Bonhomme Hospitality, Top 500, Deborah VanTrece, Casual Dining, UK Inflation, Starbucks Malaysia & More...
🔪 The top F&B industry news from the past week
Weekly Digest: 23rd June 2022
The Owners of Porto Are Going Big This Year With a New Hotel, Two Restaurants, and a Club
📍 Global | Aimee Levitt | Eater
Bonhomme Hospitality is at it again with new openings in Spain and in the US.
Top 500 restaurant operators balance urban, suburban growth plans
📍 USA | Mark Hamstra | Nation’s Restaurant News
How have the best performing operators during covid straddled the fine line between rural and urban?
Atlanta restaurateur Deborah VanTrece is going big with small restaurants
📍 USA | Lisa Jennings | Nation’s Restaurant News
Deborah VanTrece sees value in small, yet geographically well-connected spaces.
Casual dining restaurant chains stage comeback with eye-popping 2021 sales
📍 USA | Nation’s Restaurant News
‘The casual-dining segment’s sales were devastated by the COVID-19 pandemic in 2020, but they surged back in 2021, with most big brands registering double-digit gains through a year that was buffeted by virus surges.’
UK inflation rises at fastest rate for 40 years as food costs jump
📍UK | Michael Race | BBC
What’s rising fastest? Bread, cereal, & meat.
Starbucks Malaysia Operator to Sacrifice Margin Than Raise Price
📍 Malaysia | Yantoultra Ngui & Ravil Shirodkar | Bloomberg
‘Berjaya Food Bhd., which operates Starbucks and chicken-based restaurant chain Kenny Rogers Roasters outlets across Malaysia, is looking to curb costs internally rather than pass on rising production costs to consumers.’
Fatburger and Buffalo’s Express to Land in Puerto Rico with 10-e development deal
📍 Puerto Rico | Nation’s Restaurant News
FAT Brands Inc. is planning a new development deal that will open 10 new franchised locations in Puerto Rico.