German Doner Kebab will open 12 restaurants this year in North America, including three in New York and one in Texas by the end of Q1. The expansion will also grow GDK's footprint in Canada, where it has restaurants in Toronto, Ottawa and Surrey. "The North American market is a...
International TGI Fridays Franchisee Sees Massive Opportunity in Asia
Prasoon Mukherjee’s connection to TGI Fridays stretches across continents and back to the early ‘90s, when John Nietzel trained him as a kitchen manager at a restaurant near Philadelphia. “I still remember the name of the store, Bensalem,” said Mukherjee, who after training returned to Malaysia and oversaw 11 TGI...
Subway mulls sale valuing global business at more than US$10 billion
Fast-food restaurant business Subway is exploring a potential sale that would value the business at more than USD$10 billion (A$14 billion), according to a report shared by The Wall Street Journal. Although the process is in its early stages, sources say the sale could attract corporate buyers and other private-equity...