Burger King files for IPO, plans to raise Rs 541.9 cr

Quick service restaurant major Burger King India has filed a draft prospectus for an initial public offering (IPO). The company plans to raise Rs 541.9 crore through the fresh issue. The addendum to the draft red herring prospectus said that the...

Hygiene, social distancing norms in focus as restaurants, retailers gear up to reopen

Restaurant operators and retailers are now looking forward to resuming business activities after the government on Saturday allowed them to re-open from June 8. According to a PTI report: Several Quick Service Restaurants (QSR) operators have redesigned and reorganised layouts...

World Retail Congress 2020 collaborates with IndiaRetailing

World Retail Congress (WRC), the annual gathering place for global retail industry leaders, will be conducted from April 28-30, 2020 in Rome. The theme of the three-day event is High Velocity Retail: The Relevance Agenda’. The programme will, with the...

The Great Indian Mall Story: The Rise of the shopping centre industry

The Great Indian Mall Boom began innocuously enough in the early 2000s, with just three malls in existence in the entire country. Nineteen years later, the number has mushroomed to a whopping 650 malls, enabled by the fact that...

Burger King Corp not to raise stake in India biz: Burger King India CEO

US-based fast food brand owner Burger King Corporation, which holds about 12 percent stake in Burger King India, is not exploring raising its holding in India operations, an official said on Thursday. According to a PTI report: Majority stake of...

Restaurant Brands International to expand Burger King, Tim Hortons and Popeyes to over 40,000 restaurants globally

Restaurant Brands International Inc. outlines growth plans for Burger King®, Tim Hortons® and Popeyes®, It plans to grow these brands from approximately 26,000 restaurants to more than 40,000 restaurants globally over the next 8-10 years. This will make Restaurant...

Franchising as a model for business expansion in foodservice

Franchise is a business opportunity that can lead to the foundation of a successful business empire. It is a marketing concept adopted by companies for business expansion. When implemented, a franchiser licenses its know-how, procedures, intellectual property, use of...

Technology Shaping the Future of Retail: What’s in store for 2019

The Indian Retail Industry is considered one of the fastest growing industries in the world and technology has emerged as a helping hand to the industry. The world has seen a transition in retail planning –with the industry going...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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