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Weak demand hurts fast food chains in Q4, but outlook strong - Industry News

Weak demand hurts fast food chains in Q4, but outlook strong - Industry News
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

Food delivery, quick commerce take a bite out of QSR sales: brokerage reports, ET Retail

Food Delivery Platforms: For the overall QSR industry, revenue growth for the final quarter of FY24 was at 9% on a year-on-year basis, down from 18% a year ago, while both same-store sales growth (SSSG) and average daily sales (ADS) declined, a report from brokerage firm BNP Paribas Exane said.

Rapid expansion of Zomato, Swiggy to impact QSR sales, says report

Rapid expansion of Zomato, Swiggy to impact QSR sales, says report
moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.

Moneycontrol Pro Weekender | Edge of Euphoria

Among the global fund managers surveyed by Bank of America, 61 percent said they expected lower-than-average growth and higher-than-average inflation for the global economy over the next 12 months

food and beverage: PVR Inox looks to grow pre-ticketing F&B biz post its JV with Devyani

PVR Inox has partnered with Devyani International to expand into the food and beverage sector. Devyani will hold a 51% stake, while PVR will have 49%. This joint venture aims to boost pre-ticketing F&B revenue through branded food courts adjacent to cinemas. In FY24, PVR Inox s F&B sales rose 21% to Rs 1958 crore. The company plans to open 5-6 food courts initially. PVR Inox is also shifting to a capital-light model, reducing capex and adding new screens through a franchise model.

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